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Vidhance (VIDH) investor relations material
Vidhance Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q2 2026 was 4.0 MSEK, down from 5.3 MSEK year-over-year, but improved sequentially from Q1 2026, with first contributions from Defence and Vision Systems.
EBITDA for Q2 2026 was -5.3 MSEK, impacted by one-time administrative and legal costs related to a customer patent dispute in the US and cost-saving measures.
Net result after tax for Q2 2026 was -5.4 MSEK, an improvement from -5.7 MSEK in Q2 2025.
Cash and cash equivalents at quarter-end were 18.8 MSEK, down from 39.3 MSEK a year earlier.
Equity at quarter-end was 19.2 MSEK, compared to 42.4 MSEK at the end of Q2 2025.
Financial highlights
Revenue for H1 2026 was 7.4 MSEK, down from 10.1 MSEK in H1 2025.
EBITDA for H1 2026 was -10.9 MSEK, compared to -10.6 MSEK in H1 2025.
Net result after tax for H1 2026 was -11.6 MSEK, an improvement from -14.4 MSEK in H1 2025.
Cash flow after investments for Q2 2026 was -6.3 MSEK, similar to -6.2 MSEK in Q2 2025.
Investments in Q2 2026 included 52 TSEK in tangible assets and 88 TSEK in intangible assets (mainly patents).
Outlook and guidance
Management sees positive signs from new business areas, especially Defence and Vision Systems, but cautions that results are volatile and a single quarter should be interpreted with care.
The company is focused on broadening its revenue base, developing customer relationships, and maintaining strict cost control.
The cost base entering Q3 2026 is significantly lower than a year ago due to cost-saving measures.
- Revenue fell on delayed launches, but Defence segment saw first order and cash remains strong.VIDH
Q1 2026 - Revenue fell and losses deepened, but strategic shifts aim for future growth.VIDH
Q4 2025 - Revenue fell and losses persisted, but strategic shifts and cost cuts are underway.VIDH
Q3 2025 - Revenue and profit fell amid market headwinds; 2026 targets withdrawn, new CEO appointed.VIDH
Q2 2025 - Revenue and earnings fell in Q3 2024, but strategic AI investments and new markets drive future growth.VIDH
Q3 2024 - Q2 sales dropped 28% but EBITDA improved; strong cash reserves support ongoing AI investments.VIDH
Q2 2024 - Revenue fell 41% and losses deepened as Vidhance navigates market uncertainty and invests in AI.VIDH
Q1 2025 - Net sales fell but EBITDA improved, with a dividend proposed and new telemedicine initiatives launched.VIDH
Q4 2024
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