Enhanced Group Inc. Class A (ENHA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and thank you for standing by. Welcome to Enhanced Group's second quarter 2026 earning conference call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. Please note that this call is being recorded today, August 13, 2026. I'll now turn the call over to Chris Jones, Head of Communications for Enhanced. Thank you, and good afternoon, everyone. We appreciate you joining us today. Speaking on the call today are Maximilian Martin, Chief Executive Officer, and Siddhartha Banthiya, Chief Financial Officer for Enhanced. Earlier this afternoon, we issued our second quarter 2026 earnings results press release, available in the investor relations section of our website, along with our quarterly report on Form 10-Q filed with the SEC. Thank you for joining us. We will also refer to adjusted EBITDA, a non-gap financial measure. A reconciliation to net loss, the most directly comparable gap measure, is included in our press release. With that, I'll turn the call over to Max. Thank you, Chris, and good afternoon, everyone. Thank you as well from my side for joining us today. Siddhartha Banthiya We began the year focused on completing our business combination with A Paradise Acquisition Corp., which we disclosed in Q4 of 2025. We closed the BCA within a matter of months with Enhance ringing the bell at the NYSE in May. Three weeks later, we staged the inaugural Enhance Games, an event that became the first medically supervised sporting event allowing enhancement. Despite our critics doing everything to castigate and in some cases block our event, our athletes and staff persevered. We completed a first-o...