Goodbye Kansas Group (GBK) Q1 2026 earnings summary

Executive summary

• Net sales increased 25% year-over-year to SEK 56.9 million, driven by strong prior order intake and improved operational discipline.

• EBITDA turned positive at SEK 2.2 million, up SEK 5.3 million from the prior year, reflecting restructuring and cost control.

• Order book rose 58% year-over-year to SEK 58.2 million, though order intake for the quarter declined 82% to SEK 10.7 million.

• Profit before tax reached SEK 2.3 million, a SEK 7.7 million improvement year-over-year.

• New CEO Carsten Myhill appointed, bringing over 20 years of industry experience.

Financial highlights

• Net sales: SEK 56.9 million (SEK 45.4 million Q1 2025).

• EBITDA: SEK 2.2 million (SEK -3.1 million Q1 2025).

• EBIT: SEK 1.7 million (SEK -3.5 million Q1 2025).

• Earnings per share: SEK 0.06 (SEK -0.16 Q1 2025).

• Cash and cash equivalents: SEK 11.8 million (SEK 11.2 million Q1 2025).

• Net cash position improved to SEK 1.9 million (SEK 1.2 million Q1 2025).

Outlook and guidance

• Focus remains on profitable growth, project discipline, and leveraging technology for efficiency.

• Signed contracts post-quarter total SEK 46 million, supporting confidence in future performance.

• Management expects continued improvement in cash liquidity and aims for full-year profitability.