Crown Energy (CRWN) Q2 2026 earnings summary

Executive summary

• Net sales for H1 2026 increased 23% year-over-year to SEK 19,365 thousand, driven by property and service revenues and the continued commercialisation of Accyourate.

• Operating loss improved to SEK -66,281 thousand from SEK -74,032 thousand year-over-year, with net loss after tax at SEK -48,443 thousand versus SEK -64,172 thousand.

• Strategic focus remained on the NEO project in Angola, Accyourate's healthtech rollout, and sustainable investments, including climate and community initiatives.

• The amendment agreement for the SmarTee acquisition deferred major payments, improving financial flexibility.

Financial highlights

• Q2 2026 turnover was SEK 10,057 thousand, up from SEK 5,997 thousand in Q2 2025.

• Net financial items for H1 2026 were SEK 19,232 thousand, a significant improvement from SEK -1,390 thousand year-over-year, mainly due to the SmarTee payment deferral.

• Unrealised changes in property values were SEK -4,048 thousand for H1 2026, a smaller loss than SEK -14,506 thousand in H1 2025.

• Cash flow for H1 2026 was SEK 41,625 thousand, compared to SEK -10,816 thousand in H1 2025.

• Equity per share at period end was SEK 0.46, down from SEK 0.68 a year earlier.

Outlook and guidance

• Strategic priorities for H2 2026 include advancing the NEO project, expanding Accyourate's market reach, and strengthening sustainability governance.

• The Board assesses that the Group has sufficient financial resources and cash flow for the next 12 months.