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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Pixfam
Pixfam (PIXFAM) investor relations material
Pixfam has been delisted
Pixfam Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary31 Aug, 2026
Executive summary
Strategic focus shifted to the Pho2book app, targeting rapid path to profitability and international expansion, especially in Turkey through a partnership with Sosyopix.
Significant cost reductions implemented, including discontinuation of the Kiliaro app and CEO forgoing salary to preserve liquidity.
Acquisition of 50% of Posterton AB to create synergies and support group expansion in the photo and video sector.
Financial highlights
Net sales for Q2 2026 were SEK 22,149, down from SEK 23,184 in Q2 2025; H1 2026 net sales SEK 46,025, sharply lower than SEK 562,657 in H1 2025.
EBITDA for H1 2026 was SEK -1,519,162, compared to SEK 472,744 in H1 2025.
Net loss for Q2 2026 was SEK -3,831,010, compared to SEK -7,373,871 in Q2 2025; H1 2026 net loss SEK -6,076,911, improved from SEK -7,973,082 in H1 2025.
Cash and cash equivalents at period end were SEK 194,532, down from SEK 3,845,590 a year earlier.
Outlook and guidance
Focus on launching Pho2book in Turkey, leveraging first-mover advantage and established partner customer base.
New share issue of at least SEK 1 million underway to strengthen liquidity and fund marketing for Turkish launch.
CEO expects a turnaround within a year, aiming for stable revenue and profitability, with potential expansion to the Middle East.
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Latest events from Pixfam
- Revenue fell and losses deepened in Q1 2026, with strategic expansion via Posterton acquisition.PIXFAM
Q1 2026 - Net sales increased, but losses and negative equity remain as Pho2book launches in a growing market.PIXFAMQ4 2025
- Revenue up, losses narrowed, and focus shifts to Pho2book in a growing photobook market.PIXFAMQ3 2025
- Strategic pivot to photobooks and Turkish market, with improved cash but deepening losses.PIXFAMQ2 2025
- Q3 revenue up 18% year-over-year; Sosyopix posts 24% growth; 14.3 MSEK rights issue announced.PIXFAMQ3 2024
- EBITDA neared break-even as revenue surged, led by Sosyopix's strong performance.PIXFAMQ2 2024
- Kiliaro pivots to photobooks after Sosyopix sale, targeting growth in Turkey and the Middle East.PIXFAMQ1 2025
- Kiliaro Group achieved robust revenue growth and expanded partnerships, despite ongoing losses.PIXFAMQ4 2024
Pixfam
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Frequently asked questions
Kiliaro provides a social cloud storage platform that enables users to securely store, share, and interact with photos and videos. It focuses on privacy, user collaboration, and direct media sharing features. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Nasdaq First North Growth Market.