Investor Presentation: Q2 2026

EG7’s Q2 2026 interim report demonstrates significant financial growth and improved operational efficiency across its diversified portfolio of gaming business units. The company achieved a net revenue of 474.6 million SEK, representing a 25.3% year-over-year increase, or 30.3% when adjusted for currency fluctuations. Profitability metrics showed substantial improvement, with adjusted EBITDA rising 165% to 99.4 million SEK and the adjusted EBITDA margin expanding by 11 percentage points to 20.9%. Net profit reached 46.0 million SEK, a marked increase from 8.4 million SEK in the same period of the previous year, resulting in a diluted earnings per share of 0.52 SEK.

The company’s performance was characterized by broad-based growth, with every operating business unit—Fireshine, Big Blue Bubble, Piranha, and Daybreak—achieving year-over-year adjusted EBITDA growth and maintaining profitability during the quarter. Fireshine emerged as a primary growth driver, recording a 127.2% increase in local currency net revenue, bolstered by the successful release of titles such as Far Far West. Piranha and Big Blue Bubble also contributed strong results, with revenue growth of 53.3% and 21.4%, respectively. These gains were supported by a robust operating cash flow of 120.5 million SEK.

Looking ahead to the third quarter of 2026, the company has maintained momentum through the July launches of Denshattack! and EverQuest Legends. Furthermore, the firm is preparing for the August 25 release of Aliens: Fireteam Elite 2, which is positioned as its largest premium title of the year. The company maintains a stable financial position, reporting a net debt of 3.6 million SEK, supported by a cash balance of 344.2 million SEK and a 100 million SEK unutilized revolving credit facility. These results reflect a successful execution of the company’s strategy to scale high-quality indie publishing and leverage its established live-service portfolio.