Photocat A/SNGM: PCAT

Photocat: Photocat releases H1 2026 report

· Issued by Photocat A/S

Summary by 6ix AI

Photocat A/S, which makes patented coatings that break down air pollutants when exposed to light, reported revenue of DKK 8,721 thousand for the first half ended June 30, 2026, up from DKK 6,327 thousand a year earlier. It had a net profit of DKK 858 thousand, against a net loss of DKK 598 thousand.

Key details

  • For the second quarter ended June 30, 2026, revenue was DKK 3,154 thousand, compared with DKK 3,151 thousand a year earlier. The net loss was DKK 515 thousand, compared with DKK 227 thousand.
  • EBITDA (earnings before interest, taxes, depreciation and amortization) was DKK 2,052 thousand for the first half of 2026, compared with DKK 526 thousand. For the second quarter it was DKK 141 thousand, compared with DKK 192 thousand.
  • At June 30, 2026, cash at hand was DKK 102 thousand, equity was DKK 11,146 thousand and debt was DKK 11,807 thousand.
  • In the second quarter, Photocat won its first municipal tender under its own name in Madrid. It also set up distribution partners for dust control in Denmark, the UK and Poland, and delivered its first combined order of solid granulate and fluid de-icer to an aviation customer.
  • After June 30, 2026, Photocat resumed deliveries to the commercial flooring market after a pause. It also submitted tender proposals for airport de-icing in Poland, with an estimated contract value of more than EUR 4.0 million covering late 2026 through 2028.

What’s still pending

  • Full-year 2026 guidance is a projection: revenue of DKK 13.0 - 15.0 million and EBITDA of DKK 0.5 - 1.5 million.
  • The Polish airport de-icing tender proposals have been submitted, not awarded, and their contract value is an estimate.

6ix AI wrote this summary from the release below and checked it against the release.

Press release from Companies

Publicerat: 2026-08-19 16:15:00

Photocat A/S: Photocat releases H1 2026 report

August 19th, 2026

Photocat releases H1 2026 report.

Highlight during second quarter of 2026

  • Public Tender Win: Won first municipal tender under Photocat's own name in Madrid.
  • Dust Control Expansion: Partner network established with initial distribution partners in Denmark, the UK, and Poland, driving higher product volumes.
  • Dual De-Icing Commercialization: Delivered first combined order of solid granulate and fluid de-icer to an aviation sector customer.
  • Full-Year Guidance: Photocat maintains its FY 2026 guidance with projected revenue of DKK 13.0 - 15.0 million and EBITDA of DKK 0.5 - 1.5 million.

Highlight after 30th June 2026

  • Flooring Market Resumption: Resumed product deliveries to the commercial flooring market following a period of paused activity.
  • Tender Pipeline: Submitted formal tender proposals for airport de-icing in Poland with an estimated contract value exceeding EUR 4.0 million covering the period late 2026 through 2028.

Amounts in DKK '000s

Q2 2026

Q2 2025

H1 2026

H1 2025

2025

2026-04-01

2025-04-01

2026-01-01

2025-01-01

2025-01-01

2026-06-30

2025-06-30

2026-06-30

2025-06-30

2025-12-31

Revenue

3.154

3.151

8.721

6.327

13.391

Gross profit

1.536

1.530

4.781

3.147

7.270

EBITDA

141

192

2.052

526

1.924

P/L before tax

-595

-335

698

-841

-748

Net profit

-515

-227

858

-598

-295

Assets

22.953

20.130

22.953

20.130

23.915

Equity

11.146

9.985

11.146

9.985

10.288

Debt

11.807

10.145

11.807

10.145

13.627

Cash at Hand

102

289

102

289

443

The financial report can be downloaded through the company's website

Announcements | PHOTOCAT A/S

For more information, contact:
Michael Humle, CEO, Photocat A/S

Phone: +45 2210 2523
e-mail: [email protected]

Photocat A/S is obliged to publicize this information in accordance with EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at CET16:15 on August 19th 2026.

About Photocat
Photocat manufactures patented coating materials for both outdoor and indoor applications with the effect to degrade NOx and VOC´s when exposed to light. Both NOx and VOC's are severely damaging to human health. Photocat's patented technology is a very efficient and an economically viable alternative to many of the traditional technologies targeting NOx (e.g. bus catalysts, flue gas cleaning etc.).

Photocat's shares are listed on Spotlight, with the ticker symbol PCAT.

Photocat A/S (publ) l Langebjerg 4 DK-4000 Roskilde l Tel: +45 7022 5055 lwww.photocat.net

CisionLink
H1 2026
2026-08-19 Press Release - regarding H1 2026

Photocat A/S on 6ix

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