Eastnine AB (publ) (EAST) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.859 Hello and very warm welcome to IS9's third quarter presentation. 00:00:04.859 -- 00:00:09.826 My name is Kastuti Sasnauskas and with me, Frit-Marie Nyman, 00:00:09.826 -- 00:00:15.235 Deputy CEO and CFO, and today we will guide you through our third quarter results 00:00:15.235 -- 00:00:17.538 of 2025. 00:00:17.538 -- 00:00:22.967 Before I start, I urge you to post your questions during our presentation and 00:00:22.967 -- 00:00:29.113 we will answer them right after the presentation is done. 00:00:29.275 -- 00:00:34.621 So let's move into the third quarter. We continue experiencing tailwinds 00:00:34.621 -- 00:00:36.503 in operations. 00:00:36.503 -- 00:00:40.846 Our rental revenue is growing 45%. Incomparable 00:00:40.869 -- 00:00:44.533 portfolio, 3.1%. Profit 00:00:44.533 -- 00:00:48.515 from property management up 48%. And 00:00:48.618 -- 00:00:51.081 per share is 35%. 00:00:51.081 -- 00:00:53.563 All of these figures 00:00:53.563 -- 00:00:58.547 depend very much on our last acquisition in Poland. 00:00:59.110 -- 00:01:01.813 This growth 00:01:01.813 -- 00:01:07.199 is mainly attributed to that. But we're also very, very happy to see strong performance 00:01:07.199 -- 00:01:13.345 in comparable portfolio as well. We also have positive value changes in our portfolio, 00:01:13.345 -- 00:01:18.450 though slight. There's no dramatic change, mainly driven 00:01:18.450 -- 00:01:20.292 by growing 00:01:20.292 -- 00:01:26.937 market rental levels in the market, which result into positive revaluation of our portfolio. 00:01:26.954 -- 00:01:32.444 We also refinanced some of our debt and increased our leverage a little bit. 00:01:32.444 -- 00:01:36.651 This is all in preparation for further future acquisitions. 00:01:36.651 -- 00:01:42.0...