EmbeddedArt Group (EMART) Q2 2026 earnings summary

Executive summary

• Revenue increased by 45% year-over-year to 39,177 KSEK for January–June 2026, with net sales up 32% to 35,387 KSEK.

• EBITDA was positive at 878 KSEK, but operating income and net result turned negative at -508 KSEK and -840 KSEK, respectively, compared to positive results last year.

• The group focused on expanding its defense sector presence, securing several significant contracts and discontinuing consumer product sales to reallocate resources.

Financial highlights

• Operating income: -508 KSEK (754 KSEK last year); net result: -840 KSEK (656 KSEK last year).

• Cash flow for the period was -6,102 KSEK, down from -1,141 KSEK year-over-year.

• Earnings per share: -0.039 SEK (0.144 SEK last year).

• Total assets at period end: 57,376 KSEK.

• Equity at period end: 33,274 KSEK.

Outlook and guidance

• Management expresses optimism for the second half of 2026, citing strong order intake and a strategic focus on defense and industrial IoT.

• Anticipates further opportunities from new and existing framework agreements, especially in the defense sector.