Castellum Past Earnings Performance

Past criteria checks 2/6

Castellum's earnings have been declining at an average annual rate of -29.3%, while the Real Estate industry saw earnings declining at 9.6% annually. Revenues have been growing at an average rate of 7.5% per year. Castellum's return on equity is 3.5%, and it has net margins of 26.9%.

Key information

-29.29%

Earnings growth rate

-39.97%

EPS growth rate

Real Estate Industry Growth	27.71%
Revenue growth rate	7.52%
Return on equity	3.53%
Net Margin	26.91%
Next Earnings Update	22 Oct 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Castellum makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:CWQX.F Revenue, expenses and earnings (SEK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 26	9,960	2,680	245
31 Mar 26	10,614	2,235	294
31 Dec 25	9,882	938	335
30 Sep 25	9,841	3,038	318
30 Jun 25	9,934	2,651	328
31 Mar 25	9,585	2,539	312
31 Dec 24	10,270	2,357	313
30 Sep 24	10,393	-5,943	486
30 Jun 24	9,512	-7,875	495
31 Mar 24	9,855	-7,471	472
31 Dec 23	10,649	-11,592	476
30 Sep 23	10,294	-10,184	297
30 Jun 23	9,705	-9,003	297
31 Mar 23	10,796	-6,164	347
31 Dec 22	9,596	1,750	346
30 Sep 22	9,442	11,417	311
30 Jun 22	9,616	13,211	297
31 Mar 22	7,240	11,601	242
31 Dec 21	6,297	11,828	201
30 Sep 21	5,714	10,130	201
30 Jun 21	5,941	9,631	173
31 Mar 21	6,030	8,973	170
31 Dec 20	6,004	5,615	169
30 Sep 20	5,966	4,562	173
30 Jun 20	5,949	4,598	172
31 Mar 20	5,864	4,791	177
31 Dec 19	5,821	5,650	185
30 Sep 19	5,779	6,039	180
30 Jun 19	5,708	7,614	174
31 Mar 19	5,658	8,029	164
31 Dec 18	5,577	7,453	158
30 Sep 18	5,457	7,503	161
30 Jun 18	5,359	5,654	163
31 Mar 18	5,230	5,215	165
31 Dec 17	5,182	5,876	162
30 Sep 17	5,233	5,905	153
30 Jun 17	5,289	6,775	158
31 Mar 17	4,982	5,821	154
31 Dec 16	4,533	4,972	143
30 Sep 16	4,016	3,751	135
30 Jun 16	3,489	2,326	120
31 Mar 16	3,353	3,007	116
31 Dec 15	3,299	2,881	113
30 Sep 15	3,271	2,059	111

Quality Earnings: CWQX.F has a large one-off loss of SEK1.7B impacting its last 12 months of financial results to 30th June, 2026.

Growing Profit Margin: CWQX.F's current net profit margins (26.9%) are higher than last year (26.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CWQX.F's earnings have declined by 29.3% per year over the past 5 years.

Accelerating Growth: CWQX.F's earnings growth over the past year (1.1%) exceeds its 5-year average (-29.3% per year).

Earnings vs Industry: CWQX.F earnings growth over the past year (1.1%) did not outperform the Real Estate industry 9%.

Return on Equity

High ROE: CWQX.F's Return on Equity (3.5%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/10 12:02
End of Day Share Price	2026/06/15 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Castellum AB (publ) is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Paul May	Barclays
Bernd Stahli	BofA Global Research

Castellum Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Castellum AB (publ) to Report Nine Months, 2026 Results on Oct 22, 2026

Castellum AB (publ) to Report Fiscal Year 2025 Results on Feb 18, 2026

Castellum AB (publ) to Report Fiscal Year 2024 Final Results on Apr 08, 2025

Castellum AB (publ) to Report Fiscal Year 2024 Results on Feb 19, 2025

Castellum AB (publ) to Report Nine Months, 2024 Results on Oct 25, 2024

Castellum AB (publ) to Report First Half, 2024 Results on Jul 16, 2024

Recent updates

Vasaparken Fastighets AB and Centria AB signed an agreement to acquire three properties in Linköping from Castellum AB (publ) (OM:CAST).

Ioffice Business Center Ab signed an agreement to acquire United Spaces from Castellum AB (publ) (OM:CAST).

Castellum AB (publ) to Report Nine Months, 2026 Results on Oct 22, 2026

Castellum AB (Publ) Announces Board Appointments

Castellum AB (publ) Announces Board Appointments

Castellum AB (publ) to Report Fiscal Year 2025 Results on Feb 18, 2026

Joacim Sjöberg to Step Down as CEO of Castellum

Castellum AB (publ) (OM:CAST) completed the acquisition of 0.27% stake in Entra ASA (OB:ENTRA) from Fastighets AB Balder (publ) (OM:BALD B) and other shareholders for NOK 54.4 million.

Castellum AB (publ) to Report Fiscal Year 2024 Final Results on Apr 08, 2025

Castellum AB (publ) (OM:CAST) intends to make a mandatory offer to acquire the remaining 66.67% stake in Entra ASA (OB:ENTRA) from Fastighets AB Balder (publ) (OM:BALD B) and other sharholders for approximately NOK 13.4 billion.

Castellum Announces Executive Changes

Per Berggren Declines Re-Election of Chairman of the Board of Castellum AB (Publ)

Castellum AB (publ), Annual General Meeting, May 07, 2025

Castellum AB (publ) to Report Fiscal Year 2024 Results on Feb 19, 2025

Castellum AB (publ) to Report Nine Months, 2024 Results on Oct 25, 2024

An unknown buyer acquired Five Properties in Sweden from Castellum AB (publ) (OM:CAST) for SEK 900 million.

Castellum AB (Publ) Announces Nomination Committee Appointments

An unknown buyer signed an agreement to acquire Idéflödet 1 and Idémannen 1 in Linköping from Castellum AB (publ).

Castellum AB (Publ) Appoints Christoffer Strömbäck as Head of Investor Relations and Corporate Finance

Castellum AB (publ) to Report First Half, 2024 Results on Jul 16, 2024

New minor risk - Shareholder dilution

Leiv Synnes Resigns from the Board of Directors of Castellum

Castellum AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 10.18043 billion.

Axis Communications AB acquired Forskaren 2 and Stockholmsledet 8 from Castellum AB (publ) (OM:CAST).

An unknown buyer acquired a 2.5% stake in Castellum AB (publ) from Corem Property Group AB (publ) for SEK 1.3 billion.

Castellum Announces the Resignation of Rutger Arnhult as Member of Board of Directors

Castellum AB (Publ) Announces Resignation of Anna Kinberg Batra from Board of Directors

Castellum Appoints Joacim Sjöberg as Acting CEO

Castellum AB (publ) to Report First Half, 2023 Results on Jul 14, 2023

Castellum AB (publ), Annual General Meeting, Mar 23, 2023

Research Institutes of Sweden Announces Test Bed for Electromobility to Be Built at Castellum-Owned Säve

Mileway BV entered into an agreement to acquire 53 Properties in Sweden from Castellum AB (publ) (OM:CAST) for SEK 4.8 billion.

Castellum AB (Publ) Announces Board Changes

Castellum AB (publ) to Report Nine Months, 2021 Results on Oct 19, 2021

Castellum AB (publ) (OM:CAST) agreed to acquire leasehold to Sandhagen 9 Property in the Slakthusområdet Area from Humlegården Fastigheter AB (publ) for approximately SEK 300 million

Castellum AB (publ) (OM:CAST) agree to acquire Classic office property in Helsinki from Kungsporten for approximately SEK 190 million.

Intea Fastigheter AB (publ) acquired properties in the university area in Halmstad from Castellum AB (publ) (OM:CAST) for approximately SEK 710 million.

Castellum AB (Publ) Announces Changes in the Nomination Committee

Castellum AB (publ) (OM:CAST) acquired Lindström Invest Oy for approximately €140 million.

Castellum AB (publ) Announces Board Changes

Castellum AB (publ) to Report Nine Months, 2020 Results on Oct 15, 2020