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Edge14 Aug 2026
Deutsche Qualität: The Story of Birkenstock
From an 18th-century German shoemaker to a global footwear brand, how Birkenstock turned an orthopedic insole into the world's most popular sandal.
Star Vault
Star Vault (STVA) investor relations material
Star Vault Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary17 Aug, 2026
Executive summary
Net sales for H1 2026 were SEK 3,606,962, down from SEK 4,636,711 year-over-year.
Result after financial items for H1 2026 was SEK -1,214,926, compared to SEK -952,658 last year.
Q2 2026 saw the launch of the Sarducaa expansion for Mortal Online 2, including a dedicated North American server, which drove increased player activity and positive community feedback.
Significant internal investments were made in production structure, automation, and AI systems to improve development efficiency.
Financial highlights
Q2 2026 net sales were SEK 1,848,144, down from SEK 2,104,151 in Q2 2025.
Q2 2026 result after financial items was SEK -162,885, an improvement from SEK -439,492 in Q2 2025.
Cash and cash equivalents at June 30, 2026, were SEK 2,270,574, compared to SEK 3,478,099 a year earlier.
Equity at period end was SEK 13,868,883, down from SEK 14,941,730 year-over-year.
Cash flow for H1 2026 was SEK -601,840, compared to SEK -630,043 for H1 2025.
Outlook and guidance
The board expects existing cash and projected market development to cover liquidity needs for the next twelve months.
Expansion into the North American market and improved internal production capabilities are expected to support future growth.
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Latest events from Star Vault
- Revenue and profit fell, but new tech and expansion aim to boost future growth.STVA
Q1 2026 - Sales fell and losses deepened, but strategic AI and market expansion efforts advanced.STVAQ4 2025
- Profitability improved in Q3 despite lower sales, driven by AI investments and product expansion.STVAQ3 2025
- Improved results, strong equity, and major product updates set the stage for future growth.STVAQ2 2025
- Revenue doubled and losses narrowed, with strong cash flow and player growth momentum.STVAQ3 2024
- Sales and player growth accelerated, with losses reduced and cash flow turning positive.STVAQ2 2024
- Net loss halved and sales grew, with major expansion and tech launches set for summer.STVAQ1 2025
- Net sales up 60% and losses sharply reduced, with major Mortal Online 2 expansion ahead.STVAQ4 2024
Next Star Vault earnings date
Q3 202616 Nov, 2026
Star Vault
Next Star Vault earnings date
Q3 202616 Nov, 2026
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