Novus Group (NOVU) Q1 2026 earnings summary

Executive summary

• Operating profit improved significantly to SEK 2.0 million from SEK 438 thousand year-over-year, with margin rising to 12.6% from 2.6%.

• Revenue slightly decreased to SEK 15.9 million from SEK 16.6 million, attributed to normal project-based fluctuations.

• Efficiency measures and prioritizations have strengthened the ability to manage project variations and capacity.

• Continued investment in data collection platforms and panel development to enhance delivery and cost efficiency.

Financial highlights

• Net sales for Q1 2026 were SEK 15,898 thousand, down from SEK 16,597 thousand in Q1 2025.

• Operating profit before tax was SEK 1,997 thousand, up from SEK 438 thousand.

• Net profit after tax reached SEK 1,579 thousand, compared to SEK 344 thousand.

• Cash flow from operations was SEK 4,259 thousand, up from SEK 1,735 thousand.

• Cash and cash equivalents at period end were SEK 8,025 thousand, up from SEK 6,347 thousand.

Outlook and guidance

• No dividend proposed for the period to further strengthen the financial position.

• Continued focus on efficiency, quality, and international expansion through Gallup International partnership.