Boho Group (BOHO) Q2 2026 earnings summary

Executive summary

• Q2 2026 marked a turnaround with improved market conditions and operational efficiency, leading to higher EBITDA and gross profit year-over-year.

• Revenue from operator activities rose 2.3% in Q2 2026 compared to Q2 2025, while net income after tax improved but remained negative and property sales were nil.

• Strategic focus remains on expanding Boho Club and enhancing guest experience, with significant progress in permitting and a major property expansion underway.

Financial highlights

• Q2 2026 revenue from operator activities: 25,475 TSEK (Q2 2025: 24,906 TSEK); H1 2026: 37,524 TSEK (H1 2025: 39,086 TSEK).

• Q2 2026 EBITDA: 4,146 TSEK (Q2 2025: 2,180 TSEK); H1 2026 EBITDA: -1,314 TSEK (H1 2025: -6,799 TSEK).

• Q2 2026 net income after tax: -3,621 TSEK (Q2 2025: -5,430 TSEK); H1 2026: -14,695 TSEK (H1 2025: -21,224 TSEK).

• Earnings per share Q2 2026: -0.06 SEK (Q2 2025: -0.09 SEK); H1 2026: -0.25 SEK (H1 2025: -0.37 SEK).

• Cash flow from operating activities H1 2026: -7,591 TSEK (H1 2025: -8,119 TSEK).

Outlook and guidance

• Market conditions have stabilized after a weather-impacted Q1, with increased bookings and international guest activity.

• Management expects a strong third quarter, historically the most important for annual results, supported by a robust market and improved operations.

• Continued focus on operational excellence and property expansion to drive long-term value.