Nexar Group (NXAR) Q2 2026 earnings summary

Executive summary

• Revenue for January–June 2026 was 0 KSEK, down from 40 KSEK year-over-year.

• Net result for January–June 2026 was -2,185 KSEK, a slight improvement from -2,195 KSEK year-over-year.

• Major strategic partnerships and agreements were signed in Nigeria, including a five-year deal with the National Youth Council and a TV distribution agreement with NTA.

• Expansion of agent operations with new player signings in Nigeria and Niger, and a new share issue to fund further growth.

Financial highlights

• Net result per share for January–June 2026 was -0.03 SEK, compared to -0.04 SEK year-over-year.

• Equity per share as of June 30, 2026, was 0.01 SEK, down from 0.07 SEK year-over-year.

• Cash flow for January–June 2026 was -1,511 KSEK, compared to 2,247 KSEK year-over-year.

• Group equity at June 30, 2026, was 787 KSEK.

• Soliditet (equity ratio) dropped to 4% from 19% year-over-year.

Outlook and guidance

• First payment of 6 MSEK from the Street2Stadium partnership expected in Q3 2026, contingent on project milestones.

• TV program Football Dreamz to air on Nigeria's NTA starting November 2026, with projected advertising revenue of 2 MSEK (Nexar's share: 1 MSEK).

• Additional revenue streams anticipated from sponsorships, product placement, and interactive viewer engagement.