OODA AI (OODA) H1 2026 earnings summary

Executive summary

• Launched a unified AI platform with over 150 models, enabling scalable enterprise AI solutions and pay-per-use pricing.

• Revenue declined to 16.8 MSEK (20.2 MSEK) due to resource focus on launch and customer migration, but EBITDA improved to 3.0 MSEK (2.1 MSEK), with a positive net result of 0.9 MSEK (-2.3 MSEK).

• Major organizations onboarded, including a global audit firm and a large manufacturing company; existing customers migrated to the new platform.

• Web3 initiative postponed due to volatile token markets; technical groundwork completed.

Financial highlights

• Revenue: 16.8 MSEK (down from 20.2 MSEK year-over-year); net sales: 13.2 MSEK (16.4 MSEK).

• EBITDA: 3.0 MSEK (2.1 MSEK), margin 18% (10%).

• Operating profit (EBIT): 1.2 MSEK (-1.9 MSEK); net profit: 0.9 MSEK (-2.3 MSEK).

• Earnings per share: 0.24 SEK (-0.66 SEK).

• Cash flow from operations before working capital changes: 2.7 MSEK (0.9 MSEK); closing cash: 342 TSEK (1,787 TSEK).

• New share issue of 10 MSEK completed in June 2026.

Outlook and guidance

• Focus on completing implementations, increasing usage, and converting customer dialogues into recurring revenue.

• Recurring costs from Q3 expected to be about 50% lower than H1 2026 average, supporting further margin improvement.

• Platform development and offering to large organizations with high security and compliance needs will continue.