Agtira (AGTIRA) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 35% YoY, including 13% organic growth; stable production across all facilities supported the strongest quarterly result to date.

• EBITDA, EBIT and net income turned positive in Q3, while operating cash flow reached MSEK 14.5.

Financial highlights

• Q3 net sales were MSEK 29.8 vs 22.0; EBITDA MSEK 6.7 vs -1.8; EBIT MSEK 2.7 vs -8.1; net income MSEK 2.2 vs -8.9.

• Q3 EPS was SEK 0.02 vs -0.09; operating cash flow was MSEK 14.5 vs -1.5.

• Jan–Sep net sales were MSEK 88.0 vs 53.1, up 66% YoY, with 23% organic growth; EBITDA was MSEK 14.8 vs -12.1 and EBIT MSEK -3.7 vs -25.3.

• Jan–Sep net loss was MSEK 5.2 vs 29.0; EPS was SEK -0.04 vs -0.31; operating cash flow was MSEK 20.3 vs -20.3.

Outlook and guidance

• Target is positive consolidated EBITDA for FY 2026; management expressed confidence in reaching the goal following strong nine-month progress and cost efficiencies.

• The 15,000 sqm Påarp lighting project is expected to enable year-round production and add ~MSEK 40 in annual revenue when operational in early 2027.

• A further ~20,000 sqm greenhouse expansion at the existing site is possible, conditional on securing additional electricity capacity.