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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.
Maximum Entertainment
Maximum Entertainment (MAXENT) investor relations material
Maximum Entertainment Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary31 Aug, 2026
Executive summary
Net sales for Q2 2026 were €12.1M, down 12% year-over-year due to cash constraints limiting business opportunities.
Gross margin remained stable at 30% despite lower sales.
Adjusted EBITDA improved to €1.19M from €1.11M, but EBIT and net profit remained negative.
The company is dependent on additional financing and is in ongoing discussions with lenders.
Financial highlights
Q2 net sales: €12.1M (vs. €13.7M in Q2 2025); H1 net sales: €22.8M (vs. €28.7M in H1 2025).
Q2 gross margin: 30% (vs. 32%); H1 gross margin: 30% (vs. 28%).
Adjusted EBITDA Q2: €1.19M (vs. €1.11M); H1: €1.12M (vs. €0.92M).
Q2 EBIT: -€4.67M (vs. -€1.74M); H1 EBIT: -€6.11M (vs. -€4.47M).
Q2 EPS: -€0.13 (vs. -€0.12); H1 EPS: -€0.17 (vs. -€0.28).
Cash flow from operating activities Q2: -€1.6M (vs. -€0.2M); H1: -€2.3M (vs. -€2.1M).
Net debt increased to €62.7M from €47.6M year-over-year.
Outlook and guidance
The company continues to face liquidity challenges and is reliant on securing additional financing.
Ongoing discussions with lenders and creditors; outcome remains uncertain.
Strategic shift to reduce investment in owned IP and accelerate cash flows.
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Latest events from Maximum Entertainment
- Liquidity challenges drove a 29% revenue drop and triggered major ownership and legal changes.MAXENT
Q1 2026 - Sharp revenue decline, heavy impairments, and restructuring amid severe liquidity risk.MAXENTQ4 2025
- Sales and margins fell, but adjusted EBITDA improved; urgent financing and legal risks persist.MAXENTQ3 2025
- Sales and margins fell sharply, with liquidity and legal risks dominating the outlook.MAXENTQ2 2025
- Q3 2024 marked by lower sales, major impairments, and urgent financial restructuring.MAXENTQ3 2024
- Gross margin rose to 34% and adjusted EBITDA increased 15% YTD, with H2 set for major launches.MAXENTQ2 2024
- Sales fell sharply and legal, financial risks persist despite cost cuts and new releases ahead.MAXENTQ1 2025
- Net sales fell 26% to €25.5M amid restructuring, with legal and financing risks ongoing.MAXENTQ4 2024
Next Maximum Entertainment earnings date
Q3 202630 Nov, 2026
Maximum Entertainment
Next Maximum Entertainment earnings date
Q3 202630 Nov, 2026
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Frequently asked questions
Zordix AB develops, publishes, and distributes games for PC and console worldwide. The company's games are based on a technology platform built and developed by Zordix AB. The platform includes game engines, tools, online services, and licensed middle-ware. It develops game titles for a range of platforms primarily the Nintendo Switch, Microsoft Xbox One, Sony Playstation 4, PC, Amazon Fire TV and Apple TV. Zordix AB (publ) was founded in 2008 and is headquartered in Umeå, Sweden.