May 08, 2026

First Quarter 2026 Financial Results

Press releases Financials

SmartCraft Group AB (publ) (Nasdaq Stockholm: SMCRT) today announced its interim report for January-March 2026. Jeremias Jansson, CEO SmartCraft, said: ”My first quarter in SmartCraft was defined by learning, focus and execution and it confirmed something important. We are moving in the right direction, with both increased ARR and higher adjusted EBITDA-capex margin, as well […]

SmartCraft Group AB (publ) (Nasdaq Stockholm: SMCRT) today announced its interim report for January-March 2026.

Annual Recurring Revenues grew with 7.3% YoY to SEK 504 million
Revenues totaled SEK 136 million, representing a growth of 3.1% YoY
Adjusted EBITDA-CAPEX margin increased to 30%, a 2.3 % growth YoY
SmartCraft listed on Nasdaq Stockholm on 24 March
Jeremias Jansson assumed his position as CEO on 5 January
Tobias Lindquist appointed new CFO, effective 1 June

Jeremias Jansson, CEO SmartCraft, said: ”My first quarter in SmartCraft was defined by learning, focus and execution and it confirmed something important. We are moving in the right direction, with both increased ARR and higher adjusted EBITDA-capex margin, as well as lowered churn compared to both YoY and QoQ”.

Financial performance

Revenues totalled SEK 136 million, representing a growth of 3.1% YoY. The annual recurring revenues (ARR) equaled SEK 504 million, signifying an organic growth of 7.3% YoY. The adjusted EBITDA-CAPEX margin increased with a 2.3 percentage point YoY to 30%. Operational cash flow was SEK 73 million. Churn was reduced by a 1.0 percentage point to 8.3% YoY.

Business update

On 24 March, SmartCraft was listed on Nasdaq Stockholm’s main list. In connection with the listing, the company announced an offering of shares which attracted strong interest from the general public in Sweden and was multiple times oversubscribed. This resulted in more than 2,300 new shareholders for SmartCraft.

In January, Jeremias Jansson assumed the role as CEO of the company, and a month later SmartCraft announced the appointment of Tobias Lindquist as its new CFO, effective 1 June, which is one month earlier than what was announced in February.

Go to Reports & Presentations to read the full report and presentation.