Value8 (VALUE) H1 2026 earnings summary

Executive summary

• Net profit for the first half of 2026 was €2.4 million, down from €6.3 million in the same period last year.

• Operating income decreased to €4.2 million from €8.9 million year-over-year.

• Earnings per share fell to €0.22 from €0.64 year-over-year.

• Net asset value per ordinary share increased to €11.25 as of 30 June 2026, up from €11.10 at year-end 2025 (adjusted for dividend).

Financial highlights

• Total assets rose to €148.5 million as of 30 June 2026, up from €139.6 million at year-end 2025.

• Equity attributable to shareholders increased to €121.2 million from €119.2 million at year-end.

• Cash and cash equivalents declined to €581,000 from €1.02 million at year-end 2025.

• Total operating expenses were €1.1 million, slightly down from €1.14 million year-over-year.

• Net finance expense increased to €671,000 from €451,000 year-over-year.

Outlook and guidance

• The Board states the semi-annual report provides a fair view of important events and main risks for the remainder of 2026.