03 November 2025
ANNOUNCEMENT Key financial figures of the 3rdquarter 2025Consolidated income from investment properties amounted to € 3.1 million in the 3rdquarter of 2025 and € 8.3 million in the nine-month period of 2025, compared to € 2.4 million and € 7.3 million in the respective periods of 2024, increased by 29.9% and 14.8% respectively.
Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to profit € 718 thousand in the 3rdquarter of 2025 and € 1.6 million in the nine-month period of 2025, compared to profit € 358 thousand and € 1 million in the respective periods of 2024, presenting a significant increase of 100.6% and 60.1% respectively.
Income from portfolio asset management amounted to € 1.1 million in the nine-month period of 2025 compared to € 846 thousand in the respective period of 2024, i.e. increased by 28%. The return on the equity portfolio for the nine-month period of 2025 came up to 15.9% and on the fixed income portfolio to 6.7%.
Consolidated Equity amounted to € 131.6 million compared to € 128.5 million in 2024. The consolidated book value per share as of 30/09/2025 amounted to € 4.19 per share.
Consolidated profit after tax for the 3rdquarter of 2025 amounted to € 3.1 million compared to profit of € 31 thousand in the respective period of 2024. Excluding gains from the fair value adjustment and the sale of investment properties of RKB amounting to € 2.6 million in the 3rdquarter of 2025 and € 150 thousand in the respective period of 2024, consolidated results amount to profit of € 501 thousand in the 3rdquarter of 2025 compared to loss of € 119 thousand in the respective period of 2024. Profit after tax for the nine-month period of 2025 amounted to € 3.1 million compared to profit of € 5.2 million in the respective period of 2024. Excluding the aforementioned gains from the fair value adjustment and sale of investment properties as well as the extraordinary gains of € 5.8 million arising from the restructuring of RKB's bank borrowing during the first half of 2024, consolidated profit after tax amounts to € 439 thousand in the nine-month period of 2025 compared to loss of € 718 thousand in the nine-month period of 2024.
The subsidiary company RKB continued the significant improvement of its results for one more quarter. In particular, for the 3rdquarter and the nine-month period of 2025 recorded an increase in total income from investment properties of 30.4% and 14.8% respectively, and a significant improvement of EBITDA by 36.3% and 20.8% respectively. Profit after tax for the 3rdquarter of 2025 amounted to € 3.2 million compared to profit of € 347 thousand in the respective period of 2024. Excluding gains from the fair value adjustment and the sale of investment properties amounting to
€ 2.6 million in the 3rdquarter of 2025 and € 150 thousand in the respective period of 2024, RKB's profit amounts to € 617 thousand in the 3rdquarter of 2025 compared € 197 thousand in the respective period of 2024 making a significant increase of 213.2%. Profit after tax for the nine-month period of 2025 amounted to € 4.1 million compared to profit of € 6.4 million in the respective period of 2024. Excluding the aforementioned gains from the fair value adjustment and sale of
investment properties as well as extraordinary gains of € 5.8 million arising from the restructuring of RKB's bank borrowing during the first half of 2024, the company's profit amounts to € 1.4 million in the nine-month period of 2025 and € 485 thousand in the nine-month period of 2024 making a significant increase of 195.5%.
Summary of consolidated financials | ||||||
€ thous. | 01.07- 30.09.2025 | 01.07- 30.09.2024 | Variation | 01.01- 30.09.2025 | 01.01- 30.09.2024 | Variation |
Total income from investment properties | 3,097 | 2,385 | 29.9% | 8,328 | 7,256 | 14.8% |
EBITDA | 718 | 358 | 100.6% | 1,646 | 1,028 | 60.1% |
Profit after tax | 3,132 | 31 | 3,072 | 5,183 | - | |
Key consolidated figures of financial position | ||
€ thous. | 30.09.2025 | 31.12.2024 |
Total assets | 227,819 | 218,908 |
Total liabilities | 96,238 | 90,422 |
Total Equity | 131,581 | 128,486 |
Book value per share | 4.19 | 4.09 |
RKB - Summary of key financials | ||||||
€ thous. | 01.07- 30.09.2025 | 01.07- 30.09.2024 | Variation | 01.01- 30.09.2025 | 01.01- 30.09.2024 | Variation |
Total income from investment properties | 3,047 | 2,337 | 30.4% | 8,178 | 7,125 | 14.8% |
EBITDA | 1,308 | 960 | 36.3% | 3,476 | 2,877 | 20.8% |
Profit after tax | 3,248 | 347 | - | 4,066 | 6,386 | - |
Note: The above mentioned financial figures are unaudited.
