Gold Town Games (GTG) Q2 2026 earnings summary

Executive summary

• Net revenue for Q2 2026 was 2.43 MSEK, down 26.7% year-over-year and 29.6% sequentially from Q1 2026.

• Operating result was -1.66 MSEK, compared to 4.98 MSEK in Q2 2025, which included a significant one-time gain from convertible loan restructuring.

• Focus remains on improving product retention and efficiency through AI-driven development, especially for Pocket Hockey.

• A rights issue after the period raised 3.94 MSEK, supporting continued product development.

Financial highlights

• Net revenue: 2.43 MSEK (Q2 2025: 3.32 MSEK).

• Operating result (EBIT): -1.66 MSEK (Q2 2025: 4.98 MSEK, including a 6.33 MSEK one-off gain).

• Net result: -1.68 MSEK (Q2 2025: 4.96 MSEK).

• Cash flow from operations: 0.66 MSEK (Q2 2025: 5.90 MSEK).

• Cash at period end: 0.98 MSEK (Q2 2025: 2.77 MSEK), with 3.94 MSEK added post-period from the rights issue.

Outlook and guidance

• Growth is expected to be driven by Pocket Hockey, with focus on improving retention and monetization.

• AI integration will continue to enhance development efficiency and product analytics.

• Expansion to new platforms (PC, console) is a long-term goal.