Sunborn London Oyj: HALF YEAR REPORT FOR JULY - DECEMBER 2025
27.2.2026 22:29:03 EET | Sunborn London Oyj | Half Year financial report
This is a summary of the 1 Jul - 31 Dec 2025 half year financial report. The complete report is attached to this release and is also available at www.sbih.group/bond-investors
| EUR thousand | 1 Jul - 31 Dec 2025 | 1 Jul - 31 Dec 2024 | 1 Jan - 31 Dec 2025 | 1 Jan - 31 Dec 2024 |
|
Rental income |
1 794 |
1 747 |
3 555 | 3 471 |
|
EBITDA |
1 648 |
1 567 |
3 290 |
3 183 |
|
Operating profit |
1 553 |
813 |
2 441 | 1 675 |
|
Investment property (Yacht hotel) |
29 668 | 30 517 | ||
|
Total Equity |
24 043 | 24 570 | ||
|
Borrowings |
23 122 | 23 820 |
Financial summary 1 July – 31 December 2025
Rental Income for the reporting period was 1.794 MEUR (1.747 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 2025 approximates the fair value of the yacht hotel based on income approach using discounted cash flow analyses. The fair value of the Yacht hotel is 49.9 MEUR based on the latest valuation report dated March 3rd, 2025.
Notable events during and after the end of the reporting period
In January 2026, bondholders approved an extension of the Company’s senior secured bond maturity to 5 February 2027, strengthening near-term financial flexibility.
Estimated future development
Management believes the property will continue successful operations and Sunborn London Oyj’s financial performance and debt service capacity to remain stable.
Short-term risks and uncertainties
Sunborn London’s financial risks related to business are market risk (including interest rate risk and foreign currency risk), credit risk, liquidity risk and refinancing risk.
Sunborn London Oyj
Board of Directors
For additional information, please contact:
Hans Niemi, CEO, tel. +358 2 44 54 513, hans.niemi@sunborn.com
Distribution:
Nasdaq
www.sbih.group/bond-investors
Disclosure regulation
The information contained in this release shall not constitute an offer to sell or the solicitation of an offer to buy securities of Sunborn London Oyj in any jurisdiction.
About Sunborn London Oyj
Sunborn London is part of Sunborn International Group, based in Finland. Sunborn International is a pioneer in innovative floating accommodation concepts. With over decades of experience, Sunborn designs, develops, and operates unique floating hotels and yachts around the world, including destinations in London and Gibraltar. The company combines sustainability and modern quality, offering unforgettable experiences by the water. Sunborn is headquartered in Finland and is a leading player in its field in the international market.
Alternative languages
Attachments
Subscribe to our company announcements
Keep up to date with our company announcements by subscribing.
Visit our pressroom and see more company announcements from us.
Our pressroom