Qbim (QBIM) Q1 2026 earnings summary

Executive summary

• Revenue increased to SEK 1.1 million in Q1 2026 from SEK 0.8 million year-over-year, reflecting continued user growth in the SaaS segment.

• Active users in Q-Sales grew by 47% during the quarter, supporting the strategy of scalable, recurring revenue products.

• Strategic focus on product development and expansion into the Norwegian market, with positive initial feedback.

• New pilot project for Q-Sales launched, with potential for 70 licenses and SEK 400,000 in annual recurring revenue.

Financial highlights

• EBITDA was SEK -2.6 million, down from SEK -0.5 million year-over-year.

• EBIT was SEK -3.0 million, compared to SEK -0.6 million in Q1 2025.

• Net loss before tax was SEK -3.1 million, versus SEK -0.8 million last year.

• Gross margin declined to 15.1% from 50.8% year-over-year.

• Cash flow from operations after working capital changes was SEK -2.5 million.

Outlook and guidance

• Management expresses confidence in continued scalable growth, driven by investments in product development and market expansion.

• Cost structure has been adjusted post-quarter to improve efficiency.