Enersize (ENERS) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 increased to €179,598 from €125,924 year-over-year, mainly due to a new agreement with ONE Nordic AB for customer portfolio management in Sweden.

• Operating loss (EBIT) improved to -€108,820 from -€514,349 year-over-year, reflecting a lower cost base and higher income.

• Strategic restructuring included transferring operational activities to ONE Nordic and initiating the separation of Airdev AB.

• CEO Fredrik Arrigucci announced resignation but remains during the notice period.

Financial highlights

• Q2 2026 revenue was €26,263, down from €56,159 in Q2 2025.

• H1 2026 net loss before tax was -€162,803, a significant improvement from -€773,387 in H1 2025.

• Cash flow from operations for H1 2026 was -€160,867, compared to -€673,275 in H1 2025.

• No investments were made during H1 2026.

• Cash position at period end was €29,630, down from €119,540 a year earlier.

Outlook and guidance

• The financial position remains strained, and additional financing is required to ensure continued operations.

• The board is actively working on financing and strategic alternatives.

• No long-term financing solution is secured as of the report date, creating material uncertainty about going concern.