Crustal Resources (CRUST) Q2 2026 earnings summary

Executive summary

• Net sales remained at zero for the group in Q2 2026, with continued negative operating and net results compared to the same period last year.

• The parent company reported its first revenue (450 tkr) in Q2 2026, reducing operating losses year-over-year.

• Strategic review prioritized projects with the best value creation potential and identified new future projects.

• The company increased visibility in the sector, with media coverage and a fully financed summer work program focused on the Gladhammar project.

Financial highlights

• Group operating result for Q2 2026 was -1,994 tkr, down from -1,250 tkr in Q2 2025; net result after tax was -1,994 tkr versus -1,015 tkr year-over-year.

• For H1 2026, group operating result was -3,504 tkr (vs. -2,531 tkr in H1 2025); net result after tax was -3,506 tkr (vs. -2,296 tkr).

• Parent company Q2 2026 revenue was 450 tkr (0 tkr in Q2 2025); operating loss improved to -611 tkr from -1,065 tkr.

• Parent company H1 2026 net result after tax was -1,973 tkr, slightly higher loss than -1,900 tkr in H1 2025.

Outlook and guidance

• The company expects increased attention and capital inflow into mineral exploration, supported by political and institutional focus on critical raw materials.

• Ongoing work aims to advance projects through technical maturity and value creation, with Gladhammar as the most advanced asset.