Unaudited financial report for the first quarter of 2025

Core Viewpoint - AS Trigon Property Development focuses on real estate development, with a specific project in Pärnu, Estonia aimed at creating a commercial, industrial, and logistics park to enhance the value of its land plots [1]. Financial Performance - In Q1 2025, AS Trigon Property Development reported a net loss of 21,409 euros, with earnings per share at 0.00476 EUR [3]. - The total assets as of March 31, 2025, were 1,875,897 euros, while total equity was 1,833,366 euros, representing 95.178% of the total balance sheet [3]. - The company experienced an increase in administrative and general expenses, which rose to -24,855 euros in Q1 2025 from -9,303 euros in Q1 2024 [3]. Asset and Liability Overview - As of March 31, 2025, the cash and cash equivalents stood at 338,369 euros, a decrease from 370,856 euros at the end of 2024 [3]. - Inventories increased to 1,526,664 euros from 1,471,238 euros during the same period [3]. - Total current liabilities were reported at 92,886 euros, significantly higher than 18,906 euros at the end of 2024 [3]. Sales Activity - In Q3 2024, a 0.09-hectare transportation land was sold for 31,920 euros (excluding VAT) [2]. - In Q4 2024, a 0.70-hectare property was sold for 300,000 euros (excluding VAT) [2].