STO:STUDBO Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	478.45	448.17	373.33	289.15	208.88
Other Revenue	-	-	-	0	-
Total Revenue	478.45	448.17	373.33	289.16	208.88
Revenue Growth (YoY	6.76%	20.05%	29.11%	38.43%	41.13%
Property Expenses	180.66	168.22	139.2	124.51	102.92
Selling, General & Administrative	24.51	29.21	28.8	28.36	28.39
Other Operating Expenses	-6.54	-8.25	-16.27	-4.95	-6.95
Total Operating Expenses	198.63	189.18	151.73	147.93	124.36
Operating Income	279.82	258.99	221.6	141.23	84.52
Interest Expense	-236.07	-225.19	-182.86	-80.36	-59.38
Interest & Investment Income	5.03	3.79	2.54	0.22	0.4
Currency Exchange Gain (Loss)	-0.38	-0.4	0.03	6.17	-0
Other Non-Operating Income	-5.46	1.94	11.87	-8.99	-4.83
EBT Excluding Unusual Items	42.94	39.13	53.18	58.26	20.71
Merger & Restructuring Charges	-	-	-	-3.12	-25.8
Total Insurance Settlements	-	-	-	-	18.5
Asset Writedown	218.25	61.69	-539.15	71.11	203.34
Other Unusual Items	-	-15.31	-9.09	-	-
Pretax Income	261.19	85.51	-495.05	126.25	216.75
Income Tax Expense	46.79	65.44	-143.82	50.52	102.53
Net Income	214.4	20.07	-351.24	75.74	114.22
Net Income to Common	214.4	20.07	-351.24	75.74	114.22
Net Income Growth	968.26%	-	-	-33.69%	25.93%
Basic Shares Outstanding	658	578	276	205	181
Diluted Shares Outstanding	658	578	276	205	190
Shares Change (YoY)	13.85%	109.66%	34.25%	7.90%	101.11%
EPS (Basic)	0.33	0.03	-1.27	0.37	0.63
EPS (Diluted)	0.33	0.03	-1.27	0.37	0.60
EPS Growth	838.33%	-	-	-38.55%	-37.38%
Operating Margin	58.48%	57.79%	59.36%	48.84%	40.46%
Profit Margin	44.81%	4.48%	-94.08%	26.19%	54.68%
EBITDA	281.68	260.85	223.54	142.85	84.65
EBITDA Margin	58.87%	58.20%	59.88%	49.40%	40.53%
D&A For Ebitda	1.86	1.86	1.94	1.63	0.13
EBIT	279.82	258.99	221.6	141.23	84.52
EBIT Margin	58.48%	57.79%	59.36%	48.84%	40.46%
Effective Tax Rate	17.91%	76.53%	-	40.01%	47.30%
Revenue as Reported	484.99	456.43	389.6	294.1	234.33

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.