AIK Fotboll (AIK) investor relations material

Executive summary

• Revenue for Q1 2026 was 34.4 MSEK, down 7.6 MSEK year-over-year, mainly due to lower player transfer and operational income as well as central agreements.

• Operating result was -33.9 MSEK, a decline from -28.8 MSEK in Q1 2025, impacted by seasonality and reduced transfer gains.

• Net result after tax was -31.1 MSEK, with EPS at -1.43 SEK, compared to -24.3 MSEK and -1.11 SEK last year.

• Cash flow improved to -2.4 MSEK from -7.1 MSEK year-over-year, supported by new loans and a 16.0 MSEK conditional shareholder contribution.

• The organization is undergoing significant changes to stabilize finances and improve sporting results.

Financial highlights

• Revenue decreased by 18% year-over-year to 34.4 MSEK, mainly due to 4.5 MSEK lower player sales and 3.1 MSEK lower operational income.

• Operating loss widened by 5.1 MSEK to -33.9 MSEK.

• Net loss after tax increased by 6.8 MSEK to -31.1 MSEK.

• Cash flow from operations improved by 10.1 MSEK, but remained negative.

• Equity as of March 31, 2026, was 23.5 MSEK, supported by a 16.0 MSEK conditional shareholder contribution.

Outlook and guidance

• Seasonality continues to impact Q1 results, with revenues expected to improve as more home matches are played.

• Record season ticket sales of 37.8 MSEK for the upcoming season indicate strong fan engagement.

• Focus remains on reducing operating costs and improving player transfer performance, especially during winter transfer windows.

• New financial targets set: revenue to exceed 350 MSEK (rolling 12 months), equity to reach at least 100 MSEK, and positive net result over 12 months.

• Ongoing efficiency program aims to further lower costs without compromising sporting development.