Santumas Shareholdings plc - Full-Year Results
On 29 August 2025, Santumas Shareholdings plc published its Annual Report and Financial Statements for the financial year ended 30 April 2025.
Investment income almost doubled to €0.75 million (FY2023/24: €0.42 million) driven by the higher income from property contractual rights as well as the higher dividend income.
The financial performance also was positively impacted by fair value gains of financial assets totalling €0.78 million compared to €0.74 million in the previous financial year. Furthermore, the company also recognised gains in fair value of investment properties of €0.23 million, which however was slightly lower than the fair value gains of €0.31 million recognised the 2023/24 financial year.
On the expenditure side, administrative expenses decreased by 3.5% to €0.16 million.
Overall, profit before tax surged by 23.3% to €1.59 million compared to €1.29 million in the previous financial year. After accounting for a tax charge of €0.21 million, Santumas Shareholdings posted a net profit of €1.38 million (FY2023/24: €1.12 million).
The Statement of Financial Position as at 30 April 2025 shows that total assets increased by 10.5% (or €1.44 million) to €15.1 million largely reflecting the increase in the value of financial assets and investment properties. Total liabilities increased minimally to €0.95 million. Total equity increased by 11.0% (or €1.40 million) to €14.2 million, which translates into a net asset value per share of €1.938 (30 April 2024: €1.746).
Annual General Meeting
Santumas Shareholdings plc will be holding the Annual General Meeting on Friday 31 October 2025.
Outlook
In their commentary, the Directors explained that the company remains dependent on the performance of the local economy. In this context, Board believes that the positive economic growth over the past year allows for a degree of cautious optimism for the months ahead. The Directors noted that the company remains well capitalised with healthy cash holdings and no material debt.