Trainers' House (TRH1V) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 2026 were EUR 2.2 million, a decrease of 3.4% year-over-year.

• Operating result was EUR 0.1 million, representing 6.9% of net sales, down from 8.4% last year.

• Earnings per share remained stable at EUR 0.07.

• Customer activity and experience remained high, with continued investment in AI and CRM system upgrades.

• The Kasvusysteemi product accounted for 10% of orders, up from 6% in 2025.

Financial highlights

• EBITDA for Q1 2026 was EUR 227 thousand, down from EUR 266 thousand year-over-year.

• Cash flow from operations was negative at EUR -0.1 million, compared to EUR 0.2 million last year.

• Cash and cash equivalents stood at EUR 1.7 million, up from EUR 1.6 million a year ago.

• Interest-bearing liabilities decreased to EUR 0.3 million from EUR 0.6 million.

• Equity ratio improved to 65.8% from 63.3% year-over-year.

Outlook and guidance

• Operating result for 2026 is estimated to be between EUR 0.0–0.5 million.

• The company targets long-term profitable growth.