Voim (VOIM) H1 2026 earnings summary

Executive summary

• Completed divestment of the EM business, leaving no operating assets, employees, or material assets except limited cash.

• Initiated a strategic review to determine future direction and structure.

• Changed company name to VOIM ASA and appointed a new interim CEO.

Financial highlights

• Revenues for H1 2026 were USD 0.2 million, down from USD 19.6 million in H1 2025.

• EBITDA was negative USD 2.6 million (H1 2025: positive USD 5.6 million).

• Net loss for H1 2026 was USD 4.5 million, compared to net income of USD 1.1 million in H1 2025.

• Cash and cash equivalents at 30 June 2026 were USD 1.4 million, with restricted cash of USD 0.6 million.

• Total borrowings remained at USD 19.8 million as of 30 June 2026.

Outlook and guidance

• No active business operations post-EM business sale; strategic alternatives under evaluation.

• Future direction depends on identifying new opportunities, external financing, or restructuring debt.

• No assurances on achieving strategic alternatives; updates will be provided as material developments occur.