Safe at Sea
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Safe at Sea (SAFE) investor relations material

Safe at Sea Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary30 Oct, 2026

Executive summary

  • Jan–Sep operating revenue fell 33% YoY to SEK 11.244m; EBITDA was SEK -1.320m and result after financial items SEK -1.801m, versus profits in 2025.

  • Q3 was weak as tenders remained unresolved and recurring deliveries were few; ongoing growth investments added to the loss.

  • Management remained optimistic for Q4 2026 and Q1 2027, citing late-stage tenders and sales and marketing initiatives.

Financial highlights

  • Jan–Sep operating revenue SEK 11.244m vs SEK 16.776m; net sales SEK 11.353m vs SEK 17.461m.

  • Jan–Sep EBITDA SEK -1.320m vs SEK 2.721m; result after financial items SEK -1.801m vs SEK 2.230m; EPS SEK -0.065 vs SEK 0.081.

  • Q3 operating revenue SEK 763k vs SEK 4.263m; net sales SEK 679k vs SEK 9.329m.

  • Q3 EBITDA SEK -1.277m vs SEK 1.418m; result after financial items SEK -1.416m vs SEK 1.289m; EPS SEK -0.051 vs SEK 0.047.

Outlook and guidance

  • Late-stage tenders and an intensified commercial push underpin expectations for several important deals and improved financial development in Q4 2026 and Q1 2027.

  • Planned Q4 activity includes product demonstrations, training and trade-show participation in Norway, Sweden, Romania and Brazil.

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Frequently asked questions

Safe at Sea AB is a Sweden-based company specializing in the development and production of rescue equipment and systems for maritime safety. The company offers innovative solutions, including lightweight and versatile rescue boats and related accessories, designed to enhance safety in challenging marine environments. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the Spotlight Stock Market.