Hoist Finance AB (publ) (HOFI) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much. Good morning, everyone, and welcome to this Hoist Finance earnings call for the fourth quarter and full year of 2025. I'm Harry Vranjes, CEO of Hoist Finance, and with me in the room here is Magnus Söderlund, our CFO, and Karin Tycke, our Chief Investor Relations Officer. So thank you again for logging on this morning and showing your interest in Hoyst Finance. We will try to run through the presentation in some 30 minutes to leave ample room for any questions you may have. But before we get going on the quarter and the year itself, I just want to take a minute on some perspectives on 2025. 2025 was an action-packed year again. with lots of activity on the funding side of the business in the beginning of the year. But when it came to investments, we started the year slowly with a sleepy first quarter with a pipeline that then gradually grew and eventually culminated in Q4. and especially in December. So we booked about 4 billion SEC in the quarter, which is 40% of our 2025 volumes, and most of that in December. So this has been a drag on the interest income development in 2025, but will give us a great start in 2026, especially as we have already secured about 1.4 billion SEC for the first half of the year. But I guess in quarter four, our core business really, really delivered. 108% collection performance is a new record, certainly for the time I've been here. And just to put those percentages in perspective, so the fact that we collected 108% instead of 104%, which we had done Q1 to Q3, added 105 million SEK profit to the quarter. So a big thank you to the whole organization for an incredible finish of the year. We also launched our new internal HoistBar platform in Germany in Q4, in November. The reception and the uptake has been significantly...