Sweden's Maha Energy swings to Q4 loss; evaluating strategic alternatives in Venezuela

Keo Capital AB

24/02/2026 06:44

Overview

Investment firm Maha Energy reported no Q4 revenue for continuing operations due to asset divestments

Company signed agreement to acquire KEO World's credit operations

Net result for Q4 showed a loss from continuing operations of TUSD 3,706

Outlook

Maha expects to complete KEO acquisition in Q1 2026

Maha evaluating strategic alternatives in Venezuela amid political changes

Result Drivers

NO REVENUE - Maha did not record any revenues for continuing operations due to divestment of previous energy assets

FINTECH TRANSITION - Maha's strategic shift towards a fintech-driven model involves acquiring KEO World's credit operations and providing bridge financing

NON-RECURRING IMPACT - Financial performance impacted by non-recurring items related to asset disposals and transaction costs

Company press release: ID:nMFN98pLw0

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
-$3.71 mln
Q4 Basic EPS
-$0.02
Q4 EBITDA
-$4.91 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy."

Wall Street's median 12-month price target for Maha Capital AB is SEK10.00, about 8.3% below its February 23 closing price of SEK10.90

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)