Nexar Group (NXAR) Q2 2025 earnings summary

Executive summary

• Revenue for April–June 2025 was 40 KSEK, up from 27 KSEK year-over-year; net result was -1,100 KSEK, a deterioration of 316 KSEK compared to the same period in 2024.

• For January–June 2025, revenue was 40 KSEK (down from 73 KSEK), and net result was -2,195 KSEK, a 592 KSEK decline year-over-year.

• Key projects include delayed TV production in Nigeria and terminated partnership in Asia; new board members appointed in August 2025.

Financial highlights

• April–June 2025: revenue 40 KSEK (27 KSEK in 2024), net result -1,100 KSEK (-784 KSEK in 2024), EPS -0.02 SEK.

• January–June 2025: revenue 40 KSEK (73 KSEK in 2024), net result -2,195 KSEK (-1,603 KSEK in 2024), EPS -0.04 SEK.

• Equity per share at June 30, 2025: 0.16 SEK (vs. -0.01 SEK in 2024).

• Group equity at June 30, 2025: 4,970 KSEK; group solidity 19%.

• Cash at June 30, 2025: 3,199 KSEK (vs. 154 KSEK in 2024).

Outlook and guidance

• TV program production in Nigeria is delayed, with estimated start in Q4 2025.

• Partnership in Asia ended; expected revenues from China project revised downward.

• Ongoing discussions for TV format licensing and co-productions in Africa, Asia, and the Middle East.