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Kojamo Oyj
OMXH:KOJAMO

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Kojamo Oyj
OMXH:KOJAMO
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Price: 9.5 EUR 0.8% Market Closed
Market Cap: 2.3B EUR

Kojamo Oyj
Investor Relations

Kojamo Oyj, a Finnish real estate frontrunner, has carved a distinctive niche in the rental housing market with a focus on providing high-quality, urban living solutions. With its roots tracing back to Helsinki in 1969, the company has steadily evolved to become a significant player in the property sector, marked by its innovative approach and commitment to sustainability. Kojamo primarily operates under its well-recognized brand, Lumo, offering a wide array of rental apartments primarily in Finland’s rapidly urbanizing cities. By focusing on urban centers where demand is robust, Kojamo capitalizes on the trend of urbanization and the increasing preference for rental living, especially among young professionals and those seeking flexible housing options.

The company’s business model is built on a strategic cycle of property acquisition, development, and leasing. Kojamo invests heavily in developing new residential properties and renovating existing ones to align with modern standards and environmental sustainability. Their revenue streams are primarily generated through rental income, underpinned by a portfolio characterized by high occupancy rates and competitive rental pricing. By leveraging cutting-edge technology and customer-centric services, Kojamo enhances the tenant experience, which promotes longer lease periods and lower vacancy rates. This focus on quality and efficiency not only bolsters Kojamo's financial performance but also reinforces its position as an industry leader in creating thriving living environments in urban Finland.

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Earnings Calls

2024 Q3
Nov 19, 2024
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Kingsoft Reports Strong Revenue Growth and Expands AI Features
2024 Q3
Nov 19, 2024

In Q3 2024, Kingsoft achieved impressive revenue of RMB 2.915 billion, up 42% year-on-year and 18% quarter-on-quarter, fueled by its gaming segment, which rose 78%. Operating profit surged by 204% to RMB 1.14 billion. The launch of WPS AI 2.0 contributed to a 17.2% increase in office software subscriptions, reaching RMB 750 million in revenue. Looking ahead, Kingsoft expects a 30% annual growth rate for its gaming business, alongside a focus on enhancing its AI capabilities across products. The company maintains a robust cash position of RMB 25 billion.

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Management

Mr. Erik Hjelt EMBA, LL.Lic.
Interim CEO & CFO
No Bio Available
Mr. Ville Raitio EMBA, M.Sc.
Executive Vice President of Investments & Portfolio Management
No Bio Available
Tuomas Kaulio
Chief Technology Officer
No Bio Available
Ms. Niina Saarto
Director of Group Treasury & Investor Relations
No Bio Available
Markus Kouhi
General Counsel
No Bio Available
Marika Koskinen
Communications Manager
No Bio Available
Laura Koiranen
Sales Director
No Bio Available
Hanna Härkönen
Head of Marketing & Communications
No Bio Available
Mr. Janne Ojalehto M.B.A.
Executive Vice President of Housing
No Bio Available
Susanna Virtakangas
Head of Lumo Service Centre
No Bio Available

Contacts

Address
ETELA-SUOMEN
Helsinki
Mannerheimintie 168a, PL 40
Contacts
+358205083300.0
kojamo.fi