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Provide IT (PROVIT) investor relations material
Provide IT Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary28 Aug, 2025
Executive summary
Revenue for Q1 2025/2026 was 6,461 TSEK, a 15% decrease year-over-year, mainly due to fewer own consultants on external projects and challenging market conditions.
Operating loss widened to -1,116 TSEK from -222 TSEK year-over-year, impacted by lower revenues and one-time CEO change costs.
Net loss increased to -890 TSEK from -180 TSEK year-over-year.
Financial highlights
Revenue: 6,461 TSEK (down from 7,622 TSEK year-over-year).
Operating profit: -1,116 TSEK (vs. -222 TSEK year-over-year).
Net profit/loss: -890 TSEK (vs. -180 TSEK year-over-year).
Net profit/loss per share: -0.13 SEK (vs. -0.03 SEK year-over-year).
One-time costs of 335 TSEK related to CEO change included in results.
Outlook and guidance
Cost-saving initiatives have been implemented, with full effects expected from August/September.
Focus remains on topline growth and further cost reductions in upcoming quarters.
Sub-consultant cost increase drivers?
Beyond one-off costs, new CEO's profitability plan?
How does innovative consulting model address current consultant project decline?
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Next Provide IT earnings date
Q2 202627 Nov, 2025
Next Provide IT earnings date
Q2 202627 Nov, 2025
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Frequently asked questions
Provide IT Sweden AB is a Sweden-based IT company specializing in web development, digital marketing, and e-commerce solutions. The company offers tailored services including website design, search engine optimization (SEO), digital strategy consulting, and software development. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the Spotlight Stock Market.
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