Kinda Brave
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Kinda Brave (BRAVE) investor relations material

Kinda Brave Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary8 May, 2026

Executive summary

  • Focused on finalizing HELA, the flagship game, with high quality ahead of launch; development pace and cost discipline remain priorities.

  • International interest in HELA is growing, with over 900,000 wishlists and 126 million organic views across platforms.

  • Strengthened capital structure through investment agreements and completed share issues.

  • Visibility increased via participation in major industry events and awards, including Gamescom and IGN Fan Fest.

Financial highlights

  • Net revenue for Q1 2026 was SEK 43,000, nearly unchanged from SEK 49,000 in Q1 2025.

  • EBITDA for Q1 2026 was SEK -3.9 million, a slight improvement from SEK -4.6 million in Q1 2025.

  • Net loss for Q1 2026 was SEK -5.1 million, compared to SEK -5.4 million in Q1 2025.

  • Equity at period end was SEK 12.6 million, down from SEK 20.8 million a year earlier.

  • Cash and cash equivalents at period end were SEK 5.5 million, up from SEK 1.3 million in Q1 2025.

Outlook and guidance

  • Expectation to deliver project milestones and receive publisher payments in Q2 2026.

  • Focus remains on quality delivery of HELA, cost control, and optimizing financial structure ahead of launch.

  • Anticipated seasonality effects are negligible in the short term due to early commercial stage.

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Q2 202621 Aug, 2026
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