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Kvix (KVIX) investor relations material
Kvix Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly net revenue of 4.4 MSEK in Q2 2026, up from 2.4 MSEK year-over-year, driven by growth in active players for Modern Command Mayhem.
Operating result declined to -0.1 MSEK from 0.5 MSEK due to increased marketing and user acquisition costs.
Focused on enhancing game content and data-driven improvements, with new recurring events boosting engagement and monetization.
No significant events occurred during or after the period.
Financial highlights
Net revenue for Q2 2026: 4.4 MSEK (2.0 MSEK increase year-over-year); H1 2026: 8.4 MSEK.
Operating result Q2: -0.1 MSEK (down 0.6 MSEK year-over-year); H1: 0.1 MSEK (down 2.4 MSEK, prior year included 2.5 MSEK one-off income).
Cash flow from operations Q2: 0.5 MSEK; cash at period end: 0.7 MSEK.
Earnings per share Q2: -0.01 SEK; H1: 0.00 SEK.
No interest-bearing debt at period end.
Outlook and guidance
Management expresses increased confidence for H2 2026, citing improved game quality, player insights, and marketing efficiency.
July showed continued positive trends in both player engagement and monetization.
Ambition remains to significantly grow the player base and revenue.
- Revenue up, profit down as user growth and marketing drive Modern Command Mayhem's expansion.KVIX
Q1 2026 - Strong revenue growth and improved profitability fueled by Modern Command Mayhem's success.KVIX
Q4 2025 - Q3 sales soared on game engagement, but higher costs led to a negative operating result.KVIX
Q3 2025 - Strong Q2 growth, first monthly net profits, and improved retention mark a turning point.KVIX
Q2 2025 - Mobile gaming drives revenue growth and strategic focus as Kvix narrows losses.KVIX
Q3 2024 - Profitability improved and growth prospects strengthened with the Blast Bit acquisition.KVIX
Q2 2024 - Record Q1 profit and debt elimination position Kvix for further mobile gaming growth.KVIX
Q1 2025 - Mobile gaming revenue surged and losses narrowed, with strong user metrics supporting 2025 growth.KVIX
Q4 2024
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