Lärkberget (LARK) investor relations material

Executive summary

• Focus during H1 2026 was on consolidating and stabilizing after a strategic shift to a pure investment company model, emphasizing responsible management of holdings and cost control.

• NAXS remains a core portfolio holding, providing significant dividend income and influencing NAV development.

• A planned rights issue of approximately 14.9 MSEK was evaluated but ultimately canceled due to market conditions.

• A new board was elected at the AGM, initiating a review of strategic alternatives to maximize shareholder value.

Financial highlights

• Result after financial items for Jan–Jun 2026 was 1,221 TSEK, a marked improvement from -12,339 TSEK in the same period 2025, mainly due to lower costs and higher dividend and interest income.

• Net sales for the period were 252 TSEK, with total income including dividends and interest at 3,248 TSEK.

• Cash flow for the period was 518 TSEK, compared to -13,466 TSEK in H1 2025.

• Cash and cash equivalents at period end were 3,112 TSEK (60,282 TSEK at H1 2025).

Outlook and guidance

• Ongoing review of strategic alternatives to enhance shareholder value, with further updates expected in H2 2026.

• The company’s financial position and existing investments are considered sufficient to finance ongoing operations.