Free2Move (F2M) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 2026 were 2.1 MSEK, down from 3.3 MSEK year-over-year.

• Operating result was -5.1 MSEK, a slight improvement from -5.2 MSEK in Q1 2025.

• Order backlog increased over 50% during the quarter, reaching 9.2 MSEK.

• Cost base was reduced and financial structure strengthened, including a 5 MSEK shareholder contribution.

• The company remains in a challenging transformation phase, focusing on profitable growth and operational discipline.

Financial highlights

• Net income for Q1 2026 was -5.2 MSEK, compared to -5.4 MSEK in Q1 2025.

• Cash flow from operating activities was -6.3 MSEK, down from -4.4 MSEK year-over-year.

• Earnings per share for the quarter were -0.02 SEK, unchanged from the previous year.

• 245,503,774 shares outstanding as of the report date.

Outlook and guidance

• Priority for 2026 is to achieve sustainable profitability, leveraging increased order backlog and a lower cost base.

• Market remains cautious; capital discipline and focus on cash flow-positive, low-risk, high-margin deals are emphasized.

• Further organizational clarity and execution strength are required to convert backlog into profitable deliveries.