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Edge1 May 2026
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VO2 Cap
VO2 Cap (VO2) investor relations material
VO2 Cap Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary30 Apr, 2026
Executive summary
Entered 2026 with a streamlined structure, new board, and two new brands in digital and outdoor advertising.
Q1 revenue grew 0.7% year-over-year to 68,517 KSEK; EBITDA margin at 4.4%.
All segments showed positive development, with AdTech achieving record levels.
Integration of Leeads and AdProfit completed, forming a leading digital advertising entity.
Board withdrew previous long-term financial targets, opting for flexible management.
Financial highlights
Revenue: 68,517 KSEK (68,033 KSEK), up 0.7% year-over-year.
EBITDA: 3,008 KSEK (3,852 KSEK); EBITDA margin: 4.4% (5.7%).
EBIT: -867 KSEK (-515 KSEK); EBIT margin: -1.3% (-0.8%).
Net result after tax: -1,152 KSEK (-1,738 KSEK total, -803 KSEK continuing ops).
Operating cash flow: -423 KSEK (2,580 KSEK); total cash flow: -3,074 KSEK (7,424 KSEK).
Earnings per share: -0.02 SEK (-0.03 SEK).
Outlook and guidance
Board rescinded previous 2026 financial targets due to market conditions; no new targets communicated.
Focus remains on profitable growth, financial stability, and owner attractiveness.
Positive market outlook, especially for digital and outdoor channels.
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Latest events from VO2 Cap
- Record growth and profitability in 2025, led by AdTech and strategic restructuring.VO2
Q4 20256 Feb 2026 - AdTech growth and improved profitability drive revenue and cash flow gains, with reduced debt.VO2Q3 202530 Oct 2025
- AdTech growth and portfolio streamlining drive improved margins despite subsidiary bankruptcy.VO2Q2 202525 Jul 2025
- Q3 saw revenue growth but a major impairment drove a net loss; digital segments outperformed.VO2Q3 202413 Jun 2025
- Revenue grew 1.3% in Q2, with DOOH and AdTech driving margin gains despite lower net results.VO2Q2 202413 Jun 2025
- Profitability and cash flow improved as VO2 executed strategic portfolio actions.VO2Q1 20255 Jun 2025
- Stable revenue and margin gains in 2024, but net loss from large goodwill impairments.VO2Q4 20245 Jun 2025
Next VO2 Cap earnings date
Q2 202624 Jul, 2026
VO2 Cap
Next VO2 Cap earnings date
Q2 202624 Jul, 2026
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