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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Norwegian Block Exchange
Norwegian Block Exchange (NBX) investor relations material
Norwegian Block Exchange H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary18 Sep, 2026
Executive summary
Secured MiCA CASP authorisation, expanded into regulated European digital asset services, and launched tokenised gold and silver products.
Approved as a recognised custodian by SIX Exchange Regulation and began preparations for a specialised credit institution in Latvia.
Acquired JuJu AS customer base, adding over 4,000 customers, and reinforced balance sheet via NOK 19.8 million debt-to-equity conversion.
Launched NBX Visa Flex Card with multi-currency and asset cashback features, and completed a proof of concept in active management of borrowed digital assets.
Financial highlights
Total operating income for H1 2026 was MNOK 6.05, down 45.3% from MNOK 11.08 in H1 2025.
Platform and exchange income fell 51.8% year-over-year, while institutional services (OTC and custody) grew 183.7%.
Operating expenses decreased 8.7% to MNOK 18.02, but underlying costs rose due to investment in compliance and platform development.
Operating loss (EBIT) was MNOK -11.97, net loss after tax was MNOK -16.64, both deteriorating year-over-year.
Net financial items were MNOK -9.36, mainly due to Bitcoin treasury revaluation.
Book equity increased to MNOK 99.95 from MNOK 73.38 a year earlier.
Outlook and guidance
Focus for H2 2026 is on completing USDM registration, launching the NBX Visa Flex Card, and progressing the Latvian banking licence.
New euro and Polish złoty stablecoins and payment services are planned for launch in 2027.
Management is conducting a structured cost review to set written targets for the cost base.
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Latest events from Norwegian Block Exchange
- Revenue up 17%, net loss down 38%, and stablecoin strategy drives future growth.NBX
H2 2025 - Revenue up 14% and net loss narrowed, with user growth and digital asset initiatives advancing.NBXH1 2025
- NBX targets rapid growth in digital assets, credit cards, and stablecoins, with EU expansion plans.NBXCompany Presentation
- Trading volumes and revenues tripled year-over-year, with major product and regulatory milestones.NBXH1 2024
- Record trading volumes and revenue growth offset by one-off costs and regulatory delays.NBXH2 2024
Next Norwegian Block Exchange earnings date
H2 20268 Apr, 2027
Norwegian Block Exchange
Next Norwegian Block Exchange earnings date
H2 20268 Apr, 2027
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Frequently asked questions
Norwegian Block Exchange AS (NBX) is a pioneering financial services company based in Norway, focusing on the cryptocurrency and blockchain technology sector. Originating as a spin-off from Norwegian Air Shuttle, NBX was established with the objective of integrating cryptocurrency payments into the aviation industry to minimize payment-related costs. Today, NBX has evolved into a comprehensive platform providing cryptocurrency exchange, custody, and payment services. The company is dedicated to making cryptocurrency accessible and available to a wide audience, prioritizing security, efficiency, and user-friendly services. The company is headquartered in Oslo, Norway, and its shares are listed on the Oslo Stock Exchange.