NTR (NTR) Q3 2024 earnings summary

Executive summary

• Strategic options under review to capitalize on the stock exchange platform; liquidation proposed if no solution by H1 2025.

• Primary operations generated EBIT of DKK -1.2m for Q1–Q3 2024, matching prior year and expectations.

• Equity at September 30, 2024, was DKK 10.3m, with book value per share at DKK 4.2.

Financial highlights

• EBIT for Q1–Q3 2024: DKK -1.2m (Q1–Q3 2023: DKK -1.2m); net result: DKK -0.8m (Q1–Q3 2023: DKK -1.1m).

• No revenue recognized in 2024; full-year EBIT loss expected at DKK -2m.

• Cash and securities at September 30, 2024: DKK 10.8m (down from DKK 12.8m YoY).

Outlook and guidance

• 2024 guidance unchanged: zero revenue and EBIT loss of approximately DKK 2m, assuming current structure.

• Annual costs expected at DKK 1–2m if structure maintained; liquidation costs estimated at DKK 1–3m.