Ekspress Grupp (EEG1T) Q1 2026 earnings summary

Executive summary

• Q1 2026 revenue decreased by 1% year-over-year to €16.8m, mainly due to the sale of Lrytas UAB and acquisition of Liikluslab Baltic OÜ in Dec 2025.

• EBITDA rose 255% to €0.9m, driven by digital subscriptions and ticket sales platforms.

• Net loss narrowed to €0.9m from €1.6m in Q1 2025.

• Digital revenue accounted for 86% of total revenue, with digital subscriptions up 6% year-over-year to 237,000.

• Strong liquidity with €11.7m cash at quarter-end.

Financial highlights

• Sales revenue: €16.8m (Q1 2025: €17.0m, -1%).

• EBITDA: €0.9m (Q1 2025: €0.2m, +255%).

• Net loss: €0.9m (Q1 2025: €1.6m, +43%).

• EBITDA margin: 5% (Q1 2025: 1%).

• Operating expenses down 4% year-over-year to €16.2m.

Outlook and guidance

• Expectation of subscriber base recovery and growth as economic conditions improve.

• Strategic focus on digital business growth, further acquisitions, and diversification into training sector.