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Warimpex (WXF) investor relations material
Warimpex Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue declined by 5% to EUR 20.4 million for 2025 compared to the previous year, with rental income up 8% but hotel revenues down 26%.
EBITDA increased 61% to EUR 1.8 million, while net loss from continuing operations narrowed to EUR -2.4 million from EUR -16 million year-over-year.
Major operational milestones included new tenant agreements, expansion of coworking spaces, and the launch of residential development projects in Poland.
Financial highlights
Rental income rose 8% year-over-year, while hotel segment revenues fell 26%.
EBITDA reached EUR 1.8 million, up from EUR 1.1 million in 2024.
Net loss from continuing operations improved to EUR -2.4 million from EUR -16.5 million.
Gross asset value as of 31/12/2025 was EUR 241.2 million, with 74% of assets in Poland.
Outlook and guidance
Key objectives for 2026 include developing land reserves, increasing the value of standing assets, and launching apartment sales at Mogilska 31 Living.
Plans to rebrand the hotel in Darmstadt and focus on sustainable building initiatives.
- EBITDA rose 46% and net loss narrowed as office revenues grew and Russian risks ended.WXF
Q2 202520 Mar 2026 - Losses narrowed sharply as office rental growth offset hotel declines; focus shifts to Polish projects.WXF
Q3 202528 Nov 2025 - Russian exit drives €42.8M loss, but core revenues rise and future focus shifts to Poland and Germany.WXF
Q3 202413 Jun 2025 - Net loss of €8.8m in H1 2024; focus remains on sustainable office projects amid market headwinds.WXF
Q2 202413 Jun 2025 - Revenue up, but losses deepened; focus shifts to sustainable, flexible assets in 2025.WXF
Q4 20249 Jun 2025 - Revenue up 9% and net loss narrowed as office segment growth offsets hotel decline.WXF
Q1 20259 Jun 2025
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