Crown Energy (CRWN) Q1 2026 earnings summary

Executive summary

• Q1 2026 marked continued strategic transition, focusing on asset development in Angola and scaling up healthtech investment in Accyourate.

• Preparatory work advanced for the NEO Airport City project, the largest investment in Angola, with construction planned for 2026.

• Accyourate entered a strategic partnership for commercial rollout, shifting from technical development to market execution.

• The special examination initiated in 2024 was concluded in January 2026.

• A five-year lease for 65 hotel rooms near Luanda's new airport was secured to support corporate clients.

Financial highlights

• Turnover was SEK 9,309 thousand, down 4% year-over-year due to currency depreciation and lower sustainable investment sales.

• Operating profit was SEK -33,166 thousand, an improvement from SEK -43,443 thousand in Q1 2025.

• Net financial items were SEK -12,204 thousand, compared to SEK 23,919 thousand last year.

• Net loss after tax was SEK -48,009 thousand, versus SEK -11,824 thousand in Q1 2025.

• Earnings per share were SEK -0.10, compared to SEK -0.02 in Q1 2025.

• Cash flow for the period was SEK -13,889 thousand, with cash and cash equivalents at SEK 249,648 thousand at quarter-end.

Outlook and guidance

• Management expects sufficient financial resources and cash flow to support ongoing operations and planned activities for the next 12 months.

• Focus remains on disciplined development, strategic partnerships, and sustainable value creation in Angola and healthtech.