Flexion Mobile (FLEXM) investor relations material

Executive summary

• Achieved structural transformation by integrating Markets, Direct, and Creators into a unified brand, Exprexion, resulting in a leaner, more efficient organization.

• Positive adjusted EBITDA for the third consecutive quarter, reversing prior year losses.

• Completed wind-down of non-gaming influencer verticals and talent management, with restructuring costs impacting near-term cash flow.

Financial highlights

• Total revenue for H1 2026 was GBP 34.9m, flat year-on-year; gross profit was GBP 4.4m, down 2% year-on-year.

• Adjusted EBITDA improved by GBP 1.0m to GBP 0.40m year-on-year.

• Net profit reached GBP 0.63m, up from a loss of GBP 1.18m in H1 2025.

• Operating cash flow increased to GBP 1.12m from GBP 0.37m year-on-year.

• Cash reserves stood at GBP 14.6m as of June 30, 2026, with no debt.

Outlook and guidance

• Anticipates continued operational and financial strength in H2 2026, with a focus on expanding the game portfolio and leveraging open market competition.

• Expects recovery in Creators segment sales and further benefits from cost efficiencies in H2.

• Well-positioned to capitalize on regulatory shifts favoring alternative app stores and payment methods.