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Aino Health (AINO) investor relations material

Aino Health Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary3 Aug, 2026

Executive summary

  • Transition to a scalable SaaS-based business model continued amid a challenging financial environment and an ongoing public tender offer process.

  • Several new customer agreements were signed in Finland and Sweden, adding approximately 5,500 new subscriptions, though revenue impact will be gradual due to implementation timelines.

  • Net sales for Q2 2026 were KSEK 6,704, down from KSEK 7,471 in Q2 2025, mainly due to delays in customer project starts.

  • Cash position remains constrained, requiring strict cost control and limiting growth investments.

Financial highlights

  • Q2 2026 net sales: KSEK 6,704 (Q2 2025: KSEK 7,471); H1 2026 net sales: KSEK 12,236 (H1 2025: KSEK 14,848).

  • Q2 2026 loss after financial items: KSEK -2,603 (Q2 2025: KSEK -587); H1 2026: KSEK -4,815 (H1 2025: KSEK -1,141).

  • Operating loss for Q2 2026: KSEK -2,387 (Q2 2025: KSEK -341).

  • Cash and bank balances at June 30, 2026: KSEK 1,916.

  • Cash flow from operating activities for H1 2026: KSEK -4,199.

Outlook and guidance

  • Additional financing is required to continue international expansion and accelerate subscription growth; without it, expansion pace will be limited to internally generated cash flow.

  • Focus remains on recurring SaaS revenue, partner-led scalability, and operational discipline.

  • Revenue from new agreements will materialize gradually, with some implementations planned for late 2026 and early 2027.

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