Amido (AMIDO) Q2 2026 earnings summary

Executive summary

• Recurring revenue (ARR) grew by 10% year-over-year to 31.0 MSEK, with low churn rates maintained at 0.7–0.8%.

• Net sales for Q2 were unchanged at 10.2 MSEK compared to the same quarter last year; for H1, net sales increased by 4% to 19.8 MSEK.

• EBITDA for Q2 was -1.1 MSEK, a 0.6 MSEK improvement year-over-year when adjusted for capitalizations.

• The company is focusing on scaling its SaaS business, strengthening commercial capabilities, and expanding partnerships.

• New CCO and board member appointments aim to boost commercial development and market position.

Financial highlights

• Q2 net sales: 10.2 MSEK (unchanged year-over-year); H1 net sales: 19.8 MSEK (+4%).

• Q2 EBITDA: -1.1 MSEK (0.4 MSEK last year); adjusted EBITDA: -1.1 MSEK (-1.7 MSEK last year).

• Q2 pre-tax result: -3.5 MSEK (-1.6 MSEK last year); adjusted pre-tax: -3.5 MSEK (-3.7 MSEK last year).

• H1 pre-tax result: -6.1 MSEK (-3.2 MSEK last year); adjusted pre-tax: -6.1 MSEK (-7.4 MSEK last year).

• Q2 result per share: -0.12 SEK (-0.05 SEK last year); H1: -0.21 SEK (-0.11 SEK last year).

• Cash at period end: 10.1 MSEK; no credit facilities.

Outlook and guidance

• Focus remains on converting investments and organizational changes into higher sales activity and growth.

• The company maintains its strategy to develop Smart Access through a scalable SaaS model for long-term profitable growth.