SCP Standard Capital Partners (CAP) H1 2026 earnings summary

Executive summary

• Underwent major strategic realignment in H1 2026, shifting focus from entertainment to autonomous defense technologies.

• Revenue declined to EUR 469 thousand from EUR 573 thousand year-over-year, reflecting a period dominated by development and test projects.

• Announced divestment of entertainment holdings and acquisitions in defense tech post-balance sheet date.

Financial highlights

• Total revenue (including other operating income) was EUR 865 thousand, down from EUR 908 thousand year-over-year.

• EBIT decreased to EUR -2,406 thousand from EUR -1,380 thousand year-over-year due to lower revenue and higher costs.

• Personnel expenses fell to EUR 798 thousand from EUR 910 thousand year-over-year.

• Other operating expenses rose to EUR 942 thousand, driven by onerous receivables and higher legal/consulting costs.

• Cash and cash equivalents dropped to EUR 46,028 thousand from EUR 51,559 thousand at year-end 2025.

Outlook and guidance

• No full-year forecast for 2026 due to ongoing strategic realignment and uncertainty about its financial impact.

• Future focus will be on autonomous defense solutions, with a proposed name change to VANEA AG.