Enad Global 7 Q2 Interim Report 2026

Key insights

7 takeaways

01
Enad Global 7 reported a 25.3% year-over-year increase in net revenue to SEK 474.6 million for Q2 2026.See it on page 9
02
The early access launch of Far Far West by Fireshine generated SEK 118.6 million in revenue, serving as a primary driver for the quarter.See it on page 8
03
Adjusted EBITDA reached SEK 99.4 million, supported by operational efficiency and improved profitability at the Petrol business unit.See it on page 8
04
The company achieved a positive cash flow from operations of SEK 120.5 million, ending the quarter with SEK 344.2 million in total cash and a net cash position of SEK 3.6 million.See it on page 15
05
Operational stability was maintained through consistent performance from Big Blue Bubble’s My Singing Monsters and content updates within the Daybreak and Piranha portfolios.See it on page 7
06
The company resolved tax-related contingent considerations from the Daybreak acquisition during the first half of 2026.See it on page 23
07
In August 2026, the group expanded its development capabilities through the asset acquisition of Cold Iron Studios.See it on page 29

Summary

Enad Global 7 demonstrated significant financial growth during the second quarter of 2026, characterized by a 25.3 percent year-over-year increase in net revenue to SEK 474.6 million. This upward trajectory was supported by an adjusted EBITDA of SEK 99.4 million, reflecting improved operational efficiency across the group’s diverse portfolio. The company’s strategic focus on live-service titles and a robust release pipeline proved effective, particularly with the successful early access launch of Far Far West by Fireshine, which contributed SEK 118.6 million to the quarterly revenue.

Operational performance remained strong across key business units, including Big Blue Bubble’s My Singing Monsters and content updates within the Daybreak and Piranha portfolios. Enhanced profitability at Petrol further bolstered the group’s financial health, resulting in a positive cash flow from operations of SEK 120.5 million. By the close of the quarter, the company achieved a net cash position of SEK 3.6 million, with total cash and cash equivalents reaching SEK 344.2 million.

The company’s broader fiscal strategy for the first half of 2026 included the successful resolution of tax-related contingent considerations stemming from the Daybreak acquisition. Following the conclusion of the second quarter, the organization further expanded its development capabilities through the asset acquisition of Cold Iron Studios in August 2026. These developments underscore a commitment to long-term growth through both organic content delivery and targeted acquisitions, positioning the group to maintain its momentum in the global interactive entertainment market.