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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.
Trainimal
Trainimal (TRML) investor relations material
Trainimal Q1 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 26/27 earnings summary18 Sep, 2026
Executive summary
Net revenue for Q1 2026/2027 was 2,663 TSEK, nearly unchanged from Q1 2025/2026, despite a 4% increase in subscription sales and an 18% rise in supplement sales.
Operating result declined to -205 TSEK from 75 TSEK year-over-year, mainly due to higher consulting costs and squeezed margins on supplements.
EBITDA decreased to 518 TSEK from 727 TSEK, and net result before tax fell to -228 TSEK from 50 TSEK.
Retention rate improved significantly to 81.8% from 66.1%, and average revenue per user (ARPU) rose 6.6% to 227 SEK.
Financial highlights
Net revenue: 2,663 TSEK (2,670 TSEK Q1 2025/2026).
Operating result: -205 TSEK (75 TSEK Q1 2025/2026).
EBITDA: 518 TSEK (727 TSEK Q1 2025/2026).
Net result before tax: -228 TSEK (50 TSEK Q1 2025/2026).
Cash flow from operations: 395 TSEK (1,248 TSEK Q1 2025/2026).
Outlook and guidance
Management expects continued stable operations, with liquidity and financing options deemed sufficient for ongoing business.
AI integration is a strategic focus, with new features planned for both customers and white-label partners.
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Latest events from Trainimal
- Returned to profitability with 11% revenue growth and stronger margins and cash flow.TRML
Q4 25/26 - Sales up 19.8% year-over-year in Q3, with strong cash flow and margin improvements.TRMLQ3 25/26
- Q2 delivered robust sales growth, higher margins, and new medical partnerships, sustaining momentum.TRMLQ2 25/26
- Returned to profit in Q1 with higher margins, lower CAC, and strong cash flow.TRMLQ1 25/26
- Q4 saw a return to profitability, record margins, and strong cost discipline, setting up for future growth.TRMLQ4 24/25
- EBITDA and subscription margins improved, with positive cash flow and global expansion plans.TRMLQ2 24/25
- Net sales and ARPU fell, but gross margin and recurring revenue stayed robust.TRMLQ1 24/25
- EBITDA turned positive and customer numbers hit a record after the new app launch.TRMLQ4 23/24
- Gross margin and EBITDA improved despite lower sales, with positive cash flow achieved.TRMLQ3 24/25
Next Trainimal earnings date
Q2 26/2718 Dec, 2026
Trainimal
Next Trainimal earnings date
Q2 26/2718 Dec, 2026
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Frequently asked questions
Trainimal AB is a Sweden-based company specializing in digital fitness and health coaching solutions. The company provides personalized training and nutrition plans through its online platform and mobile applications, catering to individuals seeking convenient and tailored fitness programs. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Spotlight Stock Market.