Unaudited financial report for the fourth quarter and 12 months of 2025
Globenewswire·2026-02-20 14:23

Core Viewpoint - AS Trigon Property Development focuses on real estate development, with a significant project planned in Pärnu, Estonia, aimed at attracting businesses to enhance land value [1] Financial Performance - The net loss for 2025 was -99,507 euros, with earnings per share at -0.02212 EUR [3] - Revenue for 2025 was 0 euros, compared to 331,920 euros in 2024, indicating a significant decline [5] - Administrative and general expenses increased to -108,021 euros in 2025 from -63,650 euros in 2024 [5] Assets and Liabilities - As of 31 December 2025, total assets were 1,804,656 euros, down from 1,873,680 euros in 2024 [4] - Total equity was 1,755,267 euros, representing 97.24% of the total balance sheet [3] - Current liabilities increased to 45,441 euros in 2025 from 18,906 euros in 2024 [4] Inventory and Sales - The company recognized investment property as inventories, with total inventories at 1,562,500 euros as of 31 December 2025 [4] - In Q3 2024, a 0.09-hectare land was sold for 31,920 euros, and in Q4 2024, a 0.70-hectare property was sold for 300,000 euros [2]