The Group delivered a strong start to 2026, with continued revenue growth and significantly improved profitability in Q1 2026 compared to Q1 2025. The improvement reflects the positive impact of operational efficiencies implemented during 2025 together with stable business performance across the Group.
| (Thousands SEK) | Jan-Mar 26 | Jan-Mar 25 | % movement | FY 25 |
| Revenue | 38,594 | 37,745 | ▲ 2% | 165,649 |
| EBITDA | 11,888 | 5,323 | ▲ 123% | 33,629 |
| Operating income/(loss) | 5,237 | (787) | ▲ 765% | 6,659 |
| Profit/(Loss) for the period | 5,130 | (946) | ▲ 642% | 5,158 |
| Total assets | 82,866 | 80,450 | ▲ 3% | 81,171 |
| Net assets | 50,879 | 40,843 | ▲ 25% | 45,789 |
| Profit/(Loss) per share, SEK | 0.02 | (0.00) | ▲ 0% | 0.02 |
| Total number of shares | 297,020,539 | 286,647,906 | ▲ 4% | 297,020,539 |
| Average number of shares | 297,020,539 | 286,647,906 | ▲ 4% | 293,649,149 |
SIGNIFICANT EVENTS DURING THE FIRST QUARTER OF 2026
- There have been no events during the first quarter that require adjustment or disclosure in these financial statements.
SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD
- There have been no events after the reporting period that require adjustment or disclosure in these financial statements.
A WORD FROM THE CEO
Dear Shareholders,
The first quarter of 2026 marks an encouraging start to the year and, more importantly, provides early validation of the strategic transition we outlined in our FY 2025 Annual Report.
During Q1, EMB Mission Bound delivered revenue of SEK 38.6 million, representing continued year-on-year growth and a significant improvement in profitability across the Group. EBITDA increased by 123% to SEK 11.9 million, operating income improved to SEK 5.2 million, and profit for the period reached SEK 5.1 million, a substantial improvement compared to the same period last year. These results demonstrate that the operational discipline and strategic realignment implemented throughout 2025 are beginning to translate into stronger financial performance.
Importantly, this performance has been achieved while continuing our deliberate shift away from traditional royalty-based revenues towards a more scalable and resilient business model centred around Technology Access Fees, platform services, and long-term technology partnerships. While royalties remain a complementary part of our business, our focus remains on expanding recurring, platform-led revenue streams that provide greater visibility, deeper client relationships, and stronger long-term economics.
At the centre of this transition is our proprietary EMB RGS platform and wider technology ecosystem. Throughout the quarter, we continued supporting operators with custom platform configurations, integrations, and infrastructure that enable scalable operations across multiple markets. Increasingly, our clients are engaging EMB not simply as a content supplier, but as a long-term technology partner capable of delivering tailored solutions across platform architecture, payments, aggregation, and operational tooling.
One of the clearest indicators of progress during the quarter was the continued growth in service fees and technology access revenues, supported by new client engagements and expanded scope with existing partners. This reinforces our belief that demand is increasingly shifting toward flexible, integrated technology ecosystems, an area in which EMB is well positioned.
At the same time, the operational efficiencies implemented during 2025 are now delivering measurable results. We have maintained disciplined cost management while continuing to invest in core technology capabilities, resulting in materially improved profitability and a stronger operational foundation for future scale. The Group also delivered positive operating cash flow during the quarter, reflecting the underlying health and resilience of the business.
Looking ahead, our priorities for 2026 remain unchanged. We will continue to accelerate the commercialisation of our platform strategy, with a focus on expanding Technology Access Fee agreements, onboarding new platform clients, deepening integrations with existing partners, and continuing to invest in scalable infrastructure and AI-enabled capabilities across our technology stack.
The transition we initiated in 2025 was about building the right foundation. Q1 2026 demonstrates that the foundation is beginning to perform. We remain focused on disciplined execution and believe EMB Mission Bound is increasingly well-positioned to scale sustainably as a technology-led partner within the evolving iGaming ecosystem.
On behalf of the Board and leadership team, I would like to thank our employees, partners, and shareholders for their continued support.
Stockholm, May 29 2026
Chi Ho Li
CEO
FUTURE REPORTING DATES
| AGM | June 11, 2026 |
| Q2 2026 | Aug 21, 2026 |
| Q3 2026 | Nov 20, 2026 |
| Q4 2026 | Mar 19, 2027 |
The full Q1 2026 Interim Report is available at: Here
All financial reports are published on the company’s website, www.embplc.com.
For more information
Andrea Wang
Senior Communications Manager
EMB Mission Bound AB
[email protected]
www.embplc.com
The Company’s Certified Advisor
Corpura Fondkommission AB
About the Company
Founded in 2019 and formerly known as LL Lucky Games, EMB Mission Bound is pioneering a new era of connected entertainment. Focused on the gaming industry, we aim to connect businesses, their customers, and the excitement of play in innovative and transformative ways. The company is listed on the Nasdaq First North Growth Market under the ticker symbol EMB. For more information, please visit: www.embplc.com
This information is information that EMB Mission Bound AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-05-29 10:00 CEST.
