Time People Group
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Time People Group (TPGR) investor relations material

Time People Group Q1 2027 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2027 earnings summary2 Sep, 2026

Executive summary

  • Revenue for the quarter was 25.9 MSEK, a 28% decrease year-over-year from 36.1 MSEK.

  • Adjusted EBITDA (excluding one-time costs) was -2.5 MSEK, down from -2.1 MSEK, with a margin of -9.8%.

  • EBIT was -3.9 MSEK, including a 1.4 MSEK goodwill write-down, improving from -4.3 MSEK last year.

  • Net result after tax was -4.4 MSEK, a slight improvement from -4.7 MSEK year-over-year.

  • Cost-saving measures implemented last year are reducing deficits and supporting a positive trend.

Financial highlights

  • Revenue declined 28% year-over-year to 25.9 MSEK; full-year revenue down 14% to 156.9 MSEK.

  • Adjusted EBITDA margin worsened to -9.8% from -5.8% year-over-year.

  • EBIT margin was -15.2%, compared to -11.9% last year.

  • Cash flow from operations improved to -2.1 MSEK from -3.9 MSEK year-over-year.

  • Average number of employees decreased 28% to 81.

Outlook and guidance

  • Management sees early signs of increased market activity, especially in data management for e-health and defense sectors.

  • New framework agreement with DIGG in August is expected to drive new business and long-term customer relationships.

  • Continued focus on efficiency, collaboration, and expanding fixed-price offerings to support growth.

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Frequently asked questions

Time People Group AB is a Sweden-based consulting firm specialized in information technology (IT) and change management. The company operates as a holding entity for a group of fully-owned subsidiaries, including Crio Partner AB, Efftre AB, Giraff Data Konsult AB, and Objektfabriken AB. These subsidiaries collectively offer a broad spectrum of services, encompassing requirements, tests, and methodology; system development and technical project management; change management; and digitization projects, particularly for the public sector. Time People Group's clientele mainly spans across three key market segments: banking, finance and insurance, public sector, and retail. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Nordic Growth Market.