APR Technologies (APRTEC) Q2 2026 earnings summary

Executive summary

• Revenue grew 53% year-over-year in Q2 2026 and 40% for the first half, driven by expansion in prioritized business areas.

• The company is in an industrialization and commercialization phase, focusing on Space & Defence, Energy, and Chip Cooling.

• Significant capital injection of approximately 55 MSEK from exercised warrants (TO 1) strengthens financial position.

• Negative EBIT and net results reflect ongoing investments in production capacity, organization, and market development.

Financial highlights

• Q2 2026 revenue: 7,111 TSEK (up from 4,654 TSEK in Q2 2025); H1 2026 revenue: 11,232 TSEK (up from 8,042 TSEK in H1 2025).

• Q2 2026 EBIT: -11,104 TSEK (65 TSEK in Q2 2025); H1 2026 EBIT: -22,049 TSEK (-2,451 TSEK in H1 2025).

• Net result after financial items: -10,809 TSEK in Q2 2026, -21,591 TSEK in H1 2026.

• Cash flow from operations: -8,253 TSEK in Q2 2026, -17,491 TSEK in H1 2026.

• Cash and cash equivalents at period end: 117,512 TSEK.

Outlook and guidance

• Continued focus on building production capacity, deepening customer and partner relationships, and advancing commercialization.

• No financial forecasts provided.

• Ongoing evaluation of partnership with IRCA/Zoppas Industries; potential framework agreement expected in Q3 2026.

• Chip Cooling collaboration with a global tech company continues, aiming for larger commercial volumes.