Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to kr51.80, the stock trades at a trailing P/E ratio of 54.6x. Average trailing P/E is 27x in the Entertainment industry in Sweden. Total returns to shareholders of 77% over the past year. Announcement • Jul 21
Envar Holding AB Provides Unaudited Earnings Guidance for the Second Quarter Ended June 2026 Envar Holding AB provided unaudited earnings guidance for the second quarter ended June 2026. For the period, the company announced that net sales are preliminarily estimated at approximately SEK 53,672,000, representing an increase of approximately 120% compared to second quarter of 2025 and approximately 108% compared to first quarter of 2026. Preliminary figures indicate a positive EBIT of SEK 19,344,00 for the second quarter of 2026, representing an increase of approximately 220% compared to second quarter of 2025 and approximately 478% compared to first quarter of 2026. The significant increase in revenue and operating profit during the second quarter of 2026 has been primarily driven by the Company's Entertainment and Games business areas. Within Entertainment, Envar has continued to strengthen its relationships with existing clients while experiencing sustained demand for high-quality outsourcing and consulting services. This has resulted in increased revenue for the business area. Envar Games launched Witchspire in Early Access on June 10, 2026. During the 20 sales daysincluded in the second quarter reporting period, the Games business area contributed approximately SEK 6,370,000 to the quarter's EBIT. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr46.90, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 23x in the Entertainment industry in Sweden. Total returns to shareholders of 89% over the past year. 
