My Beat (MYBEAT) Q1 25/26 earnings summary

Executive summary

• Q1 saw a significant write-down of one-time revenues and a change in revenue recognition principles, impacting reported results by SEK 1.6 million for the quarter.

• Underlying business performance remains strong, with positive outlook for both organic and inorganic growth.

Financial highlights

• Net sales for the group were SEK 3.0 million, down from SEK 20.2 million year-over-year.

• EBITDA was SEK -3.0 million, with an adjusted comparable EBITDA of SEK -1.0 million after one-time effects.

• Net result after tax was SEK -4.5 million, compared to SEK -8.0 million year-over-year.

• Cash flow from operating activities was SEK 0.3 million, a turnaround from SEK -8.3 million last year.

• Cash and cash equivalents at period end were SEK 0.8 million.

Outlook and guidance

• Management expects continued strong growth, with several acquisition candidates identified and ongoing preparations for future expansion.