Mofast (MOFAST) Q4 2025 earnings summary

Executive summary

• Owns, develops, and manages 66 community and residential properties in Swedish growth regions, focusing on stable, long-term returns and low vacancy rates.

• 2025 marked by stable operations, improved key metrics, and successful divestment of low-yield assets, strengthening the portfolio and financial position.

• Economic occupancy rate at 95.5% and average lease duration for community properties at 5.0 years.

Financial highlights

• Q4 2025 rental income: 52.4 Mkr (54.7), operating net: 30.0 Mkr (31.1), management result: 10.4 Mkr (6.8), pre-tax profit: 13.3 Mkr (12.1).

• Full-year 2025 rental income: 213.6 Mkr (220.9), operating net: 131.9 Mkr (128.7), management result: 44.9 Mkr (15.0), pre-tax profit: 31.7 Mkr (34.5).

• Operating margin improved to 57.3% (56.9) in Q4.

• Cash position at year-end: 37.4 Mkr.

Outlook and guidance

• Board proposes a dividend of 0.5 SEK per share, in line with the new policy to distribute 30–50% of post-tax management result.

• Continued focus on divesting non-strategic, low-yield assets and reinvesting in value-adding projects.

• Management expresses confidence in further strengthening operations in 2026.