Telecommunication company My Beat reported lower revenue and continued operating loss in the second quarter while the company is carrying out a financial restructuring.Revenue fell to SEK 3.1 million (4.0).Ebitda amounted to SEK -2.8 million (-2.0). Adjusted for one-time costs, ebitda improved to SEK -1.7 million (-2.0). Operating profit amounted to SEK -2.8 million (-3.0).Net profit improved to SEK -2.7 million (-3.2). Earnings per share amounted to SEK -0.27 (-0.33).Cash and cash equivalents amounted to SEK 4,000 (726,000).During the quarter, the company announced the outcome of negotiations with suppliers, which are expected to lead to significant debt reductions through repayments, write-downs and debt-for-equity swaps. The majority of the measures are expected to be implemented during the second and third quarters.CEO Olav Kalve says that operations are developing positively and are being stabilized, with monthly revenue of SEK 1 million. The company continues to reduce operating costs and strengthen revenues and expects to achieve positive ebitda once one-time costs for legal and financial advisory services no longer weigh on results.After the end of the quarter, My Beat announced that financing from Loft Capital had been activated, which according to the company enables the financial restructuring to be completed as planned and allows focus to shift to business development and growth.Key figures, SEK millionQ2 2026Q2 2025Year-on-year changeRevenue3.14.0-23.8 %Ebitda-2.8-2.0–Operating profit-2.8-3.0–Net profit-2.7-3.2–Earnings per share, SEK-0.27-0.33–Cash and cash equivalents0.00.7