Subgen AI H1 FY26 operating loss widens to SEK 26 million; net sales rise 6.1% to SEK 109 million
Reuters2026/08/20 06:08- Subgen AI posted Q2 net sales of SEK 62 million, down 5.6% year over year, citing an unusually strong Q2 2025 comparison.
- EBITDA turned to a loss of SEK 4.9 million, hit by non-recurring costs tied to buying a majority stake in Substrate AI.
- Operating loss widened to SEK 11.9 million; financial expenses jumped to SEK 29.6 million on payments to simplify subsidiary governance.
- First-half net sales rose 6.1% to SEK 109 million; EBITDA swung to a loss of SEK 11 million on the same acquisition-related charges.
- CEO Lorenzo Serratosa said prioritities are scaling Substrate AI and the acquisition and development of Link Securities, after Spanish approval.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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