Hemnet Group AB

Hemnet Group Q1 2026 revenue fell 24.7% YoY to SEK 247.2 million, missing estimates by 3.4%. Adjusted EBITDA dropped 43.3% to SEK 89.3 million, margin contracting 11.8 points to 36.1%, missing consens

Hemnet Group AB reported Q1 2026 revenue of SEK 247.2 million, a 24.7% YoY decline to SEK 328.5 million. The drop stems from the “Sell first, pay later” model shifting revenue recognition to sale comp