Enad Global 7 AB (publ) (ENADF) Q2 2026 Earnings Call Transcript

Enad Global 7 AB (publ) ( ENADF ) Q2 2026 Earnings Call August 19, 2026 3:00 AM EDT Company Participants Ji Ham - Chief Executive Officer & Director Fredrik Ruden - Group Deputy CEO & CFO Presentation Operator Good morning, everyone, and welcome to EG7's Second Quarter Earnings Call. My name is Robin Landel, and I will be your moderator during this call. With us today, we have Ji Ham, CEO; and Fredrik Ruden, Deputy CEO and CFO, who will guide you through our Q2 earnings release. We will round up this presentation with a Q&A session. And if you have any questions, you can e-mail them to the Investor Relations e-mail. With this, I hand it over to Ji. Ji Ham Chief Executive Officer & Director Thanks, Robin. Good morning, and thank you all for joining us this morning. We will start with the highlights for the quarter and some updates on releases coming up for Q3 as well. And then Fredrik will go through detailed discussion relating to financial performance for the quarter. Then as Robin mentioned, we'll go through the Q&A session. So let's start with the numbers. Next slide, please. For the second quarter, net revenue came in at SEK 475 million, which is 25% higher from last year, 30% growth in constant currency. Adjusted EBITDA at SEK 99 million compared to SEK 37.5 million last year. The margin improved by up to 21% by 1,100 basis points from 10% last year. Net profit came in at SEK 42 million and EPS at SEK 0.52. Operating cash flow was SEK 120 million. This number does include working capital benefit at Fireshine for developer royalties that have to be paid in the third quarter. So if we exclude working capital movement, we're looking at operating cash flow of SEK 94 million.