Arctic Blue Beverages (ARCTIC) Q1 2026 earnings summary

Executive summary

• Revenue for January–March 2026 was SEK 339 thousand, a 70% decrease year-over-year from SEK 1,137 thousand.

• EBITDA improved to SEK -2,201 thousand from SEK -3,204 thousand year-over-year, reflecting cost-saving measures.

• Net result was SEK -3,008 thousand, a slight improvement from SEK -3,391 thousand in the prior year.

• The CEO announced his resignation after the reporting period; recruitment for a successor has begun.

• The company launched Blue Moment Vodka, expanding beyond gin for the first time.

Financial highlights

• Revenue dropped 70% year-over-year to SEK 339 thousand.

• EBITDA improved to SEK -2,201 thousand from SEK -3,204 thousand.

• EBIT was SEK -2,524 thousand, up from SEK -3,556 thousand year-over-year.

• Cash and cash equivalents at period end were SEK 1,800 thousand.

• Earnings per share (undiluted) was SEK -0.04, compared to SEK -0.13 year-over-year.

Outlook and guidance

• Continued focus on commercialization of gins, expansion of special editions, and entry into the vodka category.

• US market expansion for long drink products is ongoing but delayed.

• Geopolitical and economic uncertainty expected to persist, impacting consumer demand.