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Miris (MIR) investor relations material
Miris Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for Q2 2026 increased by 3% year-over-year to 5,185 tkr, but H1 sales declined 10% due to weak Q1 instrument sales.
Recurring revenues grew 53% in Q2 and 19% in H1, strengthening the revenue base.
Order pipeline expanded by 17% during Q2, indicating rising market interest.
Notable new and repeat orders from the US, Germany, New Zealand, Sweden, and Denmark.
A successful FDA inspection post-period further validated quality processes.
Financial highlights
Q2 2026 net sales: 5,185 tkr (5,015 tkr in Q2 2025); H1 2026 net sales: 8,621 tkr (9,600 tkr in H1 2025).
Q2 2026 net loss after tax: -1,796 tkr (-969 tkr in Q2 2025); H1 2026 net loss: -4,275 tkr (-2,894 tkr in H1 2025).
Q2 EPS: -1.348 kr (-0.006 kr in Q2 2025); H1 EPS: -3.208 kr (-0.019 kr in H1 2025).
Cash at June 30: 443 tkr (587 tkr prior year); net debt/equity ratio: 0.17 (down from -21.46).
Equity at June 30: 15,823 tkr (-502 tkr prior year); solidity improved to 58% from -2%.
Outlook and guidance
Market activity and customer engagement increased in Q2, with expectations of continued stabilization.
Management does not expect to achieve previously stated profitability target for 2026.
Liquidity is projected to be sufficient for at least 12 months, assuming postponement of major development projects.
- Q1 2026 sales dropped 25% year-over-year, but a robust order pipeline signals recovery ahead.MIR
Q1 2026 - Improved annual results and strong recurring revenue growth, with a solid financial position.MIR
Q4 2025 - Revenue up 6.4% and net loss narrowed 37% in Q3, with strong liquidity and global demand.MIR
Q3 2025 - Sales up 21% in H1 2025, losses halved, and liquidity boosted by new capital raises.MIR
Q2 2025 - First-ever positive monthly result and strong recurring revenue growth mark Miris' Q3 2024.MIR
Q3 2024 - Q2 sales rose 32% and net loss halved as Miris expanded globally and strengthened its finances.MIR
Q2 2024 - Q1 sales up 28% and net loss narrows as Miris secures funding for growth toward 2026 profitability.MIR
Q1 2025 - Revenue up 14% and net loss halved; Miris nears profitability but needs new capital.MIR
Q4 2024
Next Miris earnings date
Next Miris earnings date
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