1.07.2026

The result for 2025

Today we received the last 7 dividends for 2025. For the first time ever, we missed the forecast by 7.03% due to the Swedish krona strengthening by approximately 18% between January 1 and December 31, 2025. Which makes SEK one of the world's best performing currencies in 2025. For the first time since I created my Google Sheet in 2017, I have adjusted the exchange rate between SEK and USD for 2026 to an exchange rate that is closer to today's value.

Even though the Swedish krona has punished and continues to punish us, we have no plans whatsoever to move the money from North America to Sweden; on the contrary, we continue to invest on Nasdaq. Despite everything, I am grateful but not satisfied with our dividends for 2025.

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