The activity indicators for the second quarter of 2026 published by SMART Tunisia reflect robust financial health and a sustained pace of business activity.
During the first half of 2026, the company generated total revenue of TND 222.2 million, compared with TND 192.8 million as of June 30, 2025, representing a notable increase of 15.2%.
This growth was supported by a dynamic second quarter, during which the company generated TND 117.3 million in revenue, up 7.2% from the TND 109.5 million recorded in the second quarter of 2025.
Cost control and strengthening of human capital
The cost of goods sold amounted to TND 186.4 million in the first half of 2026, up 12.4%. As revenue growth outpaced the increase in purchasing costs, the company maintained its operating margins.
To support its commercial expansion, SMART Tunisia increased its average workforce to 222 employees, bringing its half-year payroll costs to TND 5.6 million, an increase of 12%.
Meanwhile, the company continued to operate with an unchanged sales area of 4,000 square meters across three outlets, while maintaining close monitoring of its supplier relationships, with the average payment period controlled at 31 days, compared with 32 days a year earlier.
Changes in financial structure
In line with the needs of its expanding commercial activity, cumulative financial expenses stood at TND 8.7 million as of June 30, 2026, compared with TND 7.3 million a year earlier, while financial income reached TND 3.7 million.
Net cash stood at negative TND 10 million as of June 30, 2026. The company’s management noted that these developments are fully aligned with the expansion of business activity and the financing of working capital requirements (WCR).
