Mavshack (MAV) Q2 2026 earnings summary

Executive summary

• 2026 marked by significant restructuring, financial challenges, and a focus on stabilizing the business.

• Emphasis on core digital entertainment operations and new digital business models.

• Concrete actions taken to strengthen capital structure and reduce debt.

• Shift in focus from financial reconstruction to business development and revenue generation for the remainder of the year.

Financial highlights

• Q2 2026 net sales: 0.01 MSEK (vs. 0.09 MSEK Q2 2025); EBITDA: -1.7 MSEK (vs. -1.8); EBIT: -3 MSEK (vs. -3.2); result after financial items: -2.3 MSEK (vs. -0.5).

• H1 2026 net sales: 0.3 MSEK (vs. 0.8 H1 2025); EBITDA: -2.7 MSEK (vs. -3.3); EBIT: -5.3 MSEK (vs. -6.3); result after financial items: -4.7 MSEK (vs. -0.5).

• Parent company H1 2026 net sales: 0.6 MSEK (unchanged); operating result: -2.2 MSEK (vs. -2.6); period result: -8.2 MSEK (vs. -1.1).

Outlook and guidance

• Focus on leveraging brand, technical infrastructure, and AI expertise to develop new commercial products and revenue streams.

• Goal to build a more focused, cost-effective, and commercially viable business with multiple revenue sources.