APR Technologies (APRTEC) Q1 2026 earnings summary

Executive summary

• Q1 2026 marked the first quarter as a listed company, with strengthened financial position from recent share issues and a focus on industrialization and commercialization of advanced cooling technology.

• Significant organizational expansion and new customer orders, including a key pre-series order from a global tech company, supported the transition to industrial-scale operations.

Financial highlights

• Net revenue increased by 22% year-over-year to 4,121 TSEK in Q1 2026.

• EBIT was -10,945 TSEK, down from -2,517 TSEK in Q1 2025, reflecting expansion investments.

• Net loss after tax was -10,781 TSEK, compared to -2,624 TSEK a year earlier.

• Cash flow from operations was -9,238 TSEK, with cash and cash equivalents at 83,316 TSEK at period end.

• Earnings per share were -0.44 SEK, compared to -0.18 SEK in Q1 2025.

Outlook and guidance

• No financial forecasts provided, but the company is progressing toward commercial breakthroughs with its micro-pump technology and expanding production capacity in Sweden.

• Ongoing recruitment and organizational strengthening to meet global tech industry demands.