Digitalist Group (DIGIGR) Q2 2026 earnings summary

Executive summary

• Turnover for H1 2026 was EUR 8.0 million, down 11.8% year-over-year, with both Finnish and Swedish operations declining due to challenging market conditions.

• EBITDA for H1 2026 was EUR -0.7 million, compared to EUR -0.4 million in H1 2025; EBIT was EUR -1.0 million, compared to EUR -0.6 million.

• Net income for H1 2026 was EUR -2.5 million, compared to EUR -2.0 million in H1 2025; EPS was EUR -0.90, compared to EUR -0.74.

• Intense competition and pricing pressure, especially in Finland and the public sector, limited growth and profitability.

• Strategic focus is on operational efficiency, commercial focus, and accelerating AI transformation.

Financial highlights

• Q2 2026 turnover was EUR 4.1 million, down 9.5% year-over-year; H1 turnover was EUR 8.0 million, down 11.8%.

• EBITDA for Q2 2026 was EUR -0.3 million; EBIT was EUR -0.4 million; net income was EUR -1.2 million.

• Cash flow from operations for H1 2026 was EUR -1.8 million, compared to EUR -1.3 million in H1 2025.

• Liquid assets at period end were EUR 0.1 million; interest-bearing liabilities were EUR 45.7 million.

• Market capitalization at period end was EUR 5.4 million, down from EUR 22.1 million a year earlier.

Outlook and guidance

• Turnover is expected to decrease in 2026 compared to 2025.

• EBITDA is expected to improve versus 2025 but remain negative.