Half-Year Report 2026
SMG delivered a strong first half of 2026, achieving double-digit revenue growth and margin expansion.
Financial Performance
for the six months ended 30 June
Revenue Development
in CHF million, growth in %
Revenue Distribution by Business Units 2026
in % of Group Revenue
Adjusted EBITDA
in CHF million, margin in %
Capital Expenditure
in CHF million, in % of Group Revenue
Adjusted EBITDA less Capex
in CHF million, growth in %
Leverage Ratio2
Net debt/Adjusted EBITDA
Operational Performance
for the six months ended 30 June
Monthly Average Number of Agents
in numbers, growth in %
Monthly Average Number of Dealers
in numbers, growth in %
Gross Merchandise Value
in CHF million, growth in %
Monthly Average Revenue per Agent
in CHF, growth in %
Monthly Average Revenue per Dealer
in CHF, growth in %
Ricardo Take Rate
in %
Half-Year Report 2026
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