Jumpgate (GATE) investor relations material

Executive summary

• Net turnover increased by 37% year-over-year in Q2 2026, driven by the launch of Star Trek: Voyager – Across the Unknown and Tivola's mobile project.

• EBIT improved slightly compared to the previous year, with Tivola's performance offsetting weaker results from gameXcite and Funatics.

• Net loss for Q2 2026 was SEK 3.3 million, with H1 2026 net loss at -5,007 TSEK, both showing significant improvement year-over-year.

• Cash flow turned positive, improving by 4.2 MSEK year-over-year, reflecting stronger working capital management and debt reduction.

• The publisher's investment in Star Trek: Voyager has been recouped, positioning for higher future revenue shares.

Financial highlights

• Net turnover in Q2 2026 reached 15.4 MSEK, up from 11.3 MSEK in Q2 2025.

• EBIT for H1 2026 was -993 TSEK, a marked improvement from -7,003 TSEK year-over-year; Q2 EBIT was -1,350 TSEK.

• Net loss per share for H1 2026 was -0.262 SEK, compared to -0.836 SEK year-over-year.

• Cash and cash equivalents at period end were 8,058 TSEK, up from 4,001 TSEK year-over-year.

• Equity capital as of June 30, 2026, was 55,509 TSEK, with an equity/asset ratio of 55.24%.

Outlook and guidance

• Focus remains on developing Star Trek: Voyager as a long-term revenue source, with additional DLCs and expansion pass planned.

• Revenue share for gameXcite will more than double after publisher recoupment milestone.

• Tivola's new mobile horse game, co-financed by Trophy Games and German public funding, is scheduled for launch in 2027.

• The company aims to grow by stacking fully funded projects and expanding the externally financed project pipeline.

• Team costs expected to decrease after major updates are completed.