Creturner Group (CRET) Q1 2026 earnings summary

Executive summary

• Shifted strategic focus entirely to AI/digital technology due to strong margins and market demand, while environmental technology receives significantly reduced attention as commercial viability lags behind expectations.

• AI segment achieved exceptional net margins (90% in April, 91% in May), with high utilization and strong growth prospects, but expansion is constrained by limited investment capital.

• Environmental technology partnerships and contracts continue, but new investments are paused pending market changes.

Financial highlights

• Group Q1 2026 net revenue was SEK 3.1 million, down from SEK 10.9 million year-over-year.

• Operating result for Q1 2026 was SEK -8.0 million, compared to SEK +0.9 million in Q1 2025.

• Operating margin dropped to -254% from 8% year-over-year.

• Cash position at quarter-end was SEK 0.05 million.

• Earnings per share for Q1 2026 was SEK -0.11.

Outlook and guidance

• AI business expected to deliver rapid returns once investment capital is secured, with ongoing negotiations for financing.

• Environmental technology growth is deferred, with ongoing monitoring of market conditions for future re-engagement.