Tessin Nordic
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Tessin Nordic (TESSIN) investor relations material

Tessin Nordic Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary6 Aug, 2026

Executive summary

  • Revenue for Q2 2026 increased to 4.1 MSEK from 3.7 MSEK year-over-year, but costs still exceed income.

  • Net loss for Q2 2026 was -11.1 MSEK, an improvement from -14.7 MSEK in Q2 2025.

  • For H1 2026, revenue was 5.1 MSEK, down from 7.9 MSEK year-over-year, with a net loss of -23.0 MSEK versus -26.9 MSEK.

  • Cost control and collection of overdue receivables remain priorities amid a cautious real estate financing market.

  • Largest capital mediation of the year (approx. 100 MSEK) completed in June 2026.

Financial highlights

  • Q2 2026 EBITDA: -4.6 MSEK (improved from -8.1 MSEK in Q2 2025).

  • Q2 2026 EBIT: -5.3 MSEK (improved from -9.2 MSEK in Q2 2025).

  • H1 2026 EBITDA: -12.2 MSEK (vs. -15.4 MSEK H1 2025); EBIT: -13.7 MSEK (vs. -17.5 MSEK).

  • Cash flow from operations H1 2026: -23.1 MSEK (vs. -24.7 MSEK H1 2025).

  • Cash and cash equivalents at June 30, 2026: 9.9 MSEK (vs. 28.0 MSEK prior year).

Outlook and guidance

  • Management continues to focus on cost reduction and sourcing new capital for real estate projects.

  • Strategic review and financing plan underway; continued operations depend on further financing.

  • Market remains cautious, with high capital costs and selective project developer engagement.

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Frequently asked questions

Tessin Nordic AB owns and operates a crowd funding platform for real estate investments. Their goal is to bring together investors, developers and other parties that are interested in investing in real estate. The company's platform provides an easy way for investors to find projects for direct investments and for developers to raise capital for their projects. Tessin Nordic AB owns and operates the portal, enabling investors to commit capital to an attractive investment opportunity without taking on any of the risk.