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Movinn (MOVINN) investor relations material
Movinn Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue declined 2.9% year-over-year to DKK 19.8 million, mainly due to a 13% reduction in units following exits from underperforming markets, notably Odense.
EBITDA improved by 22% and EBIT by 29% compared to Q1 2025, reflecting a more profitable and concentrated portfolio.
Revenue per unit increased 11% year-over-year, highlighting improved portfolio quality.
The company remains focused on larger, stable markets, especially Copenhagen and Malmö, to drive profitability and scale.
Financial highlights
Net revenue: DKK 19.8 million (down from DKK 20.4 million in Q1 2025).
EBITDA: DKK -2.0 million (improved from DKK -2.6 million in Q1 2025).
EBIT: DKK -2.7 million (improved from DKK -3.8 million in Q1 2025).
Net loss: DKK -3.0 million (improved from DKK -4.1 million in Q1 2025).
Cash flow from operating activities: DKK -2.2 million (down from DKK -1.2 million in Q1 2025).
Equity: DKK 5.5 million (down from DKK 11.8 million in Q1 2025).
Outlook and guidance
Full-year 2026 guidance maintained: net revenue DKK 86–89 million, EBITDA DKK 1–4 million, EBIT DKK -1.5 to 1.5 million.
Focus remains on margin improvement, portfolio optimization, and preparing for the opening of a new aparthotel in Copenhagen in mid-2027.
- Revenue up slightly, but earnings and guidance down amid weak secondary market performance.MOVINN
Q2 202523 Apr 2026 - Revenue up 7% and profitability improved, with focus on core markets and efficiency.MOVINN
Q3 202523 Apr 2026 - Revenue grew 3.1% but losses deepened as focus shifted to core markets and cost control.MOVINN
Q4 202527 Mar 2026 - 7% revenue growth and EBITDA margin up to 5.7%, with Sweden now profitable.MOVINN
Q2 202422 Jan 2026 - Q3 2024 saw 13% revenue growth, surging EBITDA, and a successful Swedish aparthotel launch.MOVINN
Q3 202415 Jan 2026 - Revenue up 7.2%, losses narrowed, and new hotel/tech launches drive future focus.MOVINN
Q4 20249 Jun 2025 - Revenue declined and losses widened in Q1, but Q2 demand is rebounding.MOVINN
Q1 20256 Jun 2025
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