Toivo Group Oyj · OMXHEX:TOIVO
Toivo Group Oyj — Q1 2025 Earnings Presentation
19 slides from Toivo Group Oyj's earnings presentation, May 7, 2025
Slide 1: Toivo Group Plc's Business Review 1 January – 31 March 2025
Toivo Group Plc’s BUSINESS REVIEW 1 January – 31 March 2025 CEO Markus Myllymäki CFO Samuli Niemelä 7 May 2025
Slide 2: Event main points
Event main points • A brief look at the review period • Key figures • Main Market transfer • Toivo’s focus as a Main Market company • Changes to financial targets • E-Heat • Prospects for 2025 7 May 2025
Slide 3: January-March 2025 in brief
January-March 2025 in brief • Revenue EUR 11.5 million (EUR 10.3 million), +12 % • Operating profit EUR 2.0 million (1.2 million) • DEVELOPMENT: Contracts for 81 (0) new apartments and one parking facility. • CONSTRUCTION: Construction of 124 (0) apartments and one parking facility was started. • OW
Slide 4: Key figures
Key figures 1 January – 1 January – EUR thousand 31 March 2025 31 March 2024 change, % Revenue 11,534 10,268 12% Revenue and investments, total 19,653 11,585 70% Value of the project portfolio* (MEUR) 394 680 -42% Operating profit 1,978 1,181 67% Operating profit without changes in values of 1,978 1
Slide 5: Main Market Transfer
Main Market Transfer Toivo Group is aiming to transfer to the Main Market of Nasdaq Helsinki in 2025 for the following reasons: 1. Accelerating business and seizing growth opportunities 4 Increasing share liquidity and broadening the The company is pursuing growth and aims to capitalize on sharehold
Slide 6: Focus on construction and development
Focus on construction and development The profitability of the real estate project is defined by Toivo’s real estate development profitability on approximately 80 percent before the start of construction. development and construction between 2019 – Q1 2025 Land purchase price Micro and macro locatio
Slide 7: Toivo's focus as a real estate developer
Toivo’s focus as a real estate developer A project portfolio worth one billion euros in the Helsinki metropolitan area and A one billion euro project Tampere. The billion-euro value comprises the value of projects built on the land portfolio upon completion. Projects are primarily developed to the z
Slide 8: Toivo's Business Model
Toivo's Business Model 4 wg Business focus: @ Situation on 31 March 2025 ) e One billion euro project portfolio e Apartments and community properties e 15% project profitability Ownership e 577 owned apartments e 356 apartments . > under management \ Construction : e 355 apartments and 2 community p
Slide 9: Impact of the shift in focus on strategy
Impact of the shift in focus on strategy As part of the shift in focus, the company is updating its strategy published on February 28, 2024. The most significant changes pertain to volume targets, the use of the company's balance sheet, and sales. Strategy starting from 2024 Strategy starting from M
Slide 10: Changes to financial targets
Changes to financial targets As part of a strategic shift, the company is replacing the financial targets for 2024–2026, published on February 28, 2024, with new medium-term targets. OLD FINANCIAL TARGET FOR 2024-2026 NEW MEDIUM-TERM FINANCIAL TARGETS • Significantly increase the long-term net asset
Slide 11: E-Heat
E-Heat On 14 February 2025, it was announced that Toivo Group Oyj and E-Heat Oy had signed a preliminary agreement regarding the acquisition of the entire share capital of E-Heat Oy. According to the agreement, Toivo and the founding shareholders of E-Heat Oy committed to advancing the transaction,
Slide 12: Financial prospects
Financial prospects PROSPECTS FOR 2025 MEDIUM-TERM FINANCIAL TARGETS • The company expects the operating • Annual volume (revenue and investments, total) profit for the financial year of 1 will grow on average by 20%. January-31 December 2025 to be EUR • Annual operating profit will grow on average
Slide 13: Thank you!
Thank you! Markus Myllymäki Samuli Niemelä CEO CFO +358 40 847 6206 +358 50 430 3483 markus.myllymaki@toivo.fi samuli.niemela@toivo.fi 7 May 2025
Slide 14: Appendices
Appendices
Slide 15: Appendix 1. Key figures 31 March 2025
Appendix 1. Key figures 31 March 2025 Group, EUR thousand 1-3/2025 1-3/2024 Change Revenue 11 534 10 268 1 266 Revenue and investments, total 19 653 11 585 8 068 Value of the project portfolio* (MEUR) 394 680 -286 Operating profit 1 978 1 181 797 Operating profit without changes in values of investm
Slide 16: Group income statement 1-3/2025
Group income statement 1-3/2025 Group income statement The Group’s statement of comprehensive income 1 Jan - 31 March 1 Jan - 31 March 1 Jan - 31 1 Jan - 31 EUR Thousand 2025 2024 EUR Thousand March 2025 March 2024 Revenue 11 534 10 268 Financial year profit (loss) 877 81 Changes in the fair values
Slide 17: Consolidated balance sheet 31 March 2025
Consolidated balance sheet 31 March 2025 31 March 31 March 31 March 31 March EUR thousand 2025 2024 EUR thousand 2025 2024 ASSETS EQUITY Non-current assets Ordinary shares 1 000 1 000 Investment properties 116 154 139 699 Subordinated loans 17 073 17 302 Right-of-use assets 32 84 Share premium accou
Slide 18: Important information
Important information This material has been prepared for discussion purposes only and may not be copied, reproduced or redistributed to any other person, not whole nor in part, without a prior written consent of Toivo Group Plc (“Company”). All the information presented herein is on a general level
Slide 19: investors.toivo.fi
investors.toivo.fi Great Place To Work. Sertifioitu