Dlaboratory Sweden (DLAB) Q1 2026 earnings summary

Executive summary

• Transitioned to a pure technology company after divesting Svensk Linjebesiktning in January 2026, focusing on digital and data-driven monitoring and analysis of power grids.

• Business model now centers on proprietary hardware and software, with growing recurring license revenues and a scalable platform.

• No customer churn since 2010, with 43 customers during the period and a growing installed base.

Financial highlights

• Net sales for Q1 2026 were 2,961 KSEK, up from 1,920 KSEK year-over-year.

• EBITDA improved to -2,263 KSEK from -3,064 KSEK year-over-year.

• Net income was 19,924 KSEK, driven by a 22,253 KSEK gain from the sale of the subsidiary.

• Cash flow for the quarter was 31,145 KSEK, with cash and equivalents at 35,744 KSEK at period end.

• Equity ratio increased to 67% from 42% year-over-year.

Outlook and guidance

• Focus remains on organic growth and strategic initiatives, leveraging a strengthened financial position post-divestment.

• Continued digitalization of power grids is expected to drive demand for the company’s solutions.