My Beat (MYBEAT) Q1 2026 earnings summary

Executive summary

• Strategic focus on harmonizing operations and financial structure continued in Q1 2026, with key decisions expected in Q2 to enable future growth and business development.

• Significant one-off restructuring and financing costs impacted the quarter, expected to persist into Q2 but are temporary.

• Notable improvement in cash flow and operating result compared to Q1 2025, indicating a positive direction.

Financial highlights

• Net revenue for Q1 2026 was 3,219 KSEK, up from 3,159 KSEK in Q1 2025.

• Operating result improved to -680 KSEK from -2,875 KSEK year-over-year.

• EBITDA for Q1 2026 was -680 KSEK, compared to -1,942 KSEK in Q1 2025.

• Cash flow from operating activities was 1,125 KSEK, a turnaround from -3,852 KSEK in Q1 2025.

• Net result after tax was -1,111 KSEK, improved from -3,133 KSEK in Q1 2025.

Outlook and guidance

• Ongoing financial restructuring is expected to be completed in Q2, laying the foundation for renewed growth focus.

• Implementation of debt restructuring and new financing agreements will reduce short-term liabilities and stabilize operations within the year.