Published: 3/2/2026 7:22:41 AM

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Finwire about My Beat AB: My Beat reports decreased revenue and EBITDA loss

The mobile operator My Beat reports decreased revenue and EBITDA loss during the third quarter of its non-calendar fiscal year compared with the same period the year before. As the company has switched to a calendar year starting in 2026, Q3 is shortened to the period November-December 2025.Revenue fell to SEK 2.5 million (4.4).The EBITDA result was SEK -1.0 million (-2.5). The operating result was SEK -4.7 million (-1.9). Profit after tax was SEK -5.1 million (-2.0). Cash flow from operating activities amounted to SEK -0.9 million (0). Cash and cash equivalents amounted to SEK -1.1 million, compared with a positive SEK 41,000 in the same period the year before.CEO Olav Kalve says that the shortened quarter has been characterized by the company's work to resolve long-term financing and that it has had to place the subsidiary TMC Silverstone into bankruptcy."My Beat is in a situation where we no longer have the capacity to invest in growth. After TMC's bankruptcy, sales efforts have been put on pause and customer service has been outsourced to a professional partner in this area. This will continue to be the case until My Beat has implemented the long-term solution we are working on," says Kalve.My Beat, SEK millionQ3-2025/2026Q3-2024/2025ChangeNet sales2.54.4-43.2%EBITDA-1.0-2.5Operating result-4.7-1.9Net income-5.1-2.0Cash flow from operating activities-0.90Cash and cash equivalents-1.10

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