Sabio Q2 revenue falls on lower political ad spend

Sabio Holdings

19/08/2026 22:41

Overview
US ad-tech firm's Q2 revenue fell yr/yr, mainly due to lower political and advocacy spending
Core business revenue, excluding political and advocacy, grew 6% yr/yr
Q2 adjusted EBITDA loss widened yr/yr but improved sequentially from Q1

Outlook
Sabio expects Adjusted EBITDA to return to profitability in H2 2026
Company anticipates further margin improvement in H2 2026 from supply terms and political spending
Sabio has secured over $5 mln in political and advocacy commitments for H2 2026

Result Drivers
SHIFT IN REVENUE MIX - Gross margin rose to 61%, driven by improved supply agreements, technology efficiencies and a higher share of programmatic and EMEA revenues
PROGRAMMATIC & EMEA GROWTH - U.S. Programmatic and EMEA revenues rose sharply and accounted for 49% of Q2 gross sales, up from 10% a year earlier
CUSTOMER EXPANSION - Global new customer logos increased 77% yr/yr, with high retention and increased spend among repeat U.S. Programmatic customers

Company press release: ID:nPn4sYrhNa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$8.23 mln
$11.90 mln (2 Analysts)
Q2 Adjusted EBITDA
 
-$2.7 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Sabio Holdings Inc is C$0.50, about 426.3% above its August 17 closing price of C$0.10

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(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.)