Revenue

Solar Foods' revenue growth has been sluggish in the last quarter, with a mere EUR 0.1 million increase compared to the same period last year. This underwhelming performance can be attributed to the company's strategic focus on product development and market entry activities, which have led to increased expenses in the sales and marketing department. Despite this, Solar Foods has managed to secure more grant income, which has partially offset the decline in revenue. Looking ahead, the company's revenue is expected to remain stagnant in the short term as it continues to invest in its growth strategy, including the development of its industrial-scale production facility. However, Solar Foods' long-term prospects remain promising, driven by its innovative product offerings and expanding market presence.

The realised revenue for Q2 2026 is 0 million Euros, and the predicted revenue for Q2 2027 (e) is also 0 million Euros. The revenue is expected to remain the same, resulting in no change in millions, and a percentage change of 0%. The revenue is expected to remain the same from 2025 to 2026, resulting in no change in millions. This represents a 0% change in percentage terms. The revenue is expected to decrease by 0.1 million from 2026 to 2027, resulting in a decrease of 0.1 million. This represents a -100% change in percentage terms. The annual revenue values are 0.1 million for 2025, 0.1 million for 2026, and 0.0 million for 2027.

Ebit

Solar Foods' EBIT profitability has been negatively impacted by significant investments in research and development, personnel expenses, and other operating expenses, which have outpaced the company's ability to generate profits. The company's operating loss has been exacerbated by the costs associated with its product development phase, including the construction and commissioning of its industrial-scale production facility. Despite the challenges, Solar Foods' management has emphasized the importance of investing in its growth strategy, which includes expanding its production capacity and enhancing its commercial activities. However, the company's financial performance has been hindered by the need to secure sufficient customer commitments and financing for its future growth plans. As a result, Solar Foods' EBIT profitability remains a key area of focus for the company's management, who are working to balance its investment in growth with the need to achieve profitable operations.

The realised Ebit for Q2 2026 is -3.4 million Euros, while the predicted Ebit for Q2 2027 (e) is also -3.4 million Euros. The expected change in Ebit from Q2 2026 to Q2 2027 (e) is a decrease of 0 million Euros, which translates to a percentage change of 0%. The expected change in Ebit from 2025 to 2026 is a decrease of 3 million Euros, which is a 29% drop. From 2026 to 2027, the expected change is a decrease of 0.1 million Euros, which is a 1% drop. The annual Ebit values are -10.4 million Euros in 2025, -13.4 million Euros in 2026, and -13.3 million Euros in 2027.

Profit befor tax

The realised value of Profit before tax in Q2 2026 is 3.7 million Euros, and the predicted value for Q2 2027 (e) is also 3.7 million Euros. The expected change in Profit before tax from Q2 2026 to Q2 2027 (e) is 0 million Euros, which translates to a percentage change of 0%. The change in Profit before tax from 2025 to 2026 is a decrease of 3.2 million Euros, which is a 28% drop. From 2026 to 2027, the change is a decrease of 0.1 million Euros, which is a 1% drop. The annual values for Profit before tax are -11.5 million Euros in 2025, -14.7 million Euros in 2026, and -14.6 million Euros in 2027.

Profit

The realised profit for Q2 2026 is -3.7 million Euros, while the predicted profit for Q2 2027 (e) is -3.0 million Euros. The expected change in profit from Q2 2026 to Q2 2027 (e) is an increase of 0.7 million Euros, which represents a 18.9% improvement. The profit is expected to decrease by 1.7 million Euros from 2025 to 2026, which is a 15% change. From 2026 to 2027, the profit is expected to decrease by 1.5 million Euros, which is a 11% change. The annual profit values are -11.5 million Euros in 2025, -13.2 million Euros in 2026, and -11.7 million Euros in 2027.