Nova Klúbburinn (NOVA) Q4 2025 earnings summary

Executive summary

• Total revenues for 2025 reached ISK 14,299 million, up from ISK 13,314 million year-over-year.

• EBITDA increased to ISK 4,256 million from ISK 4,128 million year-over-year.

• Net profit for the year was ISK 783 million, compared to ISK 807 million in 2024.

• Equity at year-end stood at ISK 9,595 million, with an equity ratio of 40.8%.

• Major restructuring included the transfer of 4G/5G assets and operations to Sendafélagið ehf., resulting in a 55% stake.

Financial highlights

• Revenue: ISK 14,299 million in 2025 vs. ISK 13,314 million in 2024.

• EBITDA: ISK 4,256 million in 2025 vs. ISK 4,128 million in 2024.

• Net profit: ISK 783 million in 2025 vs. ISK 807 million in 2024.

• Earnings per share: ISK 0.222 basic, ISK 0.217 diluted.

• Cash at year-end: ISK 890 million.

Outlook and guidance

• Proposed dividend of ISK 350 million to be paid in 2026.

• Acquisition of Ofar hf. for ISK 4,400 million plus lease liabilities of ISK 510 million, pending regulatory approval.

• Continued focus on sustainability, digital infrastructure, and innovation.