Moment Group (MOMENT) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 2026 were 284 MSEK, down from 306 MSEK year-over-year, with an EBIT of -2 MSEK compared to 2 MSEK last year.

• The quarter was marked by mixed performance across business areas, with strong results in 2Entertain and Event & Communication, but weaker demand in Wallmans Group and Kungsportsgruppen.

• Structural changes were implemented, consolidating activity restaurants and show/event arenas into Wallmans Group from April 1.

• Liquidity improved to 88 MSEK (from 70 MSEK), aided by the final repayment of 23 MSEK in tax deferrals.

Financial highlights

• EBITDA for Q1 2026 was 14 MSEK (18 MSEK in Q1 2025); EBIT was -2 MSEK (2 MSEK); net result after tax was -11 MSEK (-6 MSEK).

• Earnings per share were -0.44 SEK (-0.24 SEK) both before and after dilution.

• Cash flow from operations was -49 MSEK (-19 MSEK), with total cash flow for the quarter at -87 MSEK (-40 MSEK).

• Net debt at quarter-end was -466 MSEK (-563 MSEK), with a net debt/EBITDA ratio of 4x (6x).

Outlook and guidance

• Management expects the effects of structural changes and cost measures to support a more stable development and sustainable long-term growth.

• No dividend proposed for 2025, with cash to be reinvested in operations due to leverage and strategic ambitions.