Ranplan Group (RPLAN) H1 2026 earnings summary

Executive summary

• Total income for H1 2026 was SEK 11.1 million, down 13% year-over-year, with net sales at SEK 6.1 million, a 12% decrease, mainly due to FX effects and lower research-related income.

• Operating loss improved to SEK -6.3 million from SEK -8.1 million in H1 2025, with net loss at SEK -6.9 million versus SEK -9.4 million.

• Cash flow from operations strengthened to SEK -1.7 million from SEK -8.3 million, aided by SEK 7.6 million in R&D tax credit collections.

• Gross margin remained near 100%, reflecting a pure software licensing model with minimal third-party resale.

• Customer base expanded with new and existing clients, and new reseller agreements were signed in North America, Europe, and Australia.

Financial highlights

• Net sales: SEK 6.1 million (down 12% year-over-year).

• Total income: SEK 11.1 million (down 13% year-over-year).

• Operating loss: SEK -6.3 million (improved from SEK -8.1 million).

• Net loss: SEK -6.9 million (improved from SEK -9.4 million).

• Earnings per share: SEK -0.09 (improved from SEK -0.17).

• Cash at period end: SEK 4.0 million; SEK 37.9 million of credit line unutilised.

Outlook and guidance

• No formal financial guidance provided due to limited visibility.

• Management confident in ability to scale net sales rapidly with a few large orders, leveraging high gross margins.

• Focus remains on growth segments such as private wireless, public safety, and preparation for 6G.

• AI-driven product enhancements and open format advocacy expected to drive future value creation.