EmbeddedArt Group (EMART) Q1 2026 earnings summary

Executive summary

• Revenue for January–March 2026 increased by 45.3% year-over-year to 20,548 KSEK, with net sales up 33.2% to 18,845 KSEK.

• EBITDA rose to 807 KSEK from 307 KSEK, and operating profit reached 608 KSEK compared to 88 KSEK last year.

• Net profit for the period was 469 KSEK, up from 32 KSEK year-over-year.

• The acquisition of Granit Teknikbyrå AB as a wholly owned subsidiary strengthened capabilities in defense and lifecycle services.

Financial highlights

• Earnings per share increased to 0.022 SEK from 0.002 SEK year-over-year.

• Cash flow for the period was -7,701 KSEK, compared to -4,256 KSEK last year.

• Total assets at quarter-end were 59,556 KSEK, with equity of 34,584 KSEK.

• Cash and cash equivalents at period end were 3,844 KSEK.

Outlook and guidance

• Focus remains on delivering advanced products and services across defense, industry, and civil protection, with recurring revenue expected from long product lifecycles.

• Market growth anticipated due to increased defense investments aligned with NATO guidelines.