Romreal Ltd. · OSL:ROM
Romreal — Q1 2025 Earnings Presentation
13 slides from Romreal's earnings presentation, May 30, 2025
Slide 1: RomReal Limited Investor presentation – First Quarter 2025 results
RomReal Limited Investor presentation First Quarter (Q1) 2025 results Kjetil Gronskag 30 May 2025 This Presentation of the Q1 2025 results of RomReal Ltd (the “Company”) has been prepared for discussion purposes only and should be read in conjunction with the Q1 2025 Report which is filed on Euronex
Slide 2: Contents
Contents Q1 2025 highlights 3-4 NAV movement in Q1 2025 5 Financial highlights 1Q.25 – IFRS 6 RomReal Properties per 1Q 2025 7 Operational highlights 8 Romania Macro Developments 9 Apartment Price Development 10 RomReal shareholders 11 Outlook 12 Contact details 13 RomReal Limited – First quarter 20
Slide 3: Q1 2025 results – Highlights
Q1 2025 results – Highlights Net Asset Value (NAV) • Net Asset value was EUR 0.36 (NOK 4.09, before any tax) per share, down 1.8% from Q4 2024. EUR/NOK was 11.41 end of Q1 2025 versus 11.79 by the end of 4Q 2024. Operational highlights • The first apartment on Oasis was sold late 2024 and the second
Slide 4: Q1 2025 results – Highlights
Q1 2025 results – Highlights Financial Results • Net Result for the quarter was a loss of EUR 259,000, compared to a gain of EUR 231,000 in 1Q 2024. Net change in cash flow for the quarter was a positive EUR 25,000 compared to positive of EUR 427,000 in the same period last year. This was mainly due
Slide 5: NAV movement in Q1 2025
NAV movement in Q1 2025 Asset base Q1 2025 Q4 2024 EUR ’000 EUR/ share NOK/share EUR ’000 EUR/ share NOK/share Investment 2,607 0.06 0.74 2,607 0.06 0.76 property Assets held for 0 0.00 0.00 0 0.00 0.00 sale Inventories 6,880 0.17 1.95 6,701 0.17 1.96 Cash 3,280 0.08 0.93 3,255 0.08 0.95 Other 1,661
Slide 6: Financial highlights 1Q.25 – IFRS
Financial highlights 1Q.25- IFRS EUR '000 Q1 2025 Q1 2024 Operating Revenue 64 1,500 Operating Expenses (307) (291) Other operating income/ (expense), net 2 (923) Net financial income/(cost) 60 89 Pre-tax result (182) 374 Result for the period (259) 231 Total assets 15,149 17,532 Total liabilities 7
Slide 7: RomReal Properties Q1 2025
RomReal Properties Q1 2025 Plot name Location Size (m2) 1 Ovidiu Lakeside Constanta North/Ovidiu 1,126 2 Ovidiu (Oasis) Constanta North/Ovidiu 21,418 3 Centrepoint Constanta North/Ovidiu 121,672 4 Ovidiu Residence 3 Constanta North/Ovidiu 7,100 5 Balada Market Central Constanta 7,188 For further inf
Slide 8: Operational highlights
Operational highlights Lake Side (No.1 on the table) – the 2 houses are still for sale. The final transfer of the agreed land (promenade area), about 700m2, to the municipality of Ovidiu is planned to take place mid-2025. Oasis (No. 2 on the table) –The asphalting of roads and parking area will be c
Slide 9: Romanian Macro development
Romanian Macro development • The National Bank of Romania policymakers decided to keep the key rate at 6.50% on 16 May. The NBR’s decision took into account inflationary pressures, political risk and the ongoing fiscal policy uncertainty. • The annual inflation rate was for practical purposes unchan
Slide 10: Apartment Price Development (End March 25)
Apartment Price Development (End March 25) • Asking prices for apartments and houses in Romania increased in the First quarter of 2025 compared to Fourth quarter of 2024 (EUR 1,710/m2) to EUR 1,818/m2 at the end of 1Q 2025 and EUR 1,842/m2 at the end of April 2025. • In Constanta, average prices inc
Slide 11: RomReal shareholders as at 22/05/2025
RomReal shareholders as at 22/05/2025 Rank Name Holding Ownership • This is the Top 20 Shareholder list as per 22 May 2025. 1 SIX SIS AG 10,328,200 24.97% 2 GRØNSKAG, KJETIL 6,023,006 14.56% • The total issued 3 THORKILDSEN, WENCHE 5,392,985 13.04% number of shares at end 4 SAGA EIENDOM AS 3,386,636
Slide 12: Outlook
Outlook • The Parliament sworn in the newly elected President Mr. Nicusor Dan on Monday 26 May. The president election should reduce the political volatility, but the parliamentary stability of the coalition Government is still a questionmark. The National Bank of Romania decided to keep the key rat
Slide 13: Thank you
Thank you Investor Relations Kjetil Gronskag +40 731123037 | investors@romreal.com 16 Burnaby Street, Hamilton HM11, Bermuda For further information on RomReal, including presentation material relating to this interim report and financial information, please visit www.romreal.com DISCLAIMER The info