Acrinova (ACRI) Q4 2025 earnings summary

Executive summary

• Completed a major strategic shift in 2025, focusing on project and property development after divesting 66% of the property portfolio and returning significant capital to shareholders.

• Established a streamlined organization and financial structure, positioning for selective acquisitions and new projects.

• Entered 2026 with a clear strategy, strong liquidity, and readiness for long-term value creation.

Financial highlights

• Total revenue for 2025 was 128,148 tkr, down 19.8% year-over-year due to property sales.

• Net income for the period was 59,966 tkr (35,908 tkr), with EPS of 0.94 kr (0.52 kr).

• Operating surplus was 76,591 tkr (110,666 tkr), and management result was 29,104 tkr (49,947 tkr).

• Cash flow from operations was 337,733 tkr, with year-end cash of 151,388 tkr.

• Property value at year-end was 823,583 tkr (2,015,961 tkr), reflecting major divestments.

Outlook and guidance

• Focus remains on project development and selective acquisitions in southern Sweden, especially Skåne.

• Entering 2026 with strong liquidity and a robust capital structure, aiming for high-return investments.

• Board proposes a dividend of 0.50 kr per share for 2025.