Sweden's Hilbert Group Q2 operating loss widens amid Bitcoin decline

Hilbert AB (publ)

31/08/2026 07:53

Overview
Sweden quantitative investment firm's Q2 revenue fell sharply yr/yr, operating loss widened
Management fee revenue rose 74% quarter-on-quarter despite Bitcoin market decline
Company completed SEK 46 mln share issue to fund growth and platform integration

Outlook
Company did not provide specific financial guidance for future quarters or the full year in the press release

Result Drivers
BITCOIN DECLINE - Co said investment performance remained resilient despite a 14% drop in Bitcoin during the qtr and 26% decline in the first half
MANAGEMENT FEE REVENUE - Management fee revenue rose 74% quarter-on-quarter in USD terms despite Bitcoin market decline
AUM GROWTH - Contracted hedge fund AUM compounded by +136% in Q1 and +8.5% in Q2, with growth in five of the first six months

Company press release: ID:nMFN6TKYGx

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
SEK 3.7 mln
 
Q2 Adjusted Loss Per Share
 
SEK 0.37
 
Q2 Net Loss
 
SEK 44.6 mln
 
Q2 EBIT
 
-SEK 36.3 mln
 

Reuters Recommended Reads
Aug 28 - Swedish economy posts strong growth, consumers more upbeat ahead of election

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)