Interim report
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1 Wyld Networks AB (publ) Interim Report Q2 2026 Wyld Networks AB (publ) Interim Report Q2 2026
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2 Wyld Networks AB (publ) Interim Report Q2 2026 Wyld Networks AB (publ) Interim Report Q2 2026 Second quarter 2026 (compared to the same period last year) • Net sales amounted to TSEK 0 (508). • Total income amounted to TSEK 431 (1,023). • Total operating expenses amounted to TSEK -6,393 (-7,284) • Operating loss amounted to TSEK -5,962 (-6,261). • Earnings per share before dilution amounted to SEK -0.154 (-0.007) Significant events during the second quarter of 2026 • On April 1, shareholders in Wyld Network propose to acquire OKT Technology AB for a purchase price of SEK 7.5 million, which will be paid with newly issued shares in Wyld Network through a non-cash issue. The subscription price is proposed to be the same as in the rights issue. • On April 1, shareholders in Wyld Network propose that the Company shall be further capitalized through a rights issue, which, if fully subscribed, can provide the Company with SEK 16.2 million before issue costs. The rights issue is subject to subscription commitments and guarantee commitments of approximately 65%. The terms and conditions are proposed as follows, shareholders who on the record date of May 13, 2026 are entered in the share register as shareholders in Wyld Networks are proposed to receive one (1) subscription right for each share held in the Company. One (1) subscription right is proposed to entitle the holder to subscribe for eighteen (18) new shares. The subscription price is proposed to amount to SEK 0.15 per share. • On 1 April, the Company announces that it has renegotiated the interest rate and maturity date for the existing loan facility of SEK 6.7 million and intends to amortise SEK 2.0 million on the existing loan facility. • On April 21, the company announces that it has entered into an agreement on a bridge loan of SEK 1.5 million to cover working capital. • On April 24, the shareholder and board member Scott Moore now proposes that the Extraordinary General Meeting on May 6, 2026 resolves on the election of Louise Heijne and Andreas Dahlén as new Board members for the period until the end of the next Annual General Meeting. • On May 6, the Company held an Extraordinary General Meeting as a uniform resolution on all proposed items on the agenda. In accordance with proposals from shareholders, Louise Heijne and Andreas Dahlén were elected as new members of the Board of Directors for the period until the end of the next Annual General Meeting. Scott Moore was appointed Chairman of the Board. Since the election of the Board of Directors, the Board of Directors thus consists of Louise Heijne, Andreas Dahlén, Kjell Olovsson and Scott Moore, with Scott Moore as Chairman of the Board. • On June 2, the company will announce the outcome of the rights issue, which will provide the company with SEK 16.2 million before issue costs. • On June 2, the company announces that it has completed the acquisition of OKT Technology AB. The purchase price amounts to SEK 7.5 million, which will be paid with 50,000,000 newly issued shares in Wyld Networks AB through a non-cash issue. • On June 30, the company decided to carry out a directed issue of units of SEK 16,666,666 at a subscription price of SEK 0.30 per share, which provides the company with approximately SEK 5 million before transaction costs, the company received the proceeds from the directed share issue in early July. At the beginning of July, the company had a cash position of SEK 10.2 million. Significant events after the end of the period
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3 Wyld Networks AB (publ) Interim Report Q2 2026 • The DSS system has been tested in various environments in Sweden and has been, for some time, in the environment where it is intended to be used. The system has been successfully tested together with both existing and potential customers.
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4 Wyld Networks AB (publ) Interim Report Q2 2026 A word from the CEO Dear Shareholders, During Q2, the cost reduction program introduced in Q1 continued to have an effect. The organization has been streamlined and the business has been further focused on the areas where we see the greatest potential to create long-term value for our customers and shareholders. One of the most important events during the quarter is the merger of Wyld Networks and OKT Technology AB. Through the merger, we strengthen our base in Sweden and create better conditions for running ongoing projects, developing our systems further and taking advantage of the business opportunities that are now emerging, especially in the drone segment. Update of pilot orders Work on the previously communicated pilot order from the Ukrainian drone manufacturer is progressing according to plan. Wyld's system is now being tested in a realistic environment, while the evaluation of the product is ongoing and the dialogue with potential customers continues. The ongoing verification represents an important step in ensuring the systems' function and usability under real-world conditions and in creating conditions for continued commercial development in the drone segment. Wyld is following developments closely and will communicate additional information to the market when relevant and verified information is available. It is important to emphasize that we are now building on technology and expertise that already exists within Wyld. This gives us the opportunity to develop new business and at the same time address a market where the need for robust and independent communication is great. My belief in Wyld Networks, our technology, our people and the new business opportunities we are working on remains very strong. We have implemented important changes in the company and now have a clearer organization and a clearer commercial focus. As I wrote in the Q1 report, I am therefore very much looking forward to continuing the development of Wyld Networks together with our employees, partners and shareholders. Best regards, Kjell Olovsson Executive Director Wyld Networks AB (publ)
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5 Wyld Networks AB (publ) Interim Report Q2 2026 About Wyld Wyld Networks AB is a technology company in satellite-based IoT communication. The company develops and sells connectivity solutions that enable the collection and transmission of sensor data in areas where traditional mobile networks are missing or limited. Activities & offers Wyld Networks combines terrestrial and satellite networks to create cost-effective IoT connectivity with a wide geographical range. The offering includes Wyld Connect, modules and terminals for sensor-to-satellite communication, as well as Wyld Fusion, a platform fordata management, visualization and integration. Positioning The company's solutions are designed for rapid integration into existing IoT environmentsand are targeted at applications whererobust data collection in remote environments is central, such as agriculture, energy, utilities and environmental monitoring. Investment case in brief Wyld Networks addresses the need for connectivity for sensors and assets in geographies where conventional mobile coverage is not sufficient .
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6 Wyld Networks AB (publ) Interim Report Q2 2026 Financial information Second quarter 2026 Income statement The Group's net sales amounted to SEK 0 thousand (508) in the second quarter of this year. The Group's other income amounted to SEK 431 thousand (515) in the second quarter, the income is attributable to unrealized foreign exchange income on currency hedges. The Group's costs attributable to merchandise amounted to 0 (-775), costs attributable to personnel amounted to -2,901 (-4,070) and other external costs amounted to -3,447 (-2,312) in the second quarter of 2026. The Group's operating expenses decreased by 12% compared to the same period last year. Operating loss amounted to SEK -5,962 (-6,261) in the second quarter of 2026. Loss for the period amounted to TSEK -6,755 (-6,516), corresponding to earnings per share before dilution of SEK -0.154 (-0.007). Balance sheet The Group's non-current assets amounted to SEK 7,764 thousand (734), which refers to both intangible and tangible assets. During the second quarter, the Group acquired OKT Technology AB for SEK 7.5 million, which resulted in a goodwill item of SEK 7.4 million. The Parent Company has shares in subsidiaries valued at SEK 32,183 thousand as of the end of June 2026. The Group's current assets amounted to SEK 7,225 (6,135), of which SEK 5,210 thousand (3,066) pertains to cash banking. The Group's equity amounted to KSEK 5,045 (- 1,759) and the parent company's equity amounted to KSEK 29,835 (44,753) as of the end of June 2026. The Group has interest-bearing liabilities of SEK 4,700 thousand as of the end of June 2026. Cash flow statement The Group's cash flow from operating activities amounted to TSEK -6,234 (-1,523). The Group's cash flow from financing activities amounted to TSEK 11,212 (0) during the second quarter. The Group has carried out an issue of SEK 16.2 million, issue costs amounted to SEK 3.1 million and changes in interest-bearing liabilities amounted to TSEK –1,853 (0). The company's cash and cash equivalents amounted to SEK 5,210 thousand. The company's net cash amounted to SEK 510 thousand at the end of June, while at the same time last year the Group had a net debt of SEK 1,184 thousand. Funding 12 months The Group's operations have historically been financed through grants and capital raises. There is a risk that the Company will continue to report operating losses or at least not be able to generate sufficient profit to finance its operations. The Group may therefore continue to be dependent on financing from external sources. The Board of Directors has reasonable expectations that the Group will continue its operations for the foreseeable future. At the end of the second quarter of 2026, the Group had SEK 5.2 million in cash and cash equivalents. The company carried out a directed share issue of SEK 5 million as of the end of June 2026, the proceeds from the issue were received in early July. At the beginning of July, the company had SEK 10.2 million. During the second quarter, the Group made important savings to reduce the company's cash loss. The acquisition of OKT Technology AB, which is carried out through a non-cash issue, is expected to have a positive effect on future sales and liquidity.
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7 Wyld Networks AB (publ) Interim Report Q2 2026
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8 Wyld Networks AB (publ) Interim Report Q2 2026 Other information Financial calendar Interim report Q2 2026 to be presented on August 28, 2026 Interim report Q3 2026 to be presented on November 20, 2026 Interim report Q4 2026 to be presented on February 19, 2027 Interim Report Q1 2027 to be presented on May 21, 2027 Year-end report 2026 to be presented on 28 May 2027 The 2026 Annual General Meeting will be held on 30 June 2027 Review This interim report has not been reviewed by the company's auditor. Assurances Board of Directors and the CEO assure that the interim report gives a true and fair view of the company's operations, position and results. Forward-Looking Statements This interim report may contain statements about, among other things, Wyld Networks' financial condition and profitability, as well as statements about growth and long -term market potential that may be forward-looking. Wyld Networks believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions. However, forward -looking statements involve risks and uncertainties, and actual results or consequences may differ materially from those made. Except as required by applicable law, forward-looking statements speak only as of the date on which they are made and Wyld Networks undertakes not to update any of them in light of new information or future events. Certified Adviser: Mangold Fondkommission AB acts as the company's Certified Adviser. E-mail: ca@mangold.se For further information, please contact: Kjell Olovsson, CEO kjell.olovsson@wyldnetworks.com
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9 Wyld Networks AB (publ) Interim Report Q2 2026 Income statement - Group 2026 2025 2026 2025 2025 SEK thousand Q2 Q2 Q1-Q2 Q1-Q2 Full year Net sales 0 508 59 1 014 0 Other operating income 431 515 465 2 059 3 643 Total operating income 431 1 023 524 3 073 3 643 Raw materials 0 -775 -62 -1 229 -2 039 Other external costs -3 447 -2 312 -5 926 -4 663 -12 446 Personnel costs -2 901 -4 070 -5 840 -8 172 -14 794 Depreciation of tangible and intangible fixed assets -44 -123 -87 -265 -442 Other operating expenses -1 -4 -8 -19 -683 Total operating expenses -6 393 -7 284 -11 923 -14 348 -30 404 Operating profit -5 962 -6 261 -11 399 -11 275 -26 761 Interest expenses and similar profit and loss items -793 -255 -1 240 -517 -776 Total financial items -793 -255 -1 240 -517 -776 Profit after financial items -6 755 -6 516 -12 639 -11 792 -27 537 Profit for the year -6 755 -6 516 -12 639 -11 792 -27 537 Earnings per share before dilution (SEK) -0,154 -0,007 -0,031 -0,016 -0,017 Earnings per share after dilution (SEK) -0,154 -0,007 -0,031 -0,016 -0,017
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10 Wyld Networks AB (publ) Interim Report Q2 2026 Balance sheet - Group tkr 2026-06-30 2025-06-30 2025-12-31 ASSETS Fixed assets Intangible fixed assets Goodwill 7 410 0 0 Other intangible assets 317 505 394 Total intangible fixed assets 7 727 505 394 Property, plant and equipment Inventory, tools and installations 37 229 70 Total property, plant and equipment 37 229 70 Total fixed assets 7 764 734 464 Current assets Other receivables 1 755 1 283 2 774 Deferred expenses and accrued income 260 1 786 270 Cash and bank 5 210 3 066 1 657 Total current assets 7 225 6 135 4 701 TOTAL ASSETS 14 989 6 869 5 165 EQUITY AND LIABILITIES Equity Action capital 14 737 4 355 14 854 Other capital contributed 155 105 42 424 145 639 Other equity incl. profit for the year -164 797 -48 538 -163 201 Total equity 5 045 -1 759 -2 708 Current liabilities Other financial liabilities 4 700 4 250 3 249 Trade payables 3 067 1 801 2 186 Other liabilities 627 1 004 1 157 Accrued expenses and deferred income 1 550 1 573 1 281 Total current liabilities 9 944 8 628 7 873 TOTAL EQUITY AND LIABILITIES 14 989 6 869 5 165
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11 Wyld Networks AB (publ) Interim Report Q2 2026 Cash Flow Statement - Group 2026 2025 2026 2025 2025 Q2 Q2 Q1-Q2 Q1-Q2 Full year Ongoing activities Operating profit -5 962 -6 261 -11 399 -11 275 -26 761 Adjustment for items that are not included in the cash flow 34 123 3 265 2 925 Net interest income -793 -255 -1 240 -517 -776 Cash flow from operating activities before changes in working capital -6 721 -6 393 -12 636 -11 527 -24 612 Cash flow from changes in working capital Change in operating receivables 1 321 5 695 2 429 4 383 2 060 Change in operating liabilities -834 -825 -827 -3 282 -3 965 Cash flow from operating activities -6 234 -1 523 -11 034 -10 426 -26 517 Investment activities Acquisition of tangible assets 71 0 71 0 -46 Cash flow from investing activities 71 0 71 0 -46 Financing activities Nyemission 16 164 0 16 164 8 423 29 581 Issue costs -3 099 0 -3 099 -2 351 -7 780 Change in interest-bearing liabilities -1 853 0 1 451 4 250 3 249 Cash flow from financing operations 11 212 0 14 516 10 322 25 050 Cash flow for the period 5 049 -1 523 3 553 -104 -1 513 Cash and cash equivalents at the beginning of the period 161 4 589 1 657 3 170 3 170 Cash and cash equivalents at the end of the period 5 210 3 066 5 210 3 066 1 657
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12 Wyld Networks AB (publ) Interim Report Q2 2026 Change in equity - Group 2026-01-01 2025-01-01 2025-01-01 tkr 2026-06-30 2025-06-30 2025-12-31 Opening balances -2 708 3 742 3 742 New issue of shares 23 664 8 423 29 581 Issue costs -3 099 -2 351 -7 779 Translation difference -174 219 -715 Profit for the period -12 639 -11 792 -27 537 Closing balances 5 045 -1 759 -2 708
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13 Wyld Networks AB (publ) Interim Report Q2 2026 Income statement - Parent Company 2026 2025 2026 2025 2025 tkr Q2 Q2 Q1-Q2 Q1-Q2 Full year Net sales 59 131 59 249 373 Other operating income 34 3 465 12 13 Total operating income 93 134 524 261 386 Raw materials 0 -109 0 -109 -301 Other external costs -1 233 -757 -4 173 -1 572 -5 098 Personnel costs -355 0 -1 068 0 263 Depreciation tangible and intangible fixed assets 0 0 0 0 0 Write-down of shares in subsidiaries -2 871 0 -2 871 0 -38 014 Other operating expenses 0 -9 -1 -13 -769 Total operating expenses -4 459 -875 -8 113 -1 694 -43 919 Operating profit -4 366 -741 -7 589 -1 433 -43 533 Interest expenses & similar profit and loss items -425 -262 -1 218 -517 -777 Total financial items -425 -262 -1 218 -517 -777 Profit after financial items -4 791 -1 003 -8 807 -1 950 -44 310 Profit for the year -4 791 -1 003 -8 807 -1 950 -44 310 Earnings per share before dilution (SEK) -0,006 -0,002 -0,022 -0,003 -0,028 Earnings per share after dilution (SEK) -0,006 -0,002 -0,022 -0,003 -0,028
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14 Wyld Networks AB (publ) Interim Report Q2 2026 Balance sheet - Parent company tkr 2026-06-30 2025-06-30 2025-12-31 ASSETS Fixed assets Financial fixed assets Shares in subsidiaries 32 183 50 295 22 248 Total financial fixed assets 32 183 50 295 22 248 Total fixed assets 32 183 50 295 22 248 Current assets Other receivables 1 495 31 148 Deferred expenses and accrued income 260 62 140 Cash and bank 4 461 391 1 601 Total current assets 6 216 484 1 889 TOTAL ASSETS 38 399 50 779 24 137 EQUITY AND LIABILITIES Equity Equity capital 14 737 4 355 14 854 Premium reserve 155 105 134 981 145 639 Retained earnings -131 200 -92 633 -114 879 Profit for the year -8 807 -1 950 -27 537 Total equity 29 835 44 753 18 077 Current liabilities Other financial liabilities 4 700 4 250 3 249 Trade payables 2 254 664 1 543 Other liabilities 603 0 0 Accrued expenses and deferred income 1 007 1 112 1 268 Total current liabilities 8 564 6 026 6 060 TOTAL EQUITY AND LIABILITIES 38 399 50 779 24 137
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15 Wyld Networks AB (publ) Interim Report Q2 2026 Cash flow statement - Parent Company 2026 2025 2026 2025 2025 Q2 Q2 Q1-Q2 Q1-Q2 Full year Ongoing activities Operating profit -3 223 -692 -7 589 -1 433 -43 533 Adjustment for items that are not included in the cash flow 0 0 2 871 0 38 764 Net interest income -793 -255 -1 218 -517 -777 Cashflow from operations before changes in working capital -4 016 -947 -5 936 -1 950 -5 546 Cash flow from changes in working capital Change in operating receivables -1 441 1 249 -1 468 205 11 Change in operating liabilities 985 -219 1 059 -230 647 Cash flow from operating activities -4 472 83 -6 345 -1 975 -4 888 Investment activities Shareholder contributions paid -2 440 -2 915 -5 311 -10 636 -21 241 Cash flow from investing activities -2 440 -2 915 -5 311 -10 636 -21 241 Financing activities Nyemission 16 164 0 16 164 8 423 29 581 Issue costs -3 099 0 -3 099 -2 351 -7 780 Change in interest-bearing liabilities -1 853 0 1 451 4 250 3 249 Cash flow from financing operations 11 212 0 14 516 10 322 25 050 Cash flow for the period 4 300 -2 832 2 860 -2 289 -1 079 Cash and cash equivalents at the beginning of the period 161 3 223 1 601 2 680 2 680 Cash and cash equivalents at the end of the period 4 461 391 4 461 391 1 601
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16 Wyld Networks AB (publ) Interim Report Q2 2026 Change in equity - the parent company 2026-01-01 2025-01-01 2025-01-01 tkr 2026-06-30 2025-06-30 2025-12-31 Opening balances 18 077 40 584 40 584 New issue of shares 23 664 8 423 29 581 Issue costs -3 099 -2 303 -7 779 Calculation differences 0 0 1 Profit for the period -8 806 -1 003 -44 310 Closing balances 29 835 45 701 18 077 Number of Shares Number of shares end of 2026 Q2: 163 746 559 Average number of shares during Q2: 43 805 915 Average number of shares during H1: 404 608 041 Number of shares end of 2025 Q2: 877 554 971 Average number of shares during Q2: 877 544 971 Average number of shares during H1: 737 714 704
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17 Wyld Networks AB (publ) Interim Report Q2 2026 Note Note 1 Accounting policies This interim report has been prepared in accordance with the Annual Accounts Act and the accounting principles applied are in accordance with BFNAR 2012:1 and the consolidated financial statements (C3). The company applies the same accounting principles and calculation methods as were applied in the annual report for 2025. Note 2 Definition of key figures Operating profit (EBIT) - Profit for the period including depreciation and amortization of property, plant and equipment and intangible assets, before financial items and tax. EBITDA – Operating profit excluding depreciation and amortization of intangible and property, plant and equipment. EBITDA% - EBITDA in relation to total operating revenue. Earnings per share before dilution - Profit for the period divided by the average number of outstanding shares at the end of the period taking into account issues carried out during the period. Earnings per share after dilution - Profit for the period divided by the average number of outstanding shares at the end of the period taking into account issued warrants and convertibles. Equity per share before dilution – Equity divided by the number of shares outstanding at the end of the period. Equity per share after dilution – Equity divided by the number of outstanding shares at the end of the period taking into account issued warrants and convertibles. Average number of shares outstanding at the end of the period before dilution - Weighted number of shares outstanding during the period. Average number of outstanding shares at the end of the period after dilution - Weighted number of outstanding shares during the period taking into account issued warrants (warrants to staff, board of directors, consultants) and convertibles. Order backlog - The order value of orders that have not yet been delivered or invoiced that are in the order register. Equity ratio % - Equity in relation to total assets. TKR - kronor in thousands SEK million - SEK in millions