Groupe OKwind Société anonyme (ALOKW) H1 2026 earnings summary

Executive summary

• H1 2026 revenue fell 51% YoY to €6.5M amid operational reorganization and the discontinuation of BtoC sales.

• EBITDA was -€7.5M versus -€6.9M a year earlier; structural cost reductions helped contain the impact of lower activity.

• Q3 revenue was €4.0M, bringing 9M revenue to €10.5M; cash stood at €2.1M at September 30 after a July capital increase.

Financial highlights

• H1 revenue was €6.5M versus €13.4M YoY (-51%); other operating income was €0.9M versus €1.2M (-24%).

• Personnel costs declined 30% to €5.8M, a €2.5M reduction YoY; other operating expenses fell 34% to €4.7M.

• Operating loss narrowed to €7.9M from €8.4M; net loss widened to €9.4M from €6.7M.

• Financial charges and income were -€1.6M versus -€0.5M; prior-year income tax included a €2.2M benefit, versus nil in H1 2026.

Outlook and guidance

• Priorities for coming months: capitalize on storage-solution demand, generate complementary sales to the installed base, expand distribution partnerships, and continue cost control and organizational optimization.

• The new BESS 209 battery is intended to address customers with higher energy needs, including pig and poultry farms.