Litium (LITI) Q2 2026 earnings summary

Executive summary

• Achieved Annual Recurring Revenue (ARR) of 100.1 MSEK as of June 30, 2026, up 18.6% year-over-year, surpassing the 100 MSEK milestone.

• Net sales for Q2 2026 grew 32.1% to 25.1 MSEK, with 100% of revenue from recurring sources.

• EBITDA for Q2 reached 5.2 MSEK, up from 3.3 MSEK last year; Cash EBITDA improved to -1.3 MSEK from -2.4 MSEK.

• Strengthened board with new members experienced in SaaS and international growth.

• Launched new packaged offering with Monitor, resulting in a double-digit number of new customers.

Financial highlights

• Q2 2026 net sales: 25.1 MSEK (up 32.1% year-over-year); H1 2026 net sales: 48.9 MSEK (up 29.1%).

• Q2 gross margin: 69.5% (vs. 69.0% last year); H1 gross margin: 69.7% (vs. 68.7%).

• Q2 EBITDA: 5.2 MSEK (3.3 MSEK last year); H1 EBITDA: 11.1 MSEK (7.1 MSEK last year).

• Q2 EBIT: -1.0 MSEK; H1 EBIT: -1.1 MSEK.

• Net result per share Q2: -0.05 SEK; H1: -0.05 SEK.

• Investments in Q2: 6.7 MSEK (up 13.2%); H1: 14.6 MSEK (up 27.9%).

• Cash at period end: 11.8 MSEK (vs. 4.2 MSEK last year).

Outlook and guidance

• Management optimistic about achieving positive results in each coming quarter.

• Continued focus on organic growth, profitability, and product innovation.

• Market trends indicate strong digital commerce growth, especially in B2B.