Hoist Finance AB (publ) (HOFI) Q3 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Hoist Finance Ab.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.195 Welcome to Hoist Finance Q3 Report for 2025. 00:00:03.195 -- 00:00:08.643 For the first part of the conference call, the participants will be in listen-only mode. 00:00:08.643 -- 00:00:13.270 During the questions and answers session, participants are able to ask questions by dialing 00:00:13.270 -- 00:00:18.697 pound key 5 on their telephone keypad. Now I will hand the conference over to CEO 00:00:18.697 -- 00:00:23.504 Harry Vranisch and CFO Magnus Söderlund. Please go ahead. 00:00:23.504 -- 00:00:28.032 Thank you very much. Good morning everyone and welcome to this Hoist Finance earnings 00:00:28.032 -- 00:00:32.781 call for the third quarter of 2025. I am 00:00:32.781 -- 00:00:38.512 Harry Vranjes, CEO of Hoist Finance and next to me I have Magnus Söderlund, 00:00:38.512 -- 00:00:45.201 our CFO and Karin Tycke, our Chief Investor Relations Officer. 00:00:45.256 -- 00:00:47.561 So first of all, thank you all for joining. 00:00:47.561 -- 00:00:50.087 Thank you for your interest in Hoist Finance. 00:00:50.087 -- 00:00:55.199 We will try to run through this presentation in 30 minutes to leave 00:00:55.199 -- 00:01:00.607 as much time as possible for any questions that you may have. 00:01:00.832 -- 00:01:05.840 now uh before we dive into the material um i usually sort of do 00:01:05.840 -- 00:01:10.847 a small introduction to sort of our core business model uh and i will do 00:01:10.847 -- 00:01:15.895 the same this quarter uh basically our business model is uh is very simple we acquire 00:01:15.895 -- 00:01:21.984 portfolios of non-performing loans from banks at significant discount 00:01:21.984 -- 00:01:23.607 historically 00:01:23.607 -- 00:01:29.394 uh an average we paid around 10 percent of nominal value Now to reach our financi...