Mondo TV (MTV) H1 2026 earnings summary

Executive summary

• Returned to profitability in H1 2026 with net income of €2.52M, reversing a €0.63M loss in H1 2025, mainly due to non-recurring gains from debt restructuring and crisis resolution agreements.

• Successfully concluded the Composizione Negoziata della Crisi (CNC), leading to significant debt reduction and improved financial stability.

• Entered a strategic partnership with Hemlock West LLC to support financial restructuring and future industrial development, including access to the North American market.

Financial highlights

• Consolidated revenues (sales and services) were €380K, down from €414K in H1 2025, reflecting ongoing market weakness.

• Other income surged to €3.8M (vs. €785K in H1 2025), driven by extraordinary, non-recurring items from debt settlements.

• EBITDA reached €2.86M (vs. negative €8K in H1 2025), and EBIT was €2.35M (vs. negative €598K), both heavily influenced by non-recurring items.

• Net financial position improved to €-5.03M from €-5.39M at year-end 2025.

• Group equity turned positive at €2.57M (from €-1.56M at 2025 year-end), while consolidated equity remains negative at €-684K due to minority interests.

Outlook and guidance

• Achieving 2026 budget targets is now more challenging due to persistent market weakness and delayed production timelines.

• The success of the planned €6M capital increase and the operationalization of the Hemlock West partnership are critical for future growth and financial stability.

• Management continues to monitor market evolution, production timing, and commercial development closely.