Adverty (ADVT) Q2 2026 earnings summary

Executive summary

• Achieved first-ever positive pre-tax result (EBT) of 0.4 MSEK in Q2 2026, marking a key profitability milestone.

• Revenue grew 79% year-over-year in Q2 to 12.9 MSEK and 54% for H1 to 20.7 MSEK, driven by demand and platform scalability.

• EBITDA positive for third consecutive quarter, reaching 3.4 MSEK in Q2 and 3.7 MSEK for H1, reflecting operational improvements.

• Cost efficiency measures and platform optimizations led to sustained margin improvements and stronger cash flow.

Financial highlights

• Q2 revenue: 12,928 KSEK (up from 7,228 KSEK); H1 revenue: 20,730 KSEK (up from 13,495 KSEK).

• Q2 gross profit: 6,694 KSEK (up from 2,179 KSEK); H1 gross profit: 10,549 KSEK (up from 4,093 KSEK).

• Q2 EBITDA: 3,441 KSEK (up from -2,251 KSEK); H1 EBITDA: 3,732 KSEK (up from -5,060 KSEK).

• Q2 EBIT: 1,112 KSEK (up from -4,376 KSEK); H1 EBIT: -882 KSEK (up from -9,249 KSEK).

• Q2 net result: 436 KSEK (up from -5,158 KSEK); H1 net result: -2,256 KSEK (up from -10,842 KSEK).

Outlook and guidance

• Positive momentum continues into Q3, with average daily USD earnings up 73% year-over-year for the period to date.

• No formal forecast provided, but management expresses confidence in sustained growth and profitability.