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Zenergy (ZENZIP) investor relations material
Zenergy Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales increased to 5.2 MSEK in Q2 2026 from 4.6 MSEK in Q2 2025, with improved results after financial items at -4.7 MSEK versus -8.1 MSEK year-over-year.
The period was marked by ongoing restructuring, project portfolio advancement, and continued negative results and cash flow, prioritizing financing and operational efficiency.
Key project milestones included building permits for Värnamo Rolstorp (33 homes), a conditional construction credit of 64 MSEK, and a rights issue of 32.5 MSEK.
New product launches and strategic partnerships broadened the business scope, including a modular house (VRÅ 30) and a hotel project intent in Karlskoga.
Financial highlights
Q2 2026 net sales: 5,049 KSEK (up from 3,902 KSEK in Q2 2025); H1 2026 net sales: 9,284 KSEK (down from 11,330 KSEK in H1 2025).
Q2 2026 result after financial items: -4,650 KSEK (improved from -8,070 KSEK in Q2 2025); H1 2026: -11,626 KSEK (improved from -14,077 KSEK in H1 2025).
Total assets as of June 30, 2026: 61,883 KSEK (up from 31,093 KSEK YoY), mainly due to contract acquisitions.
Equity at period end: 2,140 KSEK (down from 8,071 KSEK YoY); cash and equivalents: 3,703 KSEK (down from 5,592 KSEK YoY).
Soliditet (equity ratio): 14.6% (down from 26.0% YoY).
Outlook and guidance
The board considers capital needs secured for at least 12 months, assuming project launches and sales volumes proceed as forecast.
Additional financing may be required if project execution or sales deviate negatively from projections.
- Revenue declined and losses widened in Q1 2026, with key project and product milestones achieved.ZENZIP
Q1 2026 - Net loss widened in 2025 amid restructuring, but capital base and value chain control improved.ZENZIP
Q4 2025 - Revenue up, loss narrowed, and strategic acquisition completed amid financial challenges.ZENZIP
Q3 2025 - Revenue up sharply, but losses deepened amid higher costs; major contracts and new CEO.ZENZIP
Q2 2025 - Revenue fell and losses widened, but strategic moves and equity growth support future prospects.ZENZIP
Q3 2024 - Q2 2024 saw steep losses, but new capital and business initiatives support a recovery outlook.ZENZIP
Q2 2024 - Q4 profit and strategic partnerships offset a tough year, setting up Zenergy for sustainable growth.ZENZIP
Q4 2024 - Revenue up, losses widen; new contracts and financing support growth amid restructuring.ZENZIP
Q1 2025
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