)
Visual
earnings real time
Hepsor (HPR1T) investor relations material
Hepsor Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary29 Oct, 2025
Executive summary
Revenue for the first nine months of 2025 reached €30.9M, up from €27.9M year-over-year, with net profit at €1.5M (9M 2024: €1.2M).
Q3 2025 revenue was €8.8M (Q3 2024: €20.4M), with net profit of €1.2M (Q3 2024: €2.7M).
119 new homes delivered in 9M 2025, with 374 homes under construction as of 30 September 2025.
The company operates in Estonia, Latvia, and Canada, with 30 active development projects and a total saleable area of 178,200 m².
Financial highlights
Gross profit for 9M 2025 was €4.9M (gross margin 16.0%), up from €4.2M (15.2%) year-over-year.
EBITDA for 9M 2025 was €3.1M (10.0% margin), up from €2.5M (8.9%) in 9M 2024.
Net profit margin for 9M 2025 was 4.9% (9M 2024: 4.2%).
Total assets as of 30 September 2025 were €80.7M, down from €93.4M a year earlier.
Equity ratio at 30 September 2025 was 26.8%, with an adjusted equity ratio of 46.6%.
Outlook and guidance
Construction of two new projects in Riga to begin in Q4 2025, with four more projects planned for H1 2026 in Estonia and Latvia.
12-month rental income forecast (Oct 2025–Sep 2026) is €2.2M.
The company is preparing a bond program to be listed on Nasdaq Tallinn.
What drives Latvia's increasing revenue contribution?
What drove the commercial vacancy rate reduction?
How will the bond program impact debt structure?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Hepsor earnings date
Q4 202519 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
)
Frequently asked questions
Hepsor AS is a real estate development company operating primarily in Estonia and Latvia, with a growing presence in Canada. The company specializes in developing, renting, and selling both residential and commercial real estate properties. The company's portfolio includes a diverse range of projects, including residential buildings, office spaces, and commercial properties. Hepsor AS is headquartered in Tallinn, Estonia, and its shares are listed on the Nasdaq Tallinn.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage