Compodium International (COMPDM) Q2 2026 earnings summary

Executive summary

• Achieved positive EBITDA and strong operating cash flow, reflecting operational turnaround and improved efficiency.

• Streamlined product offering under a unified brand with three core products: Kurir, Distans, and Arkiv.

• Focused commercial efforts on the Nordic defense sector and critical societal functions.

• Net revenue retention exceeded 100%, indicating successful customer expansion.

Financial highlights

• Net sales for Q2 2026 were 10.9 MSEK, down 7.5% year-over-year.

• Annual recurring revenue (ARR) was 42.1 MSEK, nearly unchanged from the previous year.

• Gross profit was 9.3 MSEK, with a gross margin of 85.6%.

• EBITDA reached 2.4 MSEK (22.2% margin), up from 1.0 MSEK (8.8%) last year.

• EBIT was -3.3 MSEK, an improvement from -5.1 MSEK year-over-year.

• Operating cash flow was 6.3 MSEK, with period-end cash at 9.6 MSEK, up from 2.9 MSEK.

Outlook and guidance

• Management expects continued growth in commercial activity and profitability, leveraging a clearer offering and more efficient organization.

• Focus remains on scaling within prioritized customer segments and maintaining high operational quality.