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Railway Metrics and Dynamics (RMDX) investor relations material
Railway Metrics and Dynamics Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Demand for solutions increased, with more customer dialogues, product demos, and quote requests, indicating strong market interest.
Key milestones included a significant order for 25 PMU units and 2 PMU:C, and the first pre-series delivery of PMU:C to Trafikverket.
The company transitioned from start-up to scale-up, expanding its engineering team and deepening customer relationships.
Financial highlights
Net sales for Q2 2026 were 812 TSEK, up from 740 TSEK in Q2 2025, all from recurring rental income.
EBIT for Q2 2026 was -1,734 TSEK (Q2 2025: -1,012 TSEK); EBITDA was -1,520 TSEK (Q2 2025: -990 TSEK).
Cash flow from operations was -2,791 TSEK (Q2 2025: 7,331 TSEK); period cash flow was -5,631 TSEK (Q2 2025: 3,177 TSEK).
Cash and cash equivalents at period end were 1,636 TSEK (Q2 2025: 3,838 TSEK).
Result per share was -0.03 SEK, unchanged from Q2 2025.
Outlook and guidance
Multiple business opportunities identified, with several pilot projects expected to start in Q1 2027 and full-scale deliveries targeted for Q4 2027.
Continued focus on serial deliveries and expanding commercial offerings in coming quarters.
Ongoing evaluation of financing options for working capital, production, and expansion.
- Recurring TaaS revenues rose 81% and EBIT loss halved, with strong contract wins and US expansion.RMDX
Q1 2026 - 2025 revenue quadrupled from product sales, with recurring TaaS contracts fueling scale-up momentum.RMDX
Q4 2025 - H1 2025 saw a shift to product sales, international growth, and improved adjusted EBIT.RMDX
Q2 2025 - Revenue fell in H1 2024, but equity surged on patent revaluation and new share issues.RMDX
Q2 2024 - Losses increased but product innovation and partnerships set stage for future growth.RMDX
Q4 2024
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