edyoutec (WIG) Q1 2026 earnings summary

Executive summary

• Transitioned from investment phase to commercial growth, focusing on SaaS revenue and international expansion, especially in the GCC region.

• Completed technical integration with Skiply/RAKBANK in UAE; platform ready for launch pending market conditions.

• Strategic shift away from traditional consulting to proprietary products and recurring SaaS income, including the phased wind-down of German subsidiaries.

Financial highlights

• Net revenue for Q1 2026 was 36 TSEK, up from 4,829 TSEK in Q1 2025.

• EBITDA for Q1 2026 was -873 TSEK, compared to 314 TSEK in Q1 2025.

• EBIT for Q1 2026 was -1,605 TSEK, improved from -2,875 TSEK in Q1 2025.

• Net result for Q1 2026 was -852 TSEK, a significant improvement from -6,136 TSEK in Q1 2025.

• Investments during the quarter totaled -45 TSEK, down from -111 TSEK in Q1 2025.

• Cash flow for Q1 2026 was -170 TSEK, compared to -190 TSEK in Q1 2025.

Outlook and guidance

• Positioned for scalable SaaS growth with low fixed costs and established distribution partners.

• Commercial launch in UAE expected once market conditions stabilize; additional strategic partnerships in GCC under negotiation.

• Conservative internal scenarios suggest even modest user conversion rates could cover current cost base.