Nexcom (NEXCOM) Q1 2026 earnings summary

Executive summary

• Revenue grew 13% year-over-year to DKK 2,743k in Q1 2026, despite moderate customer churn.

• EBITDA loss reduced by 48% to DKK -1,171k, reflecting progress toward profitability.

• Renewed a two-year agreement with Norlys Mobil valued at DKK 2,400k and launched execution on a multi-million DKK contract.

• Expanded AI-powered solutions, including VIBE in South America and a live AI assistant for Industriens Pension.

Financial highlights

• Revenue increased to DKK 2,743k from DKK 2,434k year-over-year.

• Staff costs decreased 5% to DKK 2,402k; other external costs fell 31% to DKK 1,512k.

• EBITDA improved to DKK -1,171k from DKK -2,266k; EBIT at DKK -1,886k versus DKK -3,034k.

• Net loss after tax narrowed to DKK -1,430k from DKK -4,360k year-over-year.

• Earnings per share at DKK -0.06 for Q1 2026.

Outlook and guidance

• Revenue guidance for 2026 set at DKK 10–12 million.

• Expected EBITDA for 2026 in the range of DKK -4 million to DKK -2 million.

• Management aims for profitable growth and a cash flow positive situation in 2026.