Mavshack (MAV) investor relations material

Executive summary

• Net sales for Q1 2026 dropped to SEK 0.2 million from SEK 0.74 million year-over-year, reflecting a significant decline in revenue.

• Operating profit (EBIT) improved to SEK -2.3 million from SEK -3.1 million year-over-year, mainly due to cost savings and efficiency improvements.

• The company paused all investments in Q1 due to issues with a planned loan facility, impacting growth initiatives.

• A direct share issue and public offering totaling SEK 16 million are planned to restore equity and fund future operations.

Financial highlights

• EBITDA for Q1 2026 was SEK -1 million, an improvement from SEK -1.55 million in Q1 2025.

• Net loss for the period was SEK -2.3 million, compared to a profit of SEK 83 thousand in Q1 2025.

• Earnings per share were SEK -0.002, down from SEK 0.01 year-over-year.

• Parent company net sales increased to SEK 0.6 million from SEK 0.3 million year-over-year.

• Cash and cash equivalents at period end were SEK 124 thousand.

Outlook and guidance

• Plans to re-launch successful campaigns with Etisalat in the UAE as soon as liquidity is restored.

• Focus on strengthening governance, reporting, and financial planning for sustainable growth.

• Continued investment in AI-driven content and technology partnerships to drive future opportunities.