SolidX (SOLIDX) Q1 25/26 earnings summary

Executive summary

• Revenue for Q1 2025/2026 was 30,454 KSEK, a 5% decrease year-over-year due to lower consultant utilization during the summer holiday period.

• EBITDA improved by 85% to -72 KSEK from -493 KSEK, reflecting better cost control and lower personnel costs.

• The company continues to see positive effects from cost structure improvements and investments in AI-driven sales and matching tools.

• A strong pipeline and stable demand from major clients are expected for the coming autumn.

Financial highlights

• Q1 net sales: 30,454 KSEK (32,024 KSEK prior year), down 5%.

• EBITDA: -72 KSEK (-493 KSEK prior year), up 85%.

• Cash flow from operations: 2,136 KSEK (2,861 KSEK prior year).

• Cash and cash equivalents at period end: 5,190 KSEK (9,000 KSEK prior year).

Outlook and guidance

• Stable demand from key customers and a robust project pipeline for the autumn.

• Continued focus on profitable growth and innovation, with ambitions to combine growth in size and quality.

• Long-term goal to surpass 1 billion SEK in net sales through organic growth and acquisitions.