Castellum AB (OTCPK:CWQXY)
$ 19.2 0 (0%) Market Cap: 4.73 Bil Enterprise Value: 10.62 Bil PE Ratio: 0 PB Ratio: 0.82 GF Score: 79/100
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Q1 2023 Castellum AB Earnings Call Transcript

Apr 26, 2023 / 07:00AM GMT
Release Date Price: $24
Joacim Sjoberg;publ;CEO;President
Castellum AB

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Good morning, everyone. This is Joacim Sjoberg, CEO of Castellum. I'm glad to have so many of you participating here in this Q1 report. This has been somewhat of a slow quarter, and we see increased income, thanks to our indexed agreements. Our tenants show good ability to pay, and we have small losses during the quarter.

We have increased cost of approximately SEK 140 million, of which 70% are directly linked to secured electricity prices this quarter, and those secured prices will decrease in Q2. We have also some slight increases in property taxes during the quarter. The net operating income (technical difficulty) and we are writing down the values by approximately 3.9% due to the increased yield requirements.

So Castellum in brief. You all know pretty much everything there is to know about Castellum, but we are one of the largest listed [commercial] property companies in the Nordics. We are present in growth cities in Sweden and in the very dynamic regions of Copenhagen and

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