Hemply Balance (HMPLY) Q1 2026 earnings summary

Executive summary

• Net revenue for Q1 2026 was 226 TSEK, a 9.2% decrease year-over-year from 249 TSEK.

• Gross profit reached 176 TSEK with a gross margin of 77.9%, up from 74.6% in Q1 2025.

• EBITDA improved to -66 TSEK from -93 TSEK year-over-year.

• Net result after tax was -67 TSEK, compared to -94 TSEK in Q1 2025.

• No significant events occurred during or after the quarter.

Financial highlights

• Operating expenses decreased, with external costs down 13.3% to 242 TSEK.

• No personnel costs were recorded; the company had no employees, only consultants.

• Cash flow from operating activities was -151 TSEK, compared to -167 TSEK in Q1 2025.

• Cash and cash equivalents at quarter-end were 69 TSEK, down from 316 TSEK a year earlier.

• Equity as of March 31, 2026, was 625 TSEK, down from 1,073 TSEK at the same point last year.

Outlook and guidance

• New orders from Japan were received after the quarter's end.

• The board continues to evaluate strategic alternatives, including potential sales, mergers, or reverse acquisitions.

• The company aims to announce positive developments for shareholders during the year.