Pixfam (PIXFAM) Q2 2026 earnings summary

Executive summary

• Strategic focus shifted to the Pho2book app, targeting rapid path to profitability and international expansion, especially in Turkey through a partnership with Sosyopix.

• Significant cost reductions implemented, including discontinuation of the Kiliaro app and CEO forgoing salary to preserve liquidity.

• Acquisition of 50% of Posterton AB to create synergies and support group expansion in the photo and video sector.

Financial highlights

• Net sales for Q2 2026 were SEK 22,149, down from SEK 23,184 in Q2 2025; H1 2026 net sales SEK 46,025, sharply lower than SEK 562,657 in H1 2025.

• EBITDA for H1 2026 was SEK -1,519,162, compared to SEK 472,744 in H1 2025.

• Net loss for Q2 2026 was SEK -3,831,010, compared to SEK -7,373,871 in Q2 2025; H1 2026 net loss SEK -6,076,911, improved from SEK -7,973,082 in H1 2025.

• Cash and cash equivalents at period end were SEK 194,532, down from SEK 3,845,590 a year earlier.

Outlook and guidance

• Focus on launching Pho2book in Turkey, leveraging first-mover advantage and established partner customer base.

• New share issue of at least SEK 1 million underway to strengthen liquidity and fund marketing for Turkish launch.

• CEO expects a turnaround within a year, aiming for stable revenue and profitability, with potential expansion to the Middle East.