Assets

The company's long-term assets, primarily consisting of its property portfolio, are expected to remain a significant contributor to its overall value, with ongoing efforts to modernize and optimize its assets through initiatives such as the VTT-talo renovation. The company's short-term assets, including cash and cash equivalents, are likely to remain relatively stable, with a focus on managing liquidity and ensuring sufficient funding for ongoing operations. Meanwhile, the company's total assets and investments are expected to be influenced by its strategic decision to divest non-core assets and focus on high-growth opportunities, with a potential shift towards more liquid and diversified investments.

Account Receivables

The realised value of Accounts receivable in Q2 2026 is 2.4 million Euros, and the predicted value for Q2 2027 (e) is 2.3 million Euros. The expected change in one year is a decrease of 0.1 million Euros, which is a 4.17% decrease. The Accounts receivable is expected to decrease by 0.4 million Euros from 2025 to 2026, which is a 14.8% decrease. From 2026 to 2027, it is expected to remain stable at 2.3 million Euros, showing no change. The year-end values for Accounts receivable are 2.7 million Euros in 2025, 2.3 million Euros in 2026, and 2.3 million Euros in 2027.

The realised value for Q2 2026 is 2.0 million Euros, and the predicted value for Q2 2027 (e) is 2.5 million Euros. The expected change in one year is 0.5 million Euros, which represents a 25% increase. The cash value is expected to decrease by 2.3 million Euros from 2025 to 2026, which is a 47% drop. From 2026 to 2027, the cash value is predicted to remain the same, at 2.6 million Euros. The year-end values for Cash are 4.9 million Euros in 2025, 2.6 million Euros in 2026, and 2.6 million Euros in 2027.

Shareholders Equity

The company's Shareholders' Equity is a key component of its financial health, and its current level is a result of a deliberate strategy to maintain a balance between debt and equity financing. The company's focus on increasing its equity base through retained earnings and share capital injections has helped to reduce its reliance on external funding, thereby enhancing its financial flexibility and stability. However, the company's equity structure is also influenced by its business model, which involves significant investments in property and development projects, requiring a corresponding increase in equity to support these activities.

The equity value for Q2 2026 is 17.5 million Euros, and the predicted equity value for Q2 2027 (e) is 18.4 million Euros. The expected change in equity value from Q2 2026 to Q2 2027 (e) is 0.9 million Euros, which represents a 5.1% increase. The equity is expected to decrease by 2.1 million Euros from 2025 to 2026, which is a 10.4% decrease. From 2026 to 2027, the equity is expected to increase by 1.2 million Euros, which is a 6.5% increase. The year-end values for Equity are 20.4 million Euros in 2025, 18.3 million Euros in 2026, and 19.5 million Euros in 2027.

*Future dividents are not included in prediction

Debt

The company's long-term debt has been effectively managed, with a strategic focus on reducing leverage and increasing equity ratios. However, the recent sale of Investors House Rahastot Oy and the associated cash injection has temporarily alleviated concerns over short-term debt, but the company's ability to manage its debt profile remains a key area of focus. The gearing ratio, while currently elevated, is expected to normalize as the company continues to execute its strategy of increasing equity ratios and reducing debt levels.

Account Payables

The realised value of Accounts payables in Q2 2026 is 2.9 million Euros, while the predicted value for Q2 2027 (e) is 3.4 million Euros. The expected change in one year is an increase of 0.5 million Euros, which represents a 17.2% increase. The Accounts payables for Investors House are expected to increase by 0.3 million Euros from 2025 to 2026, which is a 6.8% change. From 2026 to 2027, the Accounts payables are predicted to decrease by 0.7 million Euros, representing a 14.9% change. The year-end values for Accounts payables are 4.4 million Euros in 2025, 4.7 million Euros in 2026, and 4.0 million Euros in 2027.

Net Debt

The Net Debt for Q2 2026 is 12.6 million Euros, and the predicted Net Debt for Q2 2027 (e) is 12.2 million Euros. The expected change in Net Debt from Q2 2026 to Q2 2027 (e) is a decrease of 0.4 million Euros, which is a 3.2% reduction. The Net Debt is expected to increase by 2.4 million Euros from 2025 to 2026, which is a 25% increase. From 2026 to 2027, the Net Debt is expected to remain the same, resulting in no change. The year-end Net Debt values for the respective years are 9.6 million Euros, 12.0 million Euros, and 12.0 million Euros.