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MindArk
MindArk (MNDRK) investor relations material
MindArk Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary19 May, 2026
Executive summary
Net revenue for Q1 2026 was 16 MSEK, down 3% year-over-year due to currency effects, despite increased user activity and deposits in Entropia Universe.
Operating loss widened to -5.6 MSEK from -4.9 MSEK year-over-year, with loss before tax at -6.5 MSEK versus -2.6 MSEK.
Technical progress included modernization of core systems, new user features, and continued AI-driven development.
No significant events occurred during the quarter; after Q1, the Board proposed delisting from Spotlight Stock Market.
Financial highlights
Net revenue: 16 MSEK (16.6 MSEK Q1 2025), a 3% decrease.
Operating profit: -5.6 MSEK (-4.9 MSEK Q1 2025).
Profit before tax: -6.5 MSEK (-2.6 MSEK Q1 2025).
Earnings per share: -0.19 SEK (-0.08 SEK Q1 2025).
Cash and cash equivalents: 20.3 MSEK at quarter end.
Outlook and guidance
Underlying user activity and deposits increased, indicating positive operational momentum.
Technical and operational positioning seen as stronger than a year ago, with continued investment in AI and infrastructure.
Currency effects expected to continue impacting SEK-reported revenues.
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Latest events from MindArk
- AI transformation drove operational change, but revenue and profit declined amid lower user activity.MNDRK
Q4 202527 Feb 2026 - Q3 2025 revenue rose 2.6% to 19.9 MSEK, with strong liquidity but negative operating profit.MNDRKQ3 202528 Nov 2025
- Q2 2025 saw sequential recovery in revenue and profit, with major launches and AI-driven innovation.MNDRKQ2 202528 Aug 2025
- Revenue declined and operating profit turned negative, but MindArk remains well-capitalized.MNDRKQ3 202413 Jun 2025
- Profitability returned in Q2 2024 as sales rose and costs fell, with AI and tech upgrades advancing.MNDRKQ2 202413 Jun 2025
- Revenue and user activity declined, but AI investments and new content support future growth.MNDRKQ1 20256 Jun 2025
- Revenue and profit fell sharply in Q4, but liquidity remains strong and outlook is positive.MNDRKQ4 20245 Jun 2025
Next MindArk earnings date
Q2 202627 Aug, 2026
MindArk
Next MindArk earnings date
Q2 202627 Aug, 2026
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