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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.
Mentice
Mentice (MNTC) investor relations material
Mentice Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary23 Jul, 2026
Executive summary
Achieved strong revenue growth in Q2 2026, with net sales of 80 MSEK (28% organic growth), marking the fourth consecutive quarter of net sales and EBITDA growth.
Order intake reached 79 MSEK, up 41% organically year-over-year, mainly from the Americas.
EBITDA improved to 6.3 MSEK in Q2, compared to -8.1 MSEK last year, with net income at -0.9 MSEK, a significant improvement from -17.6 MSEK.
Cash position improved to 61 MSEK at quarter-end, supporting future R&D investments.
Announced a strategic partnership with Siemens Healthineers to integrate Ankyras solutions into ARTIS icono systems.
Financial highlights
Net sales for Q2 were 80 MSEK, up 26% year-over-year (28% organic growth).
EBITDA margin improved to 8% in Q2, up from -1% in Q2 2025.
Operating cash flow was 8.3 MSEK, compared to -7.3 MSEK in Q2 last year.
Order book stands at 128 MSEK, with 79 MSEK expected to convert to sales in H2 2026.
Rolling 12-month sales reached 303 MSEK, up from 262 MSEK a year ago.
Outlook and guidance
Management expresses confidence in continued growth, supported by a strong order book and lean cost structure.
Focus remains on executing and delivering ongoing project development orders, with capacity increases planned for the MDI segment.
Gross margin is expected to remain at current levels, with FX and outsourcing impacting margin dynamics.
Medium- to long-term strategy for the Healthcare Systems segment is under development.
Healthcare Systems segment expected to recover, with deals delayed to later quarters.
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Latest events from Mentice
- Net sales and order intake surged, with improved EBITDA and strong EMEA and APAC growth.MNTC
Q1 2026 - Strong Q4 growth, expanded customer base, and focus on advanced simulation drive future outlook.MNTCDNB Carnegie Healthcare Seminar 2026
- Q4 saw robust organic growth and margin improvement, despite currency and restructuring headwinds.MNTCQ4 2025
- Q3 revenue up 22% with margin gains, strong MDI growth, and improved net income.MNTCQ3 2025
- Sales and order intake fell sharply, but restructuring and new clearances support future growth.MNTCQ2 2025
- Q3 sales fell nearly 10% year-over-year, but major new orders and APAC growth support the outlook.MNTCQ3 2024
- Record Q2 sales and profitability achieved, driven by strong APAC and Americas performance.MNTCQ2 2024
- Net sales up 19.5% year-over-year; losses and FX headwinds offset gains; strategic changes underway.MNTCQ1 2025
- Q4 net sales up 22.4% with margin expansion, but full-year profit remained negative.MNTCQ4 2024
Next Mentice earnings date
Q3 202610 Nov, 2026
Mentice
Next Mentice earnings date
Q3 202610 Nov, 2026
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Frequently asked questions
Mentice AB provides endovascular simulation solutions to teaching entities, healthcare systems, and medical device manufacturers. It offers VIST (virtual intraluminal simulation and training), a platform that simulates endovascular treatments within the body's arteries; and accessories, including hardware equipment and catheters. The company also provides learning management software that gives central control of usage tracking, planning, and reporting for VIST. The company was incorporated in 1998 and is headquartered in Gothenburg, Sweden.