Sunborn London Oyj: HALF YEAR REPORT FOR JULY - DECEMBER 202428.2.2025 21:00:02 EET | Sunborn London Oyj | Half Year financial report
Sunborn London Oyj HALF YEAR REPORT FOR JULY - DECEMBER 2024 Sunborn London Oyj STOCK EXCHANGE RELEASE This is a summary of the July - December 2024 half year financial report. The complete report is attached to this release and is also available at www.sunborn.com/press/ EUR thousand 1 Jul - 31 Dec 2024 1 Jul - 31 Dec 2023 1 Jan - 31 Dec 2024 1 Jan - 31 Dec 2023 Rental income 1 747 1 627 3 471 3 223 EBITDA 1 567 1 481 3 183 2 930 Operating profit 813 752 1 675 1 421 Investment property (Yacht hotel) 30 517 32 026 30 517 32 026 Total equity 24 570 25 873 24 570 25 873 Bond 23 820 24 185 23 820 24 185 Financial summary 1 July – 31 December 2024 Rental Income for the reporting period was 1.747 MEUR (1.627 MEUR). Rental income in EUR was slightly affected by exchange rate fluctuations. Operating costs were in line with the budget. Book value of the yacht hotel as of 31 December 2024 approximates the fair value of the yacht hotel based on income approach using discounted cash flow analyses