Fram Skandinavien AB (publ) publishes monthly NAV report, February 2025 - NAV at 30 SEK per share
Significant events during the month
Carmudi achieved a monthly EBITDA of ca. 1 kUSD, resulting in the fifth consecutive month of positive EBITDA. Meanwhile, GMV continues to decrease y-o-y, aligning with its strategy to prioritize profitability over top-line growth.
EveHR signed the new client Fresenius Kabi, but deepened its monthly EBITDA losses to ca. -9 kUSD as it went through the seasonally weakest period of the year, including the lunar new year holidays.
As previously announced, the Group increased its ownership interest in EveHR from 83% to 85%, at the valuation of 1.4 mUSD.
Hence, the m-on-m decline in February NAV is mainly attributable to the lower GMV of Carmudi.