Zaplox (ZAPLOX) investor relations material

Executive summary

• Achieved significant profitability improvement in Q2 2026, with result after financial items at 439 TSEK versus -3,335 TSEK year-over-year, driven by cost discipline and organizational changes implemented in 2025.

• Net sales declined to 4,449 TSEK from 5,126 TSEK due to fewer large projects and lower one-time revenues, but recurring subscription revenues remained stable.

• The company continues to focus on a partner-based SaaS business model, strengthening market presence and scalability.

Financial highlights

• Q2 2026 net sales: 4,449 TSEK (down from 5,126 TSEK year-over-year); gross margin: 92% (up from 91%).

• Annual recurring revenue (ARR) at period end: 16,912 TSEK (down from 17,787 TSEK year-over-year).

• Result after financial items: 439 TSEK (up from -3,335 TSEK); EPS: 0.01 SEK (up from -0.09 SEK).

• Cash flow from operations: 758 TSEK (up from -2,486 TSEK); cash at period end: 1,244 TSEK.

• Equity at period end: 850 TSEK; equity ratio: 11%.

Outlook and guidance

• The company expects continued stabilization of liquidity and financial position, with a focus on leveraging the improved cost structure for future growth.

• Management emphasizes that profitability improvements are due to cost control, not volume growth, and aims to translate this foundation into future expansion.