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CodeMill (CDMIL) investor relations material
CodeMill Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 24% year-over-year growth in annual recurring revenue (ARR) to 52,859 KSEK, driven by strategic shift toward scalable product revenues and new customer wins.
Net sales for Q2 2026 decreased by 3% to 16,706 KSEK, reflecting the transition from consulting to product-based income.
Operating profit (EBIT) improved to 976 KSEK from a loss of -1,639 KSEK in Q2 2025, with EBITDA margin rising to 23%.
Cash flow from operations remained strong at 4,442 KSEK, and liquidity increased to 34,417 KSEK.
Financial highlights
Net sales for H1 2026 were 32,524 KSEK, down 10% year-over-year; ARR up 24% to 52,859 KSEK.
EBIT for H1 2026 reached 2,454 KSEK, up from -228 KSEK; EBITDA for H1 was 8,127 KSEK (25% margin).
Net income for Q2 2026 was 980 KSEK, compared to -1,682 KSEK in Q2 2025.
Cash flow from operations for H1 2026 was 11,463 KSEK, up from 7,518 KSEK.
Earnings per share for H1 2026 were 0.19 SEK, compared to -0.02 SEK in H1 2025.
Outlook and guidance
Continued focus on increasing recurring product revenues and strengthening global customer relationships.
Ongoing investments in product development and cloud-based solutions to drive future growth.
Active participation in industry events to support commercial strategy and market expansion.
- ARR up 20% year-over-year, net sales down 17%, with improved EBIT and strong cash flow.CDMIL
Q1 2026 - Revenue fell 27% year-over-year, but recurring revenues and new contracts supported future growth.CDMIL
Q4 2025 - Recurring revenue up 20% year-over-year, with positive profit and strong cash flow despite lower sales.CDMIL
Q3 2025 - Revenue fell 31% in Q2, but recurring product revenues and new contracts signal strategic progress.CDMIL
Q2 2025 - Q3 saw 22% revenue growth, higher margins, and a strategic pivot toward product revenues.CDMIL
Q3 2024 - Q2 saw 55% adjusted revenue growth, surging recurring income, and strong profitability.CDMIL
Q2 2024 - Recurring revenue growth and strong margins offset turbulence from a failed takeover bid.CDMIL
Q1 2025 - Codemill posts record profit and recurring revenue growth, proposing first-ever dividend.CDMIL
Q4 2024
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