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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Heliospectra
Heliospectra (HELIO) investor relations material
Heliospectra has been delisted
Heliospectra Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary24 Apr, 2026
Executive summary
Strong commercial engagement and increased market presence in Q1 2026, with a robust pipeline of large greenhouse projects under discussion across key markets including Canada, the Netherlands, and the Nordics.
Participation in major industry events and introduction of new products, such as MITRA VF for multi-layer climate rooms, supporting expansion in Australia and New Zealand.
Secured a project with The New Zealand Institute for Plant & Food Research valued at approximately MSEK 1.3.
Continued investment in innovation, with progress toward commercial launch of helioSENSE and Light Use Efficiency Threshold (LUEt) solutions.
Financial highlights
Net sales for Q1 2026 were SEK 5,148 thousand, up from SEK 1,901 thousand in Q1 2025.
Order intake reached SEK 6,233 thousand, compared to SEK 3,129 thousand in the prior year.
Operating profit was SEK -8,450 thousand, an improvement from SEK -9,008 thousand year-over-year.
Cash flow for the period was SEK -17,160 thousand, with cash at period end at SEK 9,638 thousand.
Gross margins decreased slightly due to project mix and discounted trials.
Outlook and guidance
Main quotation period for 2026/2027 greenhouse projects is ongoing, making it too early to forecast full-year revenue.
Management expects improved cash flow in coming periods due to increased order intake and advance payment terms.
Additional capital will be required to support growth until larger projects are secured; financing options are being evaluated.
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Latest events from Heliospectra
- Order intake surged 51% in 2024, with new financing and product launches supporting 2025 growth.HELIO
Q4 2024 - Strategic milestones achieved in 2025 amid financial losses, with liquidity boosted for future growth.HELIOQ4 2025
- Sales fell amid market headwinds, but financing and pipeline growth support future prospects.HELIOQ3 2025
- Q2 sales and order intake rose, but H1 losses widened; liquidity boosted by new financing.HELIOQ2 2025
- Order intake surged, but net sales lagged expectations; liquidity secured for future growth.HELIOQ3 2024
- Positive Q2 profit driven by grant, strong orders, and secured liquidity for future growth.HELIOQ2 2024
- Sales declined in Q1 2025, but a strengthened balance sheet and new orders set up growth for later in the year.HELIOQ1 2025
Heliospectra
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Frequently asked questions
Heliospectra designs and manufactures intelligent lighting systems for controlled plant growth environments. The company’s solutions, including LED lighting and software, are used in greenhouse and indoor agriculture. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the Nasdaq First North Growth Market.