HomeMaid (HOME) investor relations material

Executive summary

• Achieved 33.3% year-over-year revenue growth in Q1 2026, reaching 172.5 mkr, driven by strong Home Cleaning growth and Corporate Cleaning acquisitions.

• EBITA increased by 12% to 11.9 mkr in Q1, with margin declining to 6.9% from 8.2% due to a changed business mix and lower-margin contracts.

• EBITDA margin fell to 10.2% from 11.7% year-over-year.

• Continued acquisition-driven growth, integrating Söndrums Hushållstjänster and acquiring Wikk AB post-quarter.

• EPS before and after dilution was 0.39 kr, up from 0.37 kr.

Financial highlights

• Rolling 12-month revenue reached 640.2 mkr, with EBITA at 50.8 mkr and a rolling EBITA margin of 8.0%.

• Net debt increased to 63.4 mkr, up from 36.3 mkr, mainly due to acquisitions and higher leasing liabilities.

• Cash flow from operations after working capital changes decreased 37% to 12.8 mkr, impacted by acquisition-related payments.

• Group equity as of March 31, 2026, was 69.4 mkr, with a solidity ratio of 21.3% (down from 23.5%).

• Liquidity at period end was 28.4 mkr, down from 34.5 mkr.

Outlook and guidance

• Focus on acquisition-led and organic growth in both Home and Corporate Cleaning, with recent acquisitions expected to support future performance.

• Investments in sales and staff training are expected to aid future growth and margin recovery.

• Fragmented Home Cleaning and consolidated Corporate Cleaning markets offer growth opportunities.