M.O.B.A. Network (MOBA) investor relations material

Executive summary

• Q2 2026 marked the first full quarter post-divestment of the Video Sales segment, focusing solely on in-game apps and web platforms.

• Revenue and EBITDA declined year-over-year due to the divestment and ongoing market headwinds, but cost reduction programs and strategic refocusing are showing early positive effects.

• The company is transitioning to a higher-margin, product-focused model, leveraging AI for operational efficiency and product innovation.

Financial highlights

• Q2 2026 revenue was SEK 15.8 million, down 76% year-over-year; adjusted revenue (excluding divested segments) fell 24% to SEK 15.8 million.

• Q2 2026 EBITDA was SEK 6.4 million (margin 40%), down 43%; adjusted EBITDA was SEK 6.5 million (margin 41%), down 31%.

• EBIT for Q2 2026 was SEK 559 thousand, down 89% year-over-year.

• Profit before tax for Q2 2026 was SEK -1.5 million; earnings per share SEK -0.1.

• Net debt reduced 40% year-over-year to SEK 126.5 million; equity/assets ratio improved to 53%.

Outlook and guidance

• Strategic focus is on deepening engagement and monetization in core gaming ecosystems, expanding subscription revenue, and leveraging AI for faster, more efficient product launches.

• The company expects continued improvement in web business and app monetization, with cost structure now aligned to current revenue base.