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Spiffbet (SPIFF) investor relations material
Spiffbet Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net sales for Q2 2025 dropped to 0 KSEK from 104 KSEK year-over-year; H1 net sales also at 0 KSEK, down from 204 KSEK.
Result after financial items for Q2 was -3,076 KSEK, compared to -1,622 KSEK last year; H1 result at -5,000 KSEK, down from -3,171 KSEK.
No ongoing business operations after the terminated Tyrill acquisition; company evaluating new acquisition alternatives.
Financial highlights
Operating cash flow for Q2 was -6,118 KSEK, compared to -1,459 KSEK last year; H1 operating cash flow at -5,827 KSEK, down from -2,846 KSEK.
Equity at period end was -26,495 KSEK, down from 111,583 KSEK year-over-year.
Cash and cash equivalents at period end were 459 KSEK, compared to 468 KSEK last year.
Result before tax for Q2 was -34,934 KSEK, compared to -9,391 KSEK last year.
Outlook and guidance
Company has signed a letter of intent to acquire Byhmgard AB via a reverse acquisition, subject to due diligence and approvals.
Additional capital measures, including a planned rights issue and a directed set-off issue, are being prepared to address equity and going concern.
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