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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.
SHT Smart High-Tech
SHT Smart High-Tech (SHT) investor relations material
SHT Smart High-Tech Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary21 Aug, 2026
Executive summary
Transitioned from technical qualification to commercialization, focusing on customer qualification, production scaling, and organizational strengthening.
Achieved conditional approval from a major AI hardware customer, enabling first commercial orders and laying the foundation for future volume growth.
Entered a strategic partnership with BTR New Material Group to secure supply chain and accelerate industrialization.
Launched GT50R®, a new graphene-based thermal interface material, expanding the product portfolio.
Strengthened management with key hires, including a new CFO and Deputy CEO.
Financial highlights
Net sales for Q2 2026: 762 TSEK (down from 1,678 TSEK YoY); H1 2026: 1,548 TSEK (down from 4,157 TSEK YoY).
Operating loss for Q2 2026: -26,780 TSEK (vs. -20,003 TSEK YoY); H1 2026: -52,767 TSEK (vs. -32,838 TSEK YoY).
Net loss for Q2 2026: -28,032 TSEK; H1 2026: -54,675 TSEK.
Cash flow from operations for H1 2026: -44,069 TSEK; positive total cash flow due to a 62,380 TSEK share issue.
Cash and cash equivalents at period end: 53,576 TSEK (vs. 32,916 TSEK YoY).
Outlook and guidance
Accelerating industrialization with a target of at least one million pads/month production capacity as the first milestone.
Anticipates strong market growth driven by AI, datacenters, and electrification, with demand for advanced thermal materials expected to reach millions of units per month.
Focus remains on completing customer qualifications, increasing production capacity, and converting technological leadership into recurring commercial business.
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Latest events from SHT Smart High-Tech
- Losses widened in Q1 2026 amid scaling efforts, but major orders and new financing boost outlook.SHT
Q1 2026 - Net sales fell 9% and losses widened as investments rose, but strategic partnerships advanced.SHTQ4 2025
- Revenue fell 30% and losses deepened as focus shifted to scaling and strategic partnerships.SHTQ3 2025
- H1 2025 saw strong revenue growth and major investments, but losses widened amid expansion.SHTQ2 2025
- Sales surged and liquidity strengthened, but losses deepened amid production scale-up.SHTQ3 2024
- Q2 revenue up 466% and 90 MSEK raised, fueling growth and global expansion.SHTQ2 2024
- Net sales up 182% year-over-year; cash bolstered by share issue amid ongoing expansion.SHTQ1 2025
- Strong revenue growth and new partnerships position SHT Smart High-Tech for expansion.SHTQ4 2024
Next SHT Smart High-Tech earnings date
Q3 202620 Nov, 2026
SHT Smart High-Tech
Next SHT Smart High-Tech earnings date
Q3 202620 Nov, 2026
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Frequently asked questions
SHT Smart High-Tech AB is a Sweden-based company specializing in advanced material solutions for thermal management. The company develops and manufactures graphene-enhanced materials designed to dissipate heat effectively in electronic devices, batteries, and other high-performance applications. SHT's products are utilized in industries such as automotive, telecommunications, and consumer electronics. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the Spotlight Stock Market.