SolidX (SOLIDX) Q4 25/26 earnings summary

Executive summary

• Achieved the strongest annual result in company history, driven by transformation, efficiency improvements, and long-term investments in technology and AI.

• Shifted from a pure consulting firm to a scalable platform business, combining profitable consulting with proprietary tech products.

• Prioritized profitability over volume, focusing on higher-quality assignments and optimized cost structure.

• Launched the AI-driven SolidMatch platform, already generating business and seen as central to future growth.

Financial highlights

• EBITDA for the year increased by 343% to 6.2 MSEK (adjusted: 7.2 MSEK), compared to 1.2 MSEK the previous year.

• Cash flow from operating activities improved by 14.9 MSEK to 12.8 MSEK, compared to -2.1 MSEK last year.

• Liquid assets at year-end rose 128% to 12.1 MSEK from 5.3 MSEK a year earlier.

• Net sales for the year were 126.9 MSEK, down from 149.3 MSEK, mainly due to fewer consultants.

• Fourth quarter EBITDA was -0.25 MSEK, impacted by one-off accounting adjustments; adjusted Q4 EBITDA was 0.7 MSEK.

Outlook and guidance

• Entering the new fiscal year with a stronger financial position, efficient organization, and several growth initiatives.

• Ambition to evolve into a scalable, tech- and platform-driven group with increasing AI and automation.

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