IMHO Intermedia House (IMHO) Q2 2026 earnings summary

Executive summary

• Significant restructuring marked by bankruptcy of subsidiaries and court-approved corporate reorganization in early 2026.

• Operations consolidated into the parent company, with a shift to a freelance-based model and no employees at period end.

• New board members and capital reduction implemented to strengthen governance and financial position.

• Financing agreement secured post-period, ensuring at least 5 MSEK in new capital, with potential for more.

Financial highlights

• Net sales for Jan–Jun 2026 fell 75% to 2,264 kSEK (9,203 kSEK year-over-year).

• EBITDA improved to 322 kSEK (–5,432 kSEK year-over-year), reflecting cost reductions.

• Operating result (EBIT) was –1,004 kSEK (–13,127 kSEK year-over-year).

• Net result for the period was –1,292 kSEK (–9,654 kSEK year-over-year).

• Operating cash flow was –353 kSEK (–3,171 kSEK year-over-year); cash at period end was 307 kSEK.

Outlook and guidance

• Focus on rebuilding Swedish operations, regaining market share, and achieving stable profitability.

• Industry consolidation seen as an opportunity for future growth, including potential acquisitions.

• Media division under review for further development and financing.