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Kinda Brave (BRAVE) investor relations material
Kinda Brave Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Focused on development of flagship game HELA, driving both costs and strategic direction.
HELA gained significant international exposure at major industry events, boosting visibility and wishlist numbers.
Over 55 million organic views and 407,340 wishlists for HELA indicate strong market anticipation.
Launch on Nintendo Switch 2 and selection for Nintendo Direct position HELA as a highly anticipated 2026 release.
Financial highlights
Q2 2025 net revenue was 221 TSEK, down from 422 TSEK in Q2 2024; H1 2025 net revenue was 269 TSEK, down from 1,276 TSEK year-over-year.
Q2 2025 net loss was -4,826 TSEK, compared to -3,741 TSEK in Q2 2024; H1 2025 net loss was -10,216 TSEK, versus -7,494 TSEK year-over-year.
Operating expenses reduced by 4.7 MSEK for H1 2025 due to cost-saving measures, with annual savings of about 10 MSEK.
Cash at period end was 0.3 MSEK, with access to a 10 MSEK credit facility and additional publisher funding.
Equity at period end was 15,971 TSEK, down from 29,483 TSEK a year earlier.
Outlook and guidance
Continued focus on HELA development and organic marketing to build anticipation ahead of 2026 launch.
Ongoing cost control and capital structure optimization to support long-term value creation.
Active efforts to strengthen liquidity ahead of major game launch.
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