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Provide IT (PROVIT) investor relations material
Provide IT Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q3 2025/2026 declined 22% year-over-year to 5,745 TSEK, mainly due to fewer own consultants on projects and challenging market conditions.
Operating loss for the quarter was -590 TSEK, similar to last year, with cost-cutting initiatives mitigating further losses.
Net loss for Q3 was -501 TSEK, with a net loss per share of -0.08 SEK.
Sales initiatives are underway to improve project volumes and future profitability.
Financial highlights
Q3 revenue: 5,745 TSEK (down from 7,339 TSEK year-over-year).
Q3 operating profit: -590 TSEK (vs. -515 TSEK year-over-year).
Q3 net profit/loss: -501 TSEK (vs. -405 TSEK year-over-year).
9M revenue: 16,778 TSEK (down from 20,709 TSEK year-over-year).
9M net loss: -2,143 TSEK, including one-time CEO change costs of 335 TSEK.
Outlook and guidance
Focus remains on increasing sales and project volumes to drive profitability.
Market conditions remain challenging, especially for consultant-driven revenue.
- Q2 revenue fell 20% year-over-year, with losses deepening amid tough market conditions.PROVIT
Q2 202627 Nov 2025 - Revenue fell 15% and net loss widened, driven by fewer consultant assignments and CEO transition costs.PROVIT
Q1 202628 Aug 2025 - Q2 loss narrowed on stable sales and cost cuts, with improved outlook but ongoing uncertainty.PROVIT
Q2 202513 Jun 2025 - Net loss in Q1 driven by weak consulting demand and one-time costs; liquidity reinforced.PROVIT
Q1 202513 Jun 2025 - Net loss and leadership changes mark a challenging year, with cost cuts planned for recovery.PROVIT
Q4 20256 Jun 2025 - Net loss in Q3, but improved sales and new leadership set the stage for a profitable Q4.PROVIT
Q3 20256 Jun 2025
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