Interim report
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Freetrailer Group A/S · CVR: 28891938 · Dampfærgevej 10, 5th Floor · DK-2100 Copenhagen Ø www.freetrailer.com · Spotlight Stock Market: MTF Shares · ISIN: FREETR - DK0061026119 QUARTERLY REPORT Q2 | 1 April 2026 – 30 June 2026
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The company Freetrailer Group A/S Dampfærgevej 10, 5th floor DK-2100 Copenhagen Ø CVR no. 28891938 Date of incorporation 1 July 2005 Registered office Copenhagen Ø Reporting period 1 April 2026 – 30 June 2026 Board of Directors Kræn Østergård Nielsen Anders Birk Jensen Charlotte Bender Jesper Genter Lohmann Executive Management Thomas Zeihlund, Group CEO COMPANY INFORMATION CONTENTS 3 4 5 9 15 16 17 23 24 Brief about Freetrailer Group A/S Highlights in the reporting period CEO Letter Key figures and key ratios for the reporting period Significant events Statement from the Management and Board Quarterly financial statements Freetrailer Group overview Contact 2 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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132 264 520 991 292 Locations 2,199 30 June 2026 Partners 323 30 June 2026 Rentals 1,828,618 in the past 12 months Verified app users 1,308,279 30 June 2026 Rental products in operation 7,268 30 June 2026 BRIEF ABOUT FREETRAILER GROUP A/S Freetrailer Group is a Danish technology company with a mission to make it easy to reserve and borrow a trailer for free via a digital self-service platform. With a 100% self-service solution via the Freetrailer app and electronic lock, Freetrailer’s partners and their customers enjoy maximum flexibility. Freetrailer has more than 1 million registered users on the platform and has positioned itself as Europe’s largest mobility platform for trailers and cargo bikes. Freetrailer Group has a scalable business concept built on an innovative IT platform with global potential. The company was listed on Spotlight Stock Market in 2018 (Ticker: FREETR). Freetrailer Group A/S CVR: 28891938 www.freetrailer.com Spotlight Stock Market: MTF Shares ISIN: FREETR – DK0061026119 3 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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Net revenue 49,953.5 39,641.6 Growth: 26.0% Q2 2025 Q2 2026 EBIT 8 , 7 7 5 . 0 1 0 , 9 4 7 . 5 Growth: -19.8% Q2 2025 Q2 2026 Profit before tax 7 , 5 6 4 . 5 9 , 3 0 0 . 0 Growth: -18.7% Q2 2025 Q2 2026 HIGHLIGHTS IN FREETRAILER Rental products in operation 7 , 2 6 8 5 , 8 7 6 Growth: 23.7% Q2 2025 Q2 2026 Rentals 559,333 4 5 7 , 4 1 8 Growth: 22.3% Q2 2025 Q2 2026 Activity Q2 2026 Financial performance Q2 2026 / DKK 1,000 Rentals Q2 2024-2026 Utilisation rate 8 7 . 8 % 8 8 . 6 % Growth: -0.8pp Q2 2025 Q2 2026 April May June 2024 20262025 182,333 144,552 122,146 198,254 158,302 139,411 178,756 154,564 138,549 4 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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During my three years as Chairman of the Board, and particularly since taking over as CEO in February this year, I have seen first-hand what makes Freetrailer’s proposition so compelling: an easy-to-implement, scalable shared-economy transport solution with broad consumer appeal that creates significant commercial value for our partners. Every day, and particularly through the challenges we have faced and overcome, I have also seen the commitment of our employees and the strength of the team behind Freetrailer. It is therefore with both humility and pride that I present our Q2 2026 results. Freetrailer is focused on succeeding across all markets Over a number of years, Freetrailer has demonstrated its ability to generate growth and demand across the Nordic markets, with Denmark recording the highest number of rentals, Sweden the most locations and CONTINUED MOMENTUM PAVES THE WAY FOR A NEW GROWTH STRATEGY CEO LETTER Dear investors, employees, partners and customers of Freetrailer, 5 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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Norway delivering exceptional growth this year. We are now building on our strong Nordic position to grow across all five markets, not least Germany, which the Board and I consider Freetrailer’s most important growth market. With solid growth already achieved and further growth expected, long-term financial backing and realistic ambitions, we are now embarking on a controlled transformation. Targeted expansion plans, a new brand identity and communications platform to be launched shortly, together with a range of other initiatives, will bring us even closer to hundreds of thousands of end users and our growing portfolio of national and regional partners. This year, we have successfully strengthened and expanded our customer relationships while continuing to grow the business. Throughout the spring and summer, we have also laid a solid foundation for the implementation of Management’s new strategy, which we look forward to presenting on 17 September. Investing now to support long-term growth While today’s results include an upgrade to our guidance, strong revenue growth and a DKK 20 million share buyback, we have also delivered a slightly lower bottom line than in the same period last year. This reflects a deliberate choice. Celebrating July’s traffic figures. Another rental record! Our expansion into new markets, investment in additional rental products and the build-up of a larger organisation naturally entail costs and depreciation before the full impact is reflected in higher revenue and earnings. We have deliberately chosen to accept slightly lower earnings in the short term to support long-term growth and increase our future earnings potential. We are now seeing progress and increased momen- tum across virtually all areas, and this is increasingly reflected in our financial performance. In the first six months of the year, revenue grew by 26.2%, while EBIT amounted to DKK 10.2 million. Upgrading guidance and launching share buyback Based on the current positive development, we are upgrading our guidance for the full year. Revenue guidance is raised to DKK 178–185 million (previously DKK 168–178 million), while EBIT guidance is raised and narrowed to DKK 27–32 million (previously DKK 20–30 million), compared with DKK 26.9 million in 2025. At the same time, we are launching a share buyback programme of up to DKK 20 million, running until 31 December 2026. Further details are provided in a separate company announcement. Freetrailer completed a total of 559,333 rentals in Q2, significantly expanded its fleet of trailers, and momen - tum has continued since the end of the reporting period. In July, we passed another milestone with 200,000 rentals in a single month. This shows us that demand keeps pace as we increase capacity and make Freetrailer’s solution more widely available. More rental products are not, however, an objective in themselves. Each one must be placed in the right location, activated quickly and create value for users, partners and shareholders alike. 6 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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Freetrailer on Tour – closer partnerships Our growth model is not simply about entering into new partnerships. It is also about becoming a more integrated part of our existing partners’ customer proposition. When a partner expands the relationship with more locations, greater capacity or new product types, we see this as a strong endorsement of the partnership. It demonstrates that Freetrailer meets a genuine need for both the partner and its customers. We continuously invest in strengthening our relation- ships with both users and partners. In 2026, we therefore launched the Freetrailer on Tour event concept, bringing us closer to both target groups. During the period, we held 15 events, with around 20 more planned. At the same time, we are increasingly seeing partners proactively invite Freetrailer to take part in special activities and on days with particularly high customer traffic, helping to highlight the additional service they offer their customers through the Freetrailer concept. I am particularly pleased to see Freetrailer becoming part of these occasions. It shows that Freetrailer is becoming increasingly integrated into our partners’ businesses and customer experience. This direct contact also gives us an increasingly valuable understanding of users’ needs and behaviour. Technology makes Freetrailer scalable. But it is our relationships with partners and users that make us relevant. Freetrailer must be there when the need arises For many people, a trailer is not part of everyday life. It is typically needed for specific occasions such as DIY projects, moving home, gardening and similar activities. The typical customer may only need one a few times a year, so to meet demand effectively, Freetrailer’s solution must always be as close to the customer as possible, easy to recognise and easy to use. Over recent months, we have therefore developed a new brand and communications platform, which will be rolled out in the autumn. The platform will give Freetrailer a clearer personality and create more consistent communication across markets and touchpoints. We will also step up our communications. A stronger brand and greater awareness of our story and value proposition will make it easier for us to expand into new markets, bring us closer to users and increase the value we create for our partners. Freetrailer on Tour brings us closer to both partners and users. 7 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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New strategy to guide Freetrailer towards 2030 In addition to the strong results and growth initiatives that characterised the quarter, Q2 also saw extensive work by the Board of Directors and Senior Leadership Team to develop our new strategy, which will guide Freetrailer towards 2030. As previously announced, we will present the new strategy on 17 September 2026. The strategy will set the direction for how we build on our momentum and accelerate our progress. We will sharpen our focus on where we invest, how we develop our markets and how we translate growth into long- term value. We enter the next phase with a stronger market position, financial strength and a high level of activity, as well as a clear understanding of the task ahead. We will increase activity across our growing fleet. We will increase our focus and ambition in Germany, and we will build even deeper relationships with both partners and users. Thank you for your attention. Thomas Zeihlund MOMENTUM IS BUILDING. NOW, TOGETHER, WE NEED TO TURN IT INTO SOMETHING BIGGER. Thomas Zeihlund Group CEO 8 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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KEY FIGURES AND KEY RATIOS FOR THE REPORTING PERIOD Revenue growth: Revenue for Q2 2026 amounted to DKK 50.0 million, compared with DKK 39.6 million in the same period last year, representing growth of 26.0%. Revenue for Q2 2026 amounted to DKK 50.0 million, compared with DKK 39.6 million in the same period last year, representing growth of 26.0%. Growth was driven by a significant rollout of new rental products to our partners across all markets. The rollout has taken place at an unprecedented pace, with user demand growing at almost the same rate, supported by increased activity and communication aimed at users across all markets. Measured by number of rentals, Denmark remains the Group’s largest market, while Sweden and Norway in particular are contributing significant growth. The Netherlands continues to build from a smaller base, while Germany continues to deliver high relative growth rates. The number of rentals increased by 22.3% in Q2 compared with the same period last year, while the number of rental products at the end of June was 23.7% higher year on year. This development supports the continued scaling of Freetrailer’s platform. For the first half of 2026, revenue amounted to DKK 85.7 million, compared with DKK 67.9 million last year, representing growth of 26.2%. EBIT EBIT amounted to DKK 8.8 million in Q2 2026, compared with DKK 10.9 million in the same period last year. This represents a decrease of 19.8% and an EBIT margin of 17.6%, compared with 27.6% in Q2 last year. For the first half of the year, the EBIT margin was 11.9%, compared with 18.7% last year. Earnings were affected by a number of one-off costs related to the ongoing strategy process, write-downs of locks and organisational changes, 16.8 20.6 31.7 39.6 50.0 15.5 17.0 22.4 28.3 35.7 19.7 26.5 33.2 41.8 17. 8 25.3 28.4 34.5 Q1 Q4Q3Q2 QUARTERLY REVENUE (DKK MILLION) 2026 2022 2023 2024 2025 9 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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THE GROUP’S DEVELOPMENT IN KEY FIGURES AND KEY RATIOS Key ratios for the reporting period Q2 01-04-2026 30-06-2026 Q2 01-04-2025 30-06-2025 Change Q2 YTD 01-01-2026 30-06-2026 YTD 01-01-2025 30-06-2025 Change YTD KEY FIGURES Net revenue 49,953,458 39,641,550 26.0% 85,656,056 67,892,559 26.2% EBITDA 17,703,289 33,227,578 -46.7% 26,910,292 36,277,332 -25.8% EBIT 8,775,036 10,947,548 -19.8% 10,177,319 12,693,557 -19.8% Profit before tax 7,564,489 9,300,020 -18.7% 8,021,991 10,666,426 -24.8% Profit after tax 5,493,331 7,175,973 -23.4% 5,551,471 8,027,466 -30.8% Cash and cash equivalents 41,887,280 30,509,500 37.3% 41,887,280 30,509,500 37.3% Total assets 167,290,599 130,680,890 28.0% 167,290,599 130,680,890 28.0% Equity 62,435,714 44,013,754 41.9% 62,435,714 44,013,754 41.9% KEY RATIOS Number of shares free float 9,531,265 9,429,076 1.1% 9,531,265 9,429,076 1.1% Freetrailer shares 146,309 248,498 -41.1% 146,309 248,498 -41.1% EPS 0.58 0.76 -24.3% 0.58 0.85 -31.6% EPS (diluted) 0.57 0.74 -23.4% 0.57 0.83 -30.8% Number of rentals 559,333 457,418 22.3% 946,652 783,271 20.9% Equity ratio (%) 37.3% 33.7% 10.8% 37.3% 33.7% 10.8% EBITDA margin (%) 35.5% 83.8% -57.7% 31.4% 53.4% -41.2% EBIT margin (%) 17.6% 27.6% -36.3% 11.9% 18.7% -36.4% amounting to DKK 4.5 million in Q2. Costs were also impacted by the continued scaling of the organisation, particularly within Tech and Sales, as well as delivery and wrapping costs associated with the significant expansion of the rental product base. Depreciation also remained high, reflecting continued investment in the growing rental portfolio and technology platform. Freetrailer remains firmly focused on profitable growth and expects the investments made to support long-term earnings and the continued scaling of the platform. Capital structure Equity amounted to DKK 62.4 million at 30 June 2026, compared with DKK 44.0 million a year earlier, representing an increase of 41.9%. The equity ratio was 37.3%, compared with 33.7% at 30 June 2025. 2025 2026 Q2 DEVELOPMENT Net revenue DKK million 26.0% EBITDA DKK million -46.7% EBIT DKK million -19.8% Profit after tax DKK million -23.4% Number of rentals 22.3% 39.6 50.0 33.2 17.7 10.9 8.8 7. 2 5.5 457,418 559,333 10 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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Total assets increased to DKK 167.3 million from DKK 130.7 million a year earlier, partly reflecting the continued expansion of the rental portfolio. Property, plant and equipment amounted to DKK 79.2 million, compared with DKK 63.2 million a year earlier. Cash and cash equivalents amounted to DKK 41.9 million at the end of June, compared with DKK 30.5 million a year earlier. Earnings per share (EPS) amounted to DKK 0.58 for the first half of the year, compared with DKK 0.85 in the same period last year. Freetrailer continues to consider its capital resources solid and well aligned with the company’s growth plans and investment levels. Uncertainty relating to recognition or measurement There are no material uncertainties relating to recognition or measurement. The company’s risk profile is supported by long-term partner agreements that are largely aligned with the lease terms of the rental portfolio. In addition, a significant proportion of the interest rate risk has been mitigated through fixed-rate financing agreements. Profit before tax Profit before tax amounted to DKK 7.6 million in Q2 2026, compared with DKK 9.3 million in the same period last year. For the first half of the year, profit before tax amounted to DKK 8.0 million, compared with DKK 10.7 million last year, representing a decrease of 24.8%. Events after the end of the quarter Since the end of the quarter, Freetrailer has published traffic figures for June and July, entered into new and expanded partnerships and continued to expand its rental product base. In early August, Freetrailer exceeded 200,000 rentals in a single month for the first time, while the rental product base surpassed 7,500 products. Unusual circumstances There were no unusual circumstances during the reporting period that affected the recognition or measurement of the period’s results or the company’s financial position. 11 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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DEVELOPMENT IN NUMBER OF RENTALS * 01-04-2026 30-06-2026 01-04-2025 30-06-2025 Change in the period Change in the period % 01-01-2026 30-06-2026 01-01-2025 30-06-2025 Change in the period Change in the period % Denmark 225,679 204,846 20,833 10.2% 395,155 367,271 27,884 7.6% Sweden 211,336 166,870 44,466 26.6% 346,054 278,130 67,924 24.4% Norway 89,955 70,066 19,889 28.4% 146,285 113,141 33,144 29.3% Germany 13,695 9,666 4,029 41.7% 26,601 18,454 8,147 44.1% Netherlands 18,668 5,970 12,698 212.7% 32,557 6,275 26,282 418.8% Total 559,333 457,418 101,915 22.3% 946,652 783,271 163,381 20.9% *Includes all products NUMBER OF RENTALS Q2 2026 Netherlands Denmark Sweden Norway Germany Growth in number of rentals The number of rentals in Q2 2026 was 559,333, compared with 457,418 in the same period last year, representing growth of 22.3%. In the first half of the year, 946,652 rentals were completed, compared with 783,271 last year, representing growth of 20.9%. Growth was broad-based across the markets. Sweden delivered the largest absolute increase in Q2, with 44,466 additional rentals, representing growth of 26.6%. Norway grew by 28.4%, while Germany increased by 41.7%. The Netherlands continued to build momentum, reaching 18,668 rentals in Q2, compared with 5,970 a year earlier, representing growth of 212.7%. Denmark recorded 225,679 rentals during the quarter, representing growth of 10.2%. For the first half of the year, the overall utilisation rate was 76.6%, compared with 78.0% last year. Denmark continued to have the highest utilisation rate at 94.4%, compared with 91.6% a year earlier. Norway increased to 80.5% from 76.3%, while the Netherlands rose significantly to 61.6% from 30.5%. Sweden recorded a utilisation rate of 70.3%, compared with 72.3% last year, while Germany stood at 29.8%, compared with 36.6%. This development partly reflects the significant expansion of the rental product base, particularly in Sweden and Germany. 12 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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RENTAL KEY FIGURES * Number of rental products 30-06-2026 Number of rental products 30-06-2025 Number of rentals 01-01-2026 30-06-2026 Number of rentals 01-01-2025 30-06-2025 Utilisation rate 01-01-2026 30-06-2026 Utilisation rate 01-01-2025 30-06-2025 Denmark 2,415 2,248 395,155 367,271 94.4% 91.6% Sweden 2,886 2,246 346,054 278,130 70.3% 72.3% Norway 1,073 847 146,285 113,141 80.5% 76.3% Germany 568 308 26,601 18,454 29.8% 36.6% Netherlands 326 227 32,557 6,275 61.6% 30.5% Total 7,268 5,876 946,652 783,271 76.6% 78.0% *Includes all products DEVELOPMENT IN NUMBER OF RENTAL PRODUCTS * 30-06-2026 31-03-2026 31-12-2025 30-06-2025 Change 01-04-2026 30-06-2026 Change 01-01-2026 30-06-2026 Change 01-07-2025 30-06-2026 Denmark 2,415 2,328 2,211 2,248 3.7% 9.2% 7.4% Sweden 2,886 2,647 2,556 2,246 9.0% 12.9% 28.5% Norway 1,073 991 936 847 8.3% 14.6% 26.7% Germany 568 445 420 308 27.6% 35.2% 84.4% Netherlands 326 317 258 227 2.8% 26.4% 43.6% Total 7,268 6,728 6,381 5,876 8.0% 13.9% 23.7% *Includes all products 7,268 Q2 2026 5,876 Q2 2025 45+55+A +23.7% growth in rental products Growth in the rental portfolio The number of rental products increased to 7,268 at the end of Q2 2026, compared with 5,876 a year earlier, representing growth of 23.7%. During Q2, the rental product base expanded by 540 products, representing growth of 8.0% since the end of March. Expansion was particularly strong in Sweden, Norway and Germany. Sweden added 239 products during the quarter, bringing the total to 2,886, Norway added 82 to reach 1,073, and Germany added 123 to reach 568. Germany recorded the highest relative growth in the rental product base, up 84.4% over the past 12 months, while the Netherlands grew by 43.6%. Sweden and Norway grew by 28.5% and 26.7%, respectively. Denmark recorded more moderate growth of 7.4% over the past 12 months, while maintaining the highest utilisation rate in the Group. 13 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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5-YEAR RENTAL HISTORY 2022 TO 2026 5-YEAR RENTAL HISTORY BY COUNTRY 2022 TO 2026 Netherlands Denmark Sweden Norway Germany 2022-06 2023-06 2024-06 2025-06 2026-06 435,524 464,511 624,207 733,045 777,667 63,769 96,210 162,249 224,834 285,485 264,707 326,359 465,181 541,690 662,977 N/A N/A N/A 6,275 52,6116,286 20,794 26,529 35,125 49,892 2022-06 2023-06 2024-06 2025-06 2026-06 770,286 907,874 1,278,166 1,540,969 1,828,632 Rolling 12-month rentals At the end of June 2026, Freetrailer reached 1,828,618 rentals on a rolling 12-month basis, compared with 1,540,969 a year earlier. This represents growth of 18.7%. Sweden and Norway delivered the largest absolute contributions to growth outside Denmark, while Germany grew by 42.0%. The Netherlands increased to 52,605 rolling 12-month rentals and remains at an early stage of scaling. This development highlights the increasingly broad geographic base of Freetrailer’s growth, although Denmark and Sweden continue to account for the majority of the Group’s overall activity. +22.5% CAGR 14 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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SIGNIFICANT EVENTS Q2 2026 Events during the reporting period 1 April 2026 Freetrailer reports 18.9% growth in number of rentals in Q1 2026 22 April 2026 Notice of Annual General Meeting of Freetrailer Group A/S 1 May 2026 Traffic figures April 2026: Freetrailer delivers 182,331 rentals and maintains strong growth 8 May 2026 Freetrailer Group reports summary from the Annual General Meeting 22 May 2026 Freetrailer raises revenue guidance for 2026 following 26.4% growth in Q1 27 May 2026 Freetrailer and Byggmax to end partnership in spring 2027 1 June 2026 Traffic figures May 2026: Freetrailer delivers 198,248 rentals and breaks daily records multiple times 2 June 2026 Freetrailer builds on global agreement and accelerates growth in Germany 17 June 2026 Freetrailer and Elgiganten expand partnership to meet strong customer demand 19 June 2026 Freetrailer and Møbelkompagniet expand partnership 22 June 2026 Freetrailer enters nationwide agreement with Elkjøp in Norway with 85 trailers Events after the end of the quarter 1 July 2026 Traffic figures June 2026: Freetrailer increases the number of rental products by 23.7% compared to last year while maintaining strong activity 3 July 2026 Freetrailer and jem & fix Denmark expand successful partnership while continuing to deliver high customer satisfaction 11 July 2026 Freetrailer strengthens German presence with Storage24 partnership 3 August 2026 Freetrailer sets new monthly record with more than 200,000 rentals and reaches milestone of 7,500 rental products in the market 26 August 2026 jem & fix expands Freetrailer partnership nationwide to support continued growth in Sweden Financial calendar 26 November 2026 Q3 report 2026 25 February 2027 Q4 report 2026 Auditing This quarterly report has not been audited by the company’s auditors. 15 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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STATEMENT FROM THE MANAGEMENT AND BOARD It is our opinion that this quarterly report gives a true and fair view of the Group’s financial position as at 30 June 2026. Copenhagen Ø, 28 August 2026 Executive Management Thomas Zeihlund Group CEO Board of Directors Kræn Østergård Nielsen Chairman of the Board Anders Birk Jensen Member of the Board Charlotte Bender Member of the Board Jesper Genter Lohmann Member of the Board 16 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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QUARTERLY REPORT Q2 | 1 April 2026 – 30 June 2026 GROUP INCOME STATEMENT DKK YTD 01-01-2026 30-06-2026 YTD 01-01-2025 30-06-2025 Q2 01-04-2026 30-06-2026 Q2 01-04-2025 30-06-2025 Last full year 2025 Net revenue 85,656,056 67,892,559 49,953,458 39,641,550 144,095,646 Other operating income 0 273,944 0 273,944 338,683 Costs for raw materials and auxiliary materials -17,136,556 -5,933 -9,951,645 9,864,227 -13,646,238 Other external costs -13,471,557 -10,677,176 -8,125,444 -4,562,004 -21,678,359 Gross profit/loss 55,047,943 57,483,394 31,876,369 45,217,717 109,109,732 Staff costs -28,137,651 -21,206,061 -14,173,079 -11,990,139 -42,631,403 Depreciation and amortisation of tangible and intangible fixed assets -16,732,973 -23,583,776 -8,928,254 -22,280,030 -39,618,226 Other operating costs 0 0 0 0 0 EBIT 10,177,319 12,693,557 8,775,036 10,947,548 26,860,103 Income from shares in affiliated and associated companies 0 0 0 0 0 Financial income 114,592 51,633 32.243 -122,191 256,421 Financial expenses -2,269,920 -2,078,764 -1.242.790 -1,525,337 -4,020,214 Profit/loss before tax 8,021,991 10,666,426 7,564,489 9,300,020 23,096,310 Tax on profit/loss for the year -2,470,520 -2,638,960 -2,071,158 -2,124,047 -5,867,817 Profit/loss for the year 5,551,471 8,027,466 5,493,331 7,175,973 17,228,493 17
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GROUP ASSETS DKK 30-06-2026 30-06-2025 Last full year 2025 Intangible fixed assets 10,751,805 7,310,383 9,272,609 Intangible fixed assets 10,751,805 7,310,383 9,272,609 Other property, plant and equipment 78,832,906 62,874,241 68,761,974 Fixtures and furnishings in leased premises 396,233 322,392 420,011 Tangible fixed assets 79,229,139 63,196,633 69,181,985 Shares in capital of affiliated companies 0 0 0 Deposits 797,283 937,215 1,094,026 Financial fixed assets 797,283 937,215 1,094,026 Fixed assets 90,778,227 71,444,231 79,548,620 Raw materials and auxiliary materials 3,363,625 3,342,781 3,328,139 Inventories 3,363,625 3,342,781 3,328,139 Receivables from sales and services 21,369,164 14,290,582 17,707,544 Receivables from affiliated companies 0 0 0 Corporation tax receivable 0 0 0 Other receivables 5,109,975 7,704,162 3,889,889 Tax receivables from affiliated companies 0 0 0 Accruals 4,782,328 3,389,634 4,566,742 Receivables 31,261,467 25,384,378 26,164,175 Cash and cash equivalents 41,887,280 30,509,500 34,652,641 Current assets 76,512,372 59,236,659 64,144,955 Assets 167,290,599 130,680,890 143,693,575 GROUP LIABILITIES DKK 30-06-2026 30-06-2025 Last full year 2025 Company capital 7,258,181 7,258,181 7,258,181 Reserve for net revaluation according to the intrinsic value method 0 0 0 Provision for development costs 7,232,635 5,702,096 7,232,635 Profit carry-forward 47,944,898 31,053,477 42,393,427 Equity 62,435,714 44,013,754 56,884,243 Provisions for deferred tax 3,312,972 2,628,039 3,312,972 Provisions for shares in affiliated companies 0 0 0 Provisions 3,312,972 2,628,039 3,312,972 Lease liabilities 28,565,249 23,907,495 25,418,784 Non-current liabilities 28,565,249 23,907,495 25,418,784 Current portion of long-term debt obligations 30,015,106 21,586,950 26,158,309 Debt to banks 8,810 3,601 5,604 Advance payments received from customers 8,468,852 11,082,625 6,490,121 Suppliers of goods and services 19,049,802 13,731,358 12,083,320 Debts with affiliated companies 0 0 0 Corporate income tax 3,126,017 4,115,065 2,897,360 Other debts, including taxes due and social security contributions 12,308,077 9,612,003 10,442,862 Current debt liabilities 72,976,664 60,131,602 58,077,576 Debt liabilities 101,541,913 84,039,097 83,496,360 Liabilities 167,290,599 130,680,890 143,693,575 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026 18
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GROUP CASH FLOW ANALYSIS DKK 01-01-2026 30-06-2026 01-01-2025 30-06-2025 Profit/loss 5,551,471 8,027,466 Tax on profit/loss 2,470,520 2,638,960 Profit/loss from subsidiaries 0 0 Reversed depreciation 16,732,973 23,583,776 Reversed other operating expenses and other operating income 0 -273,944 Receivables -5,097,293 -16,046,439 Equity adjustment 0 0 Intermediate subsidiaries 0 0 Inventories -35,485 -649,960 Accounts payable 6,966,482 10,644,752 Other debts 4,689,708 7,841,945 Cash flow from ordinary operations 31,278,376 35,766,556 Paid corporation tax -3,087,626 -126,588 Cash flow from operating activities 28,190,750 35,639,968 Investment Acquisitions/disposals of assets -28,259,323 -26,713,426 Deposits 296,744 -562,715 Financial fixed assets 0 0 Cash flow from investing activities -27,962,579 -27,276,141 Financing Line of credit 3,206 -14,633 Changes in lease liabilities 7,003,262 -1,011,204 Purchase of treasury shares 0 -19,999,994 Sale of treasury shares 0 0 Capital increase, share capital and unrestricted reserves 0 4,227,338 Capital costs 0 -200,000 Cash flow from financing activities 7,006,468 -16,998,493 Total 7,234,639 -8,634,666 Cash and cash equivalents beginning of period 34,652,641 39,144,166 Cash and cash equivalents end of period 41,887,280 30,509,500 Net cash flow 7,234,639 -8,634,666 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026 19
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PARENT COMPANY INCOME STATEMENT DKK YTD 01-01-2026 30-06-2026 YTD 01-01-2025 30-06-2025 Q2 01-04-2026 30-06-2026 Q2 01-04-2025 30-06-2025 Last full year 2025 Net revenue 15,974,186 10,722,619 8,282,177 5,993,807 23,435,966 Other operating income 0 0 0 0 0 Costs for raw materials and auxiliary materials 0 715,935 0 1,311,810 715,935 Other external costs -21,671,589 -14,474,514 -12,210,843 -8,789,347 -31,443,309 Gross profit/loss -5,697,403 -3,035,960 -3,928,666 -1,483,730 -7,291,408 Staff costs 0 235,289 0 385,568 235,289 Depreciation and amortisation of tangible and intangible fixed assets -1,575,454 -768,026 -842,921 -362,111 -2,000,227 Other operating costs 0 0 0 0 0 EBIT -7,272,857 -3,568,697 -4,771,587 -1,460,273 -9,056,346 Income from shares in affiliated and associated companies 11,947,209 12,388,187 9,585,762 9,242,502 27,420,638 Financial income 13,248 -146,370 0 98,173 44,728 Financial expenses -940,055 -1,998,644 -475,120 -1,410,338 -4,239,801 Profit/loss before tax 3,747,545 6,674,476 4,339,055 6,470,064 14,169,219 Tax on profit/loss for the year 1,803,926 1,352,990 1,154,276 705,909 3,059,274 Profit/loss for the year 5,551,471 8,027,466 5,493,331 7,175,973 17,228,493 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026 20
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PARENT COMPANY ASSETS DKK 30-06-2026 30-06-2025 Last full year 2025 Intangible fixed assets 10,751,805 7,310,383 9,272,609 Intangible fixed assets 10,751,805 7,310,383 9,272,609 Other property, plant and equipment 936,095 1,045,017 954,943 Fixtures and furnishings in leased premises 396,233 322,392 420,011 Tangible fixed assets 1,332,328 1,367,409 1,374,954 Shares in capital of affiliated companies 112,162,619 82,972,793 100,215,403 Deposits 642,316 937,215 939,060 Financial fixed assets 112,804,935 83,910,008 101,154,463 Fixed assets 124,889,068 92,587,800 111,802,026 Raw materials and auxiliary materials 0 0 0 Inventories 0 0 0 Receivables from sales and services 0 0 0 Receivables from affiliated companies 0 2,172,104 5,467,039 Corporation tax receivable 0 0 0 Other receivables 3,129,779 6,097,673 2,256,925 Tax receivables from affiliated companies 4,229,498 5,035,840 2,123,572 Accruals 147,658 241,678 217,557 Receivables 7,506,935 13,547,295 10,065,093 Cash and cash equivalents 396,694 89,206 671,155 Current assets 7,903,629 13,636,501 10,736,248 Assets 132,792,697 106,224,301 122,538,274 PARENT COMPANY LIABILITIES DKK 30-06-2026 30-06-2025 Last full year 2025 Company capital 7,258,181 7,258,181 7,258,181 Reserve for net revaluation according to the intrinsic value method 75,015,200 75,015,200 90,612,938 Provision for development costs 7,232,635 5,702,096 7,232,635 Profit carry-forward -27,070,302 -43,961,723 -48,219,511 Equity 62,435,714 44,013,754 56,884,243 Provisions for deferred tax 2,219,791 1,802,503 2,219,791 Provisions for shares in affiliated companies 0 2,175 2,640 Provisions 2,219,791 1,804,678 2,222,431 Lease liabilities 0 0 0 Non-current liabilities 0 0 0 Current portion of long-term debt obligations 0 0 0 Debt to banks 0 239 0 Advance payments received from customers 0 0 0 Suppliers of goods and services 1,430,216 196,772 294,597 Debts with affiliated companies 66,116,976 58,345,470 62,547,003 Corporate income tax 0 1,763,388 0 Other debts, including taxes due and social security contributions 590,000 100,000 590,000 Current debt liabilities 68,137,192 60,405,869 63,431,600 Debt liabilities 68,137,192 60,405,869 63,431,600 Liabilities 132,792,697 106,224,301 122,538,274 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026 21
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PARENT COMPANY CASH FLOW ANALYSIS DKK 01-01-2026 30-06-2026 01-01-2025 30-06-2025 Profit/loss 5,551,471 8,027,466 Tax on profit/loss -1,803,926 -1,352,990 Profit/loss from subsidiaries -11,947,209 -12,388,187 Reversed depreciation 1,575,454 768,026 Reversed other operating expenses and other operating income 0 0 Receivables -802,955 -3,847,617 Equity adjustment 0 0 Intermediate subsidiaries 9,034,372 29,316,931 Inventories 0 0 Accounts payable 1,135,612 -65,785 Other debts 0 1,351,284 Cash flow from ordinary operations 2,742,819 21,809,128 Paid corporation tax -302,000 -150,000 Cash flow from operating activities 2,440,819 21,659,128 Investment Acquisitions/disposals of assets -3,012,024 -4,718,657 Deposits 296,744 -12,500 Financial fixed assets 0 -1,016,692 Cash flow from investing activities -2,715,280 -5,747,849 Financing Line of credit 0 1 Changes in lease liabilities 0 0 Purchase of treasury shares 0 -19,999,994 Sale of treasury shares 0 0 Capital increase, share capital and unrestricted reserves 0 4,227,338 Capital costs 0 -200,000 Cash flow from financing activities 0 -15,972,655 Total -274,461 -61,376 Cash and cash equivalents beginning of period 671,155 150,582 Cash and cash equivalents end of period 396,694 89,206 Net cash flow -274,461 -61,376 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026 22
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Freetrailer Group A/S CVR 28891938 Freetrailer Norge AS ID 915462790 The Group’s Norwegian activities are operated through this company. Freetrailer Sverige AB ID 5567696108 The Group’s Swedish activities are operated through this company. Freetrailer Poland Sp. Z.o.o Company for the Group’s activities in the Polish market. WoogieWoogie ApS CVR 30208765 Passive company established for the development of other sharing economy services. Freetrailer Danmark ApS CVR 27626661 The Group’s Danish activities are operated through this company. FTG Freetrailer Deutschland GmbH 9024326567 The Group’s German activities are operated through this company. Freetrailer Netherlands B.V. KVK-nummer: 94665869 The Group’s Dutch activities are operated through this company. Freetrailer Rental ApS CVR 37519677 Company for the financing of trailers for use in the Group’s operating companies. 100% Active companies Other companies FREETRAILER GROUP OVERVIEW “Freetrailer Group A/S” or “the company” refers to the Group (CVR 28891938), headquartered in Copenhagen, Denmark. The Freetrailer Group consists of: Freetrailer Danmark ApS, Freetrailer Sverige AB, Freetrailer Norge AS, FTG Freetrailer Deutschland GmbH, Freetrailer Netherlands B.V., Freetrailer Rental ApS, Freetrailer Poland Sp. Z.o.o., and WoogieWoogie ApS. Freetrailer Group A/S is the parent company of the Group. 23 Freetrailer Group A/S | Quarterly Report Q2 | 1 April 2026 – 30 June 2026
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CONTACT Freetrailer Group A/S Dampfærgevej 10, 5th Floor DK-2100 Copenhagen Ø Email: aktie@freetrailer.com www.freetrailer.com Spotlight Stock Market: MTF Shares ISIN: FREETR – DK0061026119 24