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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.
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Q2 2025 earnings summary15 Aug, 2025

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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Frequently asked questions

Kinda Brave Entertainment Group is a Sweden-based company operating in the video game industry. The company focuses on the development, publishing, and distribution of digital games across various platforms. It supports independent game studios by providing funding, production resources, marketing, and distribution services. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the NGM.

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