Acenta Group (PADEL) Q2 25/26 earnings summary

Executive summary

• Revenue for Q2 2026 rose 266% year-over-year to SEK 5.5 million, driven by padel court sales and installations, especially under the Padel 100 agreement in Ireland.

• EBITDA for Q2 was SEK -3.8 million, impacted by higher logistics and project-related costs.

• The company expanded its international presence with new distribution agreements and received its first major order in Australia.

• Operational focus included strengthening internal processes, optimizing e-commerce, and expanding aftermarket services.

Financial highlights

• Q2 2026 revenue: SEK 5.5 million (Q2 2025: SEK 1.5 million); YTD revenue: SEK 12.2 million (YTD 2025: SEK 7.8 million).

• Q2 2026 EBITDA: SEK -3.8 million (Q2 2025: SEK -2.8 million); YTD EBITDA: SEK -8.5 million (YTD 2025: SEK -20.3 million, affected by reverse acquisition costs).

• Operating profit (EBIT) for Q2 2026: SEK -4.0 million; YTD: SEK -8.8 million.

• Cash and cash equivalents at June 30, 2026: SEK 1.4 million.

• Earnings per share for Q2 2026: SEK -0.7; YTD: SEK -1.4.

Outlook and guidance

• Priorities for H2 2026 include progressing ongoing projects, converting pipeline opportunities, and improving financial structure.

• Liquidity remains strained; management is actively pursuing debt and equity financing.

• The padel market is expected to shift toward increased demand for services, maintenance, and upgrades as the installed base grows.