Aixia Group (AIXIA) Q1 2026 earnings summary

Executive summary

• Q1 2026 marked a turning point with a return to positive profit after financial items of SEK 77 thousand, reversing a negative trend from 2025.

• Underlying business growth is evident when adjusting for a one-off digital transaction in Q1 2025.

• Strategic acquisitions of White Red SW2 AB and Webland AB have broadened recurring revenue and accelerated integration benefits.

• Efficiency and restructuring programs initiated in 2025 are delivering measurable cost savings, with full impact expected by June 2026.

Financial highlights

• Net revenue for Q1 2026 was SEK 44,650 thousand, down from SEK 85,939 thousand in Q1 2025 due to a non-recurring SEK 44 million transaction last year.

• EBITDA reached SEK 2,957 thousand, compared to SEK 4,671 thousand in Q1 2025.

• Operating profit was SEK 490 thousand, a significant improvement from the negative full-year 2025 result.

• Earnings per share for Q1 2026 were SEK 0.05, down from SEK 1.38 in Q1 2025.

• Cash flow from operating activities was SEK -2,000 thousand, mainly due to working capital changes post-acquisitions.

Outlook and guidance

• Geopolitical tensions, economic downturn, and high component prices with long lead times are expected to persist in the coming quarter.

• The company anticipates continued structural advantage through its AiQu orchestration tool and expects further benefits from efficiency programs.