Skolon (SKOLON) Q1 2026 earnings summary

Executive summary

• Revenue grew 18.9% year-over-year to 38.3 Mkr in Q1 2026, with 100% organic growth.

• EBITDA turned positive at 54 Tkr, up from -613 Tkr in Q1 2025.

• Paying users increased 18.4% to 1,038,170 compared to Q1 2025.

• ARPPU rose to 196 SEK from 173 SEK year-over-year.

• Strategic partnership with NE AB launched, expanding digital content offerings.

Financial highlights

• Net income for Q1 2026 was -1.7 Mkr, an improvement from -2.1 Mkr in Q1 2025.

• Cash flow from operations was 5.1 Mkr, down from 12.8 Mkr in Q1 2025.

• Net cash position at period end was 30.3 Mkr.

• Gross margin improved to 35.8% from 34.2% year-over-year.

• Digital license revenues accounted for 98.6% of total revenues.

Outlook and guidance

• Growth trajectory aligns with communicated strategy, with continued focus on international expansion.

• Anticipates increased demand for secure, data-driven digital learning solutions in line with EU and national initiatives.

• Upcoming period includes key purchasing and planning cycles for the next school term.