NAXS AB: NAXS Year-end report January - December 2024
January-December 2024
- Net profit amounted to MSEK -66.6 (4.4).
- Earnings per share amounted to SEK -6.01 (0.39).
- Net asset value amounted to MSEK 808 (SEK 72.98 per share) at December 31, 2024, compared to MSEK 922 (SEK 83.24 per share) at December 31, 2023.
- Net cash amounted to MSEK 204 (SEK 18.38 per share) at December 31, 2024, compared to MSEK 209 (SEK 18.89 per share) at December 31, 2023.
- The 2024 Annual General Meeting resolved to pay a dividend of 4.25 SEK per share for FY 2023 and voted for a continued share repurchase mandate.
Fourth quarter 2024
- Net profit amounted to MSEK 5.7 (14.2).
- Earnings per share amounted to SEK 0.52 (-1.28).
Distribution of profits
The Board of Directors proposes a dividend of SEK 4.25 per share for the FY 2024.
In addition, the Board of Directors proposes to the Annual General Meeting to vote on a continued share repurchase mandate.
Comments by the CEO
In Q4 2024, NAXS's NAV per share increased by 0.7% to SEK 72.98, with a net profit of MSEK 5.7 driven by positive adjustments in Other Investments. Liquidity remained strong, with Net cash at MSEK 204.
The quarter included an increased commitment to Celero Fund (E) AB, totalling MEUR 3.2. While the full-year NAV per share declined by 7.2%, including dividends, we remain focused on disciplined portfolio management and long-term value creation.
Nikolai Jebsen
Contact
Nikolai Jebsen, Interim CEO
+47 462 82 222
nikolai.jebsen@naxs.se
Gösta Lundgren, CFO
+46 70 710 47 88
gosta.lundgren@naxs.se
This information is information that NAXS AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 19.30 CET on January 30, 2025