q.beyond AG (0CHZ) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome, ladies and gentlemen, to the h one earnings call 2026 of q.beyond AG. I would like to welcome the company's CEO, Thijs Rixen, and CFO, Nora Walters, who will guide us through the figures in a moment, followed by a q and a session with audio line and chat. And with that, I already hand over to you, mister Ericsson. Yeah. Thank you, Mara. Yeah. Welcome everybody to the q two call. As usual, Nora and myself represented. I will start with a short introduction and setting the scene, and Nora will give you more insights in the q two numbers. Yeah. We called it the accelerated AI transformation in q two. So what what's the current status? As we are better with AI and the AI progress as planned, but still we are, let's say, suffering a weak demand from from from our from our clients, from the German or European. Adjusted EBITDA is is is as previous level. If you count the 1,000,000 or 900,000 transformation cost we invested in transferring our service desk to Romania and puts puts AI technology in it. So we have 2,500,000 EBITDA, 43 revenues, and a net and then net income of breakeven level. For us, it's not it's I would say it's disappointing. So we we plan different numbers and a different performance, and one part is one part is for sure. It's the economy. One part, the other part, it's it's ourself of the company later. Good is that we have still a full order book, So we did more more order entry in q two as as last year, roughly 2,000,000 or roughly 10%. But still, we are, let's say, we are impacted by by last year's by last year. We see that we that we gain new orders, but still the signing is is underway. It's quite, I would say it's getting more and more complicated to get the signature under the contract. But we know what what is coming, and we know that we...