Elumeo Se · XETR:ELB
Elumeo — H1 2026 Earnings Presentation
17 slides from Elumeo's earnings presentation, Aug 26, 2026
Slide 1: H1 2026 Financial Earnings Presentation
H1 2026 Financial Earnings Presentation August 26, 2026 1
Slide 2: Table of contents
Table of contents 01 elumeo at a glance 02 Key developments in H1 2026 03 Financials in H1 2026 04 Outlook 2
Slide 3: elumeo: emotional shopping experience with integrated value chain on AI platform
elumeo We combine emotional shopping experience with our integrated value chain on our AI-tech-platform Emotional video shopping Elumeo sells real gemstone jewelry. Via our video-based channels and formats, we provide an emotional and inspirational shopping experience. Our sales shows reach a large
Slide 4: Video-shopping is more relevant than ever
elumeo Video-shopping is more relevant than ever Best-Ager continue to Mobile “PocketTV” Videos in webshops on enjoy TV Experience the rise 95% of Best-Ager continue to watch Mobile Commerce makes 60% of e- Non-linear video content is changing traditional linear TV on a regular basis commerce and se
Slide 5: elumeo SE returns to profitability thanks to the restructuring
Q1 2026 elumeo SE returns to profitability in H1 2026 thanks to the restructuring successfully executed in April 2025 Revenue Gross profit SG & A reduction Adj. EBITDA In m EUR In m EUR In m EUR In k EUR -3,8% +4,2% -4,8% 20 -478 20,2 19,5 9,3 9,7 10,7 10,2 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 H1
Slide 6: Table of contents
Table of contents 01 elumeo at a glance 02 Key developments in H1 2026 03 Financials H1 2026 04 Outlook 6
Slide 7: TV & Online: reduced pieces sold, focused on higher price points and high-value customers
TV & Online As planned, in all sales channels we reduced the volume of pieces sold and focused on more profitable higher price points and high-value customers Pieces sold Gross profit Average gross profit per piece Gross profit per customer in k in m EUR in EUR in EUR -23% +4% +33% +16% 237 284 182
Slide 8: Cost and efficiency program with 28% decrease in personnel expenses
COST PERFORMANCE elumeo Successful completion of cost and efficiency program with 28% decrease in personnel expenses H1 2026 vs. H1 2024 H1 2024, H1 2025 and H1 2026 – Personnel expenses overview (in m EUR) and in % of revenue Implementation of AI in all - 28% departments Optimized TV airtime, using
Slide 9: elumeo returned to positive adjusted EBITDA for H1 2026
PROFITABILITY elumeo elumeo returned to positive adjusted EBITDA for H1 2026 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Positive Adj. EBITDA 0,2 0,1 0,0 Adjusted -0,05 EBITDA in m EUR -0,18 -0,6 -1,2 9 Source: Finance data
Slide 10: Significant potential for improving gross profit by investing in new product
PRODUCT PROFITABILITY elumeo Significant potential for improving gross profit by investing in new product Live TV Premieres (=new product) airtime share and profit per airtime minute (=ppm) Airtime share of Premieres vs. Gross profit per airtime minute Purchase new products Non-premieres (ppm) H1 20
Slide 11: Optimized online marketing, improving gross profit of new customers by 19%
WEB We have optimized our online marketing and prepared the WEB for scaling by improving gross profit of new customers by 19% Current share of Online Marketing Budget Gross profit of new web customers after first 30 days (30-day-CLV) in H1 2026 vs. H1 2025 In EUR margin 21% +19% 16% 16% 74 14% 62 H1
Slide 12: Focus on profitability & scalability for international channels
#juwelo100 elumeo Focus on profitability & scalability for our international channels We implemented 2 main optimizations Optimized TV reach in Italy, reducing airtime Improved revenue per airtime minute hours per day from 10h to 2h Optimized product portfolio, focussing on products above 50 EUR sel
Slide 13: elumeo filed lawsuit claiming damages in the low three-digit millions
Outlook 2026 elumeo elumeo filed lawsuit claiming damages in the low three-digit millions The restructuring initiated in Q2 2025 was triggered by increased feed-in fees per household in cable networks following the elimination of the so-called ancillary cost privilege (“Nebenkostenprivileg”) for net
Slide 14: Effects – From EBIT to Adjusted EBITDA in H1 2026
Financials elumeo Effects – From EBIT to Adjusted EBITDA in H1 2026 k EUR 100 176 20 0 -156 -100 256 -200 -415 -300 -400 -500 EBIT Depreciation EBITDA Consulting fees Vodafone Adjusted EBITDA 14
Slide 15: Table of contents
Table of contents 01 elumeo at a glance 02 Key developments in H1 2026 03 Financials H1 2026 04 Outlook 15
Slide 16: Outlook 2026: focus on AI-driven efficiencies to maintain profitability
Outlook 2026 elumeo Outlook 2026: Thanks to our focus on AI-driven efficiencies, we expect to maintain profitability despite strong market uncertainties Consumer sentiment index went down in Q2 2026 related to the war in Iran, with conditions starting to Our guidance for 2026 reflects the elevated g
Slide 17: Executive Board and Investor Relations
Executive Board Wolfgang Boyé, Boris Kirn, Dr. Veronika Jäckle - Mittnacht, Dr. Susanne Ries, Christian Senitz Managing Directors Florian Spatz, Boris Kirn Investor Relations Florian Spatz Erkelenzdamm 59/61 10999 Berlin E - Mail: ir@elumeo.com Phone: +49 30 69 59 790 Fax: +49 30 69 59 79 - 650 17