The mobile operator My Beat reports a significantly negative result in the second quarter of the non-calendar fiscal year due to an impairment in a subsidiary. Because of the impairment, the parent company's equity is also depleted and a control balance sheet must be prepared.The impairment amounts to SEK 9.63 million after the subsidiary TMC Silverstone was declared bankrupt in December."The bankruptcy was deemed necessary for My Beat's survival. The bankruptcy leads to significant cost reductions and a restructuring of the group's operations with an estimated positive earnings effect of SEK 0.5 million per month," comments CEO Olav Kalve.Revenue increased 2.2 percent to SEK 5.17 million (5.06).EBITDA came in at SEK -0.99 million (-0.56).Operating profit was SEK -7.26 million (-1.58).Profit after tax was SEK -7.45 million (-1.83).Cash flow from operating activities amounted to SEK -0.73 million (-0.63).Cash and cash equivalents amounted to SEK 0.1 million (0.9).The company is said to be working intensively to secure financing for the business."In this context, convertible loans, share issues, and other forms of financing are being considered," says Kalve.As My Beat switches to the calendar year in 2026, the third quarter will be shortened and will cover only the period November-December 2025.My Beat, SEK millionQ2-2025/2026Q2-2024/2025ChangeNet sales5.175.062.2%EBITDA-0.99-0.56Operating profit-7.26-1.58Net profit-7.45-1.83Cash flow from operating activities-0.73-0.63Cash and cash equivalents0.10.9-88.9%