August 27, 2026

Q2 2026 Interim report

Press releases Financials

Strengthening the offering and organization while the market remains subdued.

“Our customers are still facing low demand, and it is only in Sweden we notice clearer indications of a rebound. Our main focus is to support efficiency improvements for customers and position ourselves for accelerated growth as markets recover,” says Jeremias Jansson, CEO, and continues “We are building a better and faster SmartCraft which adds value to its stakeholders. We have the resources and capabilities at hand so it’s now about execution cadence.”

Main events

Organic ARR growth of 6.8%. Improved market in Sweden, whilst demand in other markets remains subdued.
Enterprise restructuring to deliver SEK 15 M in annual savings from 2027, supporting margin uplift; SEK 7.2 M in one-off costs recognized in Q2.

Second quarter

ARR of SEK 513.7 M at the end of June (475.4), annual growth of 8.1%, of which 6.8% was organic.
Revenue for the second quarter was SEK 142.2 M (132.0), a growth of 7.8%.
Adjusted EBITDA was SEK 52.6 M (50.4), a margin of 37.0% (38.2).
Capitalized expenditure was SEK 14.6 M (11.6), resulting in Adjusted EBITDA-Capex of SEK 38.0 M (38.8), a margin of 26.7% (29.4%).
Profit for the quarter was SEK 24.3 M (26.1) and Return on Equity was 8.9% (10.5).
Cash flow from operating activities was SEK 33.2 M (25.3).