Interim report
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SaltX INTERIM REPORT QUARTER 2 2026 Technology FINANCIAL EVENTS Second quarter Net sales amounted to MSEK 5.9 ( 21.2 ) * Operating profit / loss ( EBIT ) totaled MSEK -22.9 ( -1.8 ) Cash flow from operating activities amounted to MSEK -13.9 ( 9.7 ) Earnings per share before and after dilution amounted to SEK -0.09 ( -0.01 ) Year - to - date January - June Net sales amounted to MSEK 13.8 ( 21.4 ) Operating profit / loss ( EBIT ) totaled MSEK -45.9 ( -24.6 ) ◆ Cash flow from operating activities amounted to MSEK -29.9 ( -8.8 ) Earnings per share before and after dilution amounted to SEK -0.20 ( -0.14 ) KEY FIGURES Group , TSEK Operating profit / loss ( EBIT ) " OUR LONG - TERM WORK TO DEVELOP AND VERIFY THE TECHNOLOGY IS NOW LEADING TO CONCRETE INDUSTRIAL INITIATIVES AND NEW BUSINESS OPPORTUNITIES READ MORE IN THE CEO'S ADDRESS , PAGE 3 Q2 2026 Net sales 5,940 Q2 2025 21,162 YTD 2026 13,812 YTD 2025 21,398 FY 2025 43,990 -22,874 -1,750 -45,863 -24,626 -61,078 Earnings per share before and after dilution -0.09 Equity 184,743 -0.01 161,637 -0.20 -0.14 -0.34 184,743 161,637 227,453 Cash flow from operating activities -13,858 Equity ratio ( equity / balance sheet total ) 88 % 9,715 81 % -29,915 88 % -8,782 81 % -45,663 86 % SIGNIFICANT EVENTS Second quarter ◆ SaltX and Holcim begin industrial testing of electrified cement calcination with positive results The Annual General Meeting was held on April 23 , 2026 , and resolved in accordance with the proposals of the Board of Directors and the Nomination Committee . At the meeting , Sonya Fielding , Anders Forsén , Mercedes Jul and Bengt Steinbrecher were elected as new members of the Board . Tobias Elmquist , Andreas Nordbrandt and Karin van der Salm were re - elected . Andreas Nordbrandt was re - elected as Chairman of the Board SaltX and Holcim have produced Portland - quality cement clinker in a fully electrified process SaltX EAC technology included in roadmap towards next - generation electric Direct Air Capture plants * In the previous year , revenue primarily consisted of a one - off payment of SEK 20 million in connection with a license agreement with SMA . SaltX Technology Holding AB ( publ ) Interim Report Q2 2026 1