I Love Lund (LOVE) Q4 2025 earnings summary

Executive summary

• Fourth quarter of 2025 was the most active period for shareholders, with a focus on follow-on investments and partial divestments in listed holdings; no new companies were added to the portfolio.

• Portfolio remains diversified across about 50 companies, mainly early-stage, innovative, and Lund-based, with a core of 15 significant holdings.

• Notable events included a government visit, capital market evening in Stockholm, and strong community engagement with increasing shareholder numbers.

Financial highlights

• Net sales for both Q4 and the full year were SEK 0; other operating income was SEK 25,575 for the year.

• Operating loss for Q4 was SEK -766k (vs. -743k prior year); full-year operating loss was SEK -3.0m (vs. -2.9m prior year).

• Result after financial items for Q4 was SEK -670k (vs. -2.6m prior year); full-year result after financial items was SEK -4.8m (vs. -7.0m prior year).

• Equity per share at year-end was SEK 81.9 (vs. 93.0 prior year); net asset value per share was SEK 107.8.

• Result per share for Q4 was SEK -1.6 (vs. -6.2 prior year).

• No long-term interest-bearing debt at year-end; cash and cash equivalents were SEK 489k.

Outlook and guidance

• No forecasts or forward-looking statements are provided.