Mantex (Mantex) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 was 253 tkr, a slight increase from 241 tkr in Q2 2025, with EBIT at -3,907 tkr, improving from -5,045 tkr year-over-year.

• Cash flow from operating activities improved to -3,291 tkr from -5,048 tkr in Q2 2025.

• New generation Biomass Analyzer installed at Waggeryd Cell, enhancing measurement capabilities and operational efficiency.

• Loan agreements totaling 4.4 MSEK were secured from the largest shareholder and board members.

Financial highlights

• H1 2026 revenue was 481 tkr, down from 813 tkr in H1 2025.

• EBIT for H1 2026 improved to -7,492 tkr from -9,665 tkr year-over-year.

• Cash flow from operations for H1 2026 was -6,828 tkr, an improvement from -11,661 tkr in H1 2025.

• Result per share for Q2 2026 was -1.88 SEK, up from -2.33 SEK in Q2 2025.

• Equity at the end of June 2026 was -2,004 tkr, compared to 21,562 tkr at the end of June 2025.

Outlook and guidance

• Ongoing customer dialogues for new Biomass Analyzer sales, with interest contingent on successful trials.

• Prototype development for an online moisture meter in the pellet industry planned for autumn, pending funding.