Alefarm Brewing (ALEFRM) H1 2026 earnings summary

Executive summary

• Revenue for H1 2026 was DKK 6,303,349, up from DKK 5,587,651 in H1 2025, reflecting growth year-over-year.

• Net profit for H1 2026 was DKK 110,133, a turnaround from a net loss of DKK 835,512 in H1 2025.

• Operating profit improved to DKK 225,355 in H1 2026 from a loss of DKK 703,906 in H1 2025.

Financial highlights

• Gross profit increased to DKK 2,542,543 in H1 2026 from DKK 1,822,522 in H1 2025.

• Personnel costs rose to DKK 1,788,337 in H1 2026 from DKK 1,711,426 in H1 2025.

• Depreciation and amortization totaled DKK 528,851 in H1 2026, down from DKK 815,002 in H1 2025.

• Cash flow from operations was DKK 217,454 in H1 2026, compared to DKK 505,093 in H1 2025.

• Cash and cash equivalents at June 30, 2026 were DKK 630,710, down from DKK 1,341,446 at year-end 2025.

Outlook and guidance

• No explicit forward-looking guidance provided, but improved profitability and revenue growth signal positive momentum.