Property investment company Fastator reported a decline in revenue for the fourth quarter compared to the same period last year, with operating losses increasing.

Revenue fell to 52.3 million kronor (71.6).

Property value changes amounted to -239.3 million kronor (-3.4).

Results from associated companies and joint ventures were -154.5 million kronor (-6.9).

Operating profit came in at -402.8 million kronor (-15.1).

Profit before tax was -379.2 million kronor (-91.9).

Net profit after tax totaled -355.4 million kronor (-94.1), corresponding to -4.58 kronor per share (-1.15).

No ordinary dividend is proposed (0).

Net asset value per share stood at -3.20 kronor (4.41).

The company has focused on recapitalizing Fastator, a move decided at an extraordinary general meeting in December and carried out in January. The recapitalization has reduced costs by 1,757 million kronor and turned equity positive to 63 percent, compared to -11.5 percent at year-end.

"Overall, the recapitalization and management of existing bonds have significantly strengthened the balance sheet and broadened the shareholder base, which now includes several larger and financially strong institutional investors," commented Jonas Sundin, interim CEO of Fastator.

He stated that going forward, efforts will focus on further streamlining the portfolio, strengthening cash flow within holdings, and clarifying the company's strategic direction.

"Discipline, transparency, and active ownership will guide us as we move from financial recovery to growth," Sundin said.

Fastator, MkrQ4-2025Q4-2024Change
Net revenue52.371.6-27.0%
Operating profit-402.8-15.1
Profit before tax-379.2-91.9
Net profit-355.4-94.1
Earnings per share, kronor-4.58-1.15
Net asset value per share, kronor-3.204.41
Ordinary annual dividend per share, kronor00