FSport (FSPORT) Q2 2026 earnings summary

Executive summary

• Digital sports and streaming platforms saw strong development, with daily broadcasts and new collaborations driving record streaming figures during Q2 2026.

• Launches on Tippa.se and, after the period, Vinna.se and a new pool betting reduction tool expanded the product portfolio.

• The number of shareholders nearly quadrupled since year-end, reflecting increased market interest.

Financial highlights

• Net revenue for Q2 2026 was 556 TSEK, up 58% year-over-year; H1 2026 revenue was 866 TSEK, up 24%.

• Q2 2026 EBITDA was -862 TSEK (adjusted Q2 2025: -1,108 TSEK); H1 2026 EBITDA was -1,824 TSEK (adjusted H1 2025: -1,955 TSEK).

• Result after financial items for Q2 2026 was -1,055 TSEK (adjusted Q2 2025: -1,824 TSEK).

• Cash flow for H1 2026 was -2,447 TSEK, mainly due to the absence of one-time asset sales seen in 2025.

• Cash and cash equivalents at Q2-end were 3,770 TSEK, down from 8,569 TSEK a year earlier.

Outlook and guidance

• Continued focus on core strengths in digital sports media and streaming, with further product launches planned.

• Migration to a new technical platform aims to accelerate future product development.

• Management expects ongoing improvements in revenue trends and operational efficiency.