My Beat (MYBEAT) Q2 25/26 earnings summary

Executive summary

• Revenue for the group in Q2 2025/2026 was 5,167 KSEK, nearly flat year-over-year, with a significant operating loss of -7,258 KSEK and net loss of -7,452 KSEK.

• Major restructuring included the bankruptcy of subsidiary TMC Silverstone, leading to a 9.6 MSEK impairment and ongoing cost reductions.

• The company upgraded all customers to 5G, modernizing its network for improved coverage and capacity.

Financial highlights

• Group EBITDA for Q2 was -981 KSEK, EBIT -7,258 KSEK, and net result after tax -7,452 KSEK, all deteriorating year-over-year.

• Cash flow from operations was positive at 1,553 KSEK, but period-end cash was only 104 KSEK, down from 902 KSEK a year earlier.

• Parent company posted a net loss of -11,161 KSEK for the quarter, with negative cash flow and zero cash at period end.

Outlook and guidance

• The bankruptcy of TMC Silverstone is expected to reduce costs by 0.7 MSEK/month and revenues by 0.2 MSEK/month, resulting in a net positive effect of 0.5 MSEK/month.

• The company is transitioning to a calendar-year accounting period, with a short Q3 covering November–December 2025.