Real estate investment company Fastator reported a decline in revenue for the third quarter compared to the same period last year, with operating results shifting from profit to loss.
Revenue fell by 19.5 percent to SEK 51.5 million (64.0).
Property value changes amounted to SEK -6.0 million (-13.4).
Operating profit stood at SEK -9.1 million (4.4).
Pre-tax profit was SEK -79.6 million (-56.7).
Net profit after tax reached SEK -79.5 million (-44.6), corresponding to SEK -1.01 per share (-0.57).
Net asset value per share was SEK 1.92 (5.60).
Following the end of the period, Fastator underwent a comprehensive recapitalization. The company secured substantial liquidity through a bridge loan and a new bond issue, while existing bonds were converted into both preference and common shares.
"Through this, Fastator's balance sheet is significantly strengthened. The equity attributable to common shareholders increases, and the company becomes well-capitalized. This creates an entirely new financial platform for continued development in a market that has long been challenging," commented Jonas Sundin, acting CEO of Fastator.
He also stated that the company is now entering a new phase.
"After several years of significant challenges, we are now seeing the first concrete steps toward a more stable future, even though much work remains," Sundin said.
| Fastator, SEK million | Q3-2025 | Q3-2024 | Change |
| Net revenue | 51.5 | 64.0 | -19.5% |
| Operating profit | -9.1 | 4.4 | |
| Operating margin | 6.9% | ||
| Profit before tax | -79.6 | -56.7 | |
| Net profit | -79.5 | -44.6 | |
| Earnings per share, SEK | -1.01 | -0.57 | |
| Net asset value per share, SEK | 1.92 | 5.60 | -65.7% |
