Published: 8/28/2026 8:27:49 AM

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Finwire about Sociallite US AB (publ): Sociallite Us reports a lower operating result

Technology company Sociallite Us reports no revenue for the second quarter. The operating result showed a smaller loss compared with a profit in the previous period. The figures refer to the parent company, as there is no longer a group relationship following the divestment of previous operations.Revenue amounted to SEK 0.0 million (0.3).The operating result, as well as both profit before and after tax, amounted to SEK -0.1 million (0.6). Cash and cash equivalents amounted to SEK 126,000 (59,000).Work on the planned reverse acquisition of Norwegian Reltime continues. "Due diligence and negotiations on the final transaction documentation are ongoing. The letter of intent entered into is non-binding and conditional on several factors, and there is no guarantee that it will be completed," comments CEO Hampus Rosencranz.At the same time, according to Rosencranz, the company is entering the second half of the year with a simpler structure and low ongoing costs.He describes this as the starting point the company should have ahead of the next step.Sociallite Us, SEK millionQ2-2026Q2-2025ChangeNet sales0.00.3Operating result-0.10.6Operating margin200.0%Profit before tax-0.10.6Net profit-0.10.6Cash and cash equivalents0.130.06116.7%

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