Comintelli (COMINT) investor relations material

Executive summary

• Total revenues for Q1 2026 were 6.4 MSEK, down from 6.9 MSEK year-over-year, mainly due to seasonally low license renewals and the loss of two customers, partially offset by a new two-year license deal worth 1.2 MSEK.

• EBITA improved to -1.5 MSEK from -1.9 MSEK year-over-year, reflecting continued cost control and prioritization of AI development.

• The company ended the quarter with no interest-bearing debt, 57% equity ratio, and an unused credit facility.

• A public takeover offer from DCAP BIDCO 2 AB was accepted by holders of approximately 96% of shares, leading to a planned delisting from Spotlight Stock Market.

• Recognized as a "Visionary" in Gartner's 2026 Magic Quadrant for Competitive and Market Intelligence Platforms.

Financial highlights

• Net sales for Q1 2026 were 6.1 MSEK, down from 6.7 MSEK in Q1 2025.

• EBITA for Q1 2026 was -1.5 MSEK, an improvement from -1.9 MSEK in Q1 2025.

• Result after financial items (EBT) was -1.4 MSEK, compared to -2.3 MSEK in Q1 2025.

• Cash flow for the period was -0.2 MSEK, with cash and bank at 3.2 MSEK at quarter-end.

• Annual Recurring Revenue (ARR) at period end was 31.1 MSEK, a decrease of 2.5% year-over-year.

Outlook and guidance

• Focus remains on strengthening customer retention, increasing new sales, and further developing the AI-driven platform.

• The company is entering a new phase with a clear strategy and a scalable offering, supported by the new ownership structure.