Sweden Buyersclub (BUY) Q2 2026 earnings summary

Executive summary

• Achieved first quarter with positive operating profit; EBIT reached 0.27 MSEK compared to -0.56 MSEK year-over-year.

• Net revenue increased 30% year-over-year to 29.6 MSEK, with membership revenue up 23% to 6.1 MSEK.

• Launched B2B platform business, signed first external customer, and secured new warehouse over 10x current size.

• Completed a rights issue post-period, raising 27 MSEK to fund acquisitions and expansion.

Financial highlights

• Net revenue: 29.6 MSEK (22.8 MSEK), up 30% year-over-year.

• EBITDA: 1.5 MSEK (0.44 MSEK), EBITDA margin 5% (2%).

• EBIT: 0.27 MSEK (-0.56 MSEK); net income after tax: 0.05 MSEK (-0.81 MSEK).

• Operating cash flow: 0.2 MSEK (-0.99 MSEK).

• ARR at period end: 22.0 MSEK (19.8 MSEK), up 11% year-over-year.

Outlook and guidance

• 2026 targets reaffirmed: net revenue 150–200 MSEK, EBITDA 8–12 MSEK.

• Stronger performance expected in H2 due to seasonality, new warehouse, and B2B launch.