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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.
Vaxxa
Vaxxa (VAXXA) investor relations material
Vaxxa Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary20 Oct, 2026
Executive summary
Q3 revenue fell YoY, while gross profit as a share of revenue improved to 10.4% from 8.9%; 9M revenue and gross profit increased 19% and 58%, respectively.
Q3 EBITDA was -SEK 811k and net loss was SEK 1.461m; reported cash excluding client funds was SEK 2.7m at quarter-end.
Financial highlights
Q3 net revenue was SEK 13.857m vs SEK 21.123m YoY; 9M revenue was SEK 61.8m vs SEK 52.099m.
Q3 EBITDA was -SEK 811k vs SEK 12k; operating loss was SEK 1.449m vs SEK 637k.
Q3 net loss was SEK 1.461m vs SEK 489k; 9M net loss was SEK 3.156m vs SEK 2.776m.
Q3 goods-for-resale costs declined to SEK 12.410m from SEK 19.241m; personnel costs were SEK 1.802m vs SEK 1.661m.
Outlook and guidance
Quarter-end pipeline was larger than normal; management expected a significant portion of ongoing transactions to close in Q4 and viewed the remainder of 2026 positively.
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Latest events from Vaxxa
- Q2 2026 saw 57% revenue growth, positive EBITDA, and a strong, nearly debt-free balance sheet.VAXXA
Q2 2026 - Q1 2026 revenue surged 50% year-over-year, but losses widened amid higher personnel costs.VAXXAQ1 2026
- Strategic investments and one-off costs in 2025 set the stage for scalable growth in 2026.VAXXAQ4 2025
- Revenue up 14% YoY; platform complete; positive cash flow expected from Q4.VAXXAQ3 2025
- Insolvency segment up 30% over Q1, with short-term losses from expansion investments.VAXXAQ2 2025
- Q3 2024 net sales more than doubled year-over-year, with EBITDA turning positive.VAXXAQ3 2024
- Q2 2024 saw doubled revenue, positive earnings, and strong cash flow, with expansion ahead.VAXXAQ2 2024
- Handled bankruptcies surged eightfold and 4.6 MSEK was raised for growth initiatives.VAXXAQ1 2025
- Record revenue growth and first positive net result set stage for global expansion.VAXXAQ4 2024
Next Vaxxa earnings date
Q4 202623 Feb, 2027
Vaxxa
Next Vaxxa earnings date
Q4 202623 Feb, 2027
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