Eezy (EEZY) Q2 2026 earnings summary

Executive summary

• Revenue increased 2% year-over-year in Q2 2026 to €36.9M, driven by a significant industrial construction project and growth in staffing services, while professional services declined due to lower demand in coaching and consulting.

• EBITDA improved to €2.0M (5.5% margin), reflecting lower personnel and operating expenses from performance improvement programs.

• EBIT turned positive at €0.1M, compared to a loss of €0.4M in Q2 2025.

• Strategic focus remained on core staffing and recruitment services, with discontinuation of doctor and pharmacist staffing businesses.

• Rights issue completed and oversubscribed, raising €10M in gross proceeds to strengthen capital structure.

Financial highlights

• Q2 2026 group revenue: €36.9M (+2% YoY); H1 2026 revenue: €67.8M (-3% YoY).

• Q2 EBITDA: €2.0M (5.5% margin); H1 EBITDA: €3.9M (5.8% margin).

• Q2 EBIT: €0.1M (0.3% margin); H1 EBIT: -€0.05M.

• Q2 EPS: -€0.01; H1 EPS: -€0.02.

• Net cash flow from operating activities before financial items and taxes: -€1.9M (Q2 2026), impacted by €5M VAT payment.

Outlook and guidance

• No formal guidance provided for 2026.

• Focus for H2 2026 on profitable growth, sales competence, and leveraging AI-assisted operating models.

• Long-term targets: chain-wide revenue over €330M, group revenue over €200M, and EBIT above 5% of group revenue by 2028.

• Signs of improvement in the Finnish economy, but geopolitical uncertainty persists.