Advenica (ADVE) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose to SEK 40.3m from SEK 34.1m, driven mainly by service sales; EBIT improved to SEK 0.1m from a loss of SEK 2.7m.

• 9M revenue fell 17% YoY to SEK 125.9m, with EBIT at -SEK 8.5m versus SEK 19.5m; Designhouse service orders are expected to support future product sales.

Financial highlights

• Q3 gross profit was SEK 21.4m versus SEK 15.7m; net loss narrowed to SEK 0.2m from SEK 3.2m, and EPS was -SEK 0.01 versus -SEK 0.07.

• 9M net loss was SEK 9.2m versus net income of SEK 16.8m; EPS was -SEK 0.21 versus SEK 0.38.

• Trailing 12-month revenue was SEK 176.7m versus SEK 202.3m, with a net loss of SEK 9.4m versus net income of SEK 23.4m.

Outlook and guidance

• 9M Designhouse service order intake was nearly SEK 350m; these development projects are expected to lead to future product sales with higher margins.

• A SEK 41m order for encryption products won in October is scheduled for delivery next year; the products were developed through Designhouse.

• Continued product development and expansion of offerings beyond Designhouse were cited as priorities.