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Hemnet Group AB
2 articles
Hemnet Q1 Revenue Falls 25%
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 Q1 Revenue Falls 25% on New Model
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