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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.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.
- Revenue dropped 77% and net loss was -11.9 MSEK as focus shifted to scalable products.TESSIN
Q1 2026 - Net revenue dropped 40% and net loss deepened, with urgent need for new financing.TESSIN
Q4 2025 - Sharp revenue drop and losses amid weak market; cost cuts and restructuring underway.TESSIN
Q3 2025 - Revenue and profitability declined significantly, with cost savings and restructuring underway.TESSIN
Q2 2025 - Revenue fell 49% in Q3, but major institutional capital was secured for future growth.TESSIN
Q3 2024 - Revenue fell 45% in H1, but new capital and cost cuts target future profitability.TESSIN
Q2 2024 - Sharp revenue decline and ongoing losses highlight urgent need for new funding.TESSIN
Q4 2024 - Revenue down, losses up, but loan volumes rose; focus shifts to efficiency and capital access.TESSIN
Q1 2025
Next Tessin Nordic earnings date
Next Tessin Nordic earnings date
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