Arctic Blue Beverages (ARCTIC) Q2 2026 earnings summary

Executive summary

• Revenue for Jan–Jun 2026 was SEK 1,055 thousand, down 54% year-over-year; EBITDA improved to SEK -4,309 thousand from SEK -8,485 thousand.

• Net result for Jan–Jun 2026 was SEK -6,390 thousand, a significant improvement from SEK -9,825 thousand year-over-year.

• Cost-saving and operational improvements led to lower expenses and improved EBITDA despite lower sales.

• Cash and cash equivalents at period end were SEK 208 thousand.

Financial highlights

• Q2 2026 revenue was SEK 715 thousand, down 38% year-over-year but more than double sequentially from Q1.

• Adjusted operative EBITDA for Jan–Jun 2026 was SEK -4,339 thousand, improved from SEK -6,521 thousand year-over-year.

• EBIT for Jan–Jun 2026 was SEK -4,960 thousand, up from SEK -9,182 thousand year-over-year.

• Earnings per share (EPS) for Jan–Jun 2026 was -0.08 SEK.

Outlook and guidance

• Focus remains on commercializing award-winning gins, increasing special edition volumes, and expanding the long drink and vodka categories internationally.

• Management expects order volumes and distillery events to grow in the second half of 2026.