StrongPoint (STRO) Q3 2026 (Q&A) earnings summary

Executive summary

• Q3 revenue was NOK 364.1m, up 14.0% YoY; EBITDA was NOK 17.6m versus NOK 13.8m, while rolling 12-month recurring revenue fell 4% to NOK 365m.

• Strategic wins included Meijer’s first US Order Picking deployment and VILLOID’s AutoStore Pio project, expected to be the world’s largest Pio installation.

Financial highlights

• Q3 revenue rose NOK 44m to NOK 364.1m; YTD revenue was NOK 1,048.7m, up 3.2%.

• Q3 EBITDA was NOK 17.6m versus NOK 13.8m, with a 4.8% margin versus 4.3%; YTD EBITDA was NOK 32.4m versus NOK 31.4m.

• Q3 net loss was NOK 2.4m versus net profit of NOK 17.1m; YTD net loss was NOK 19.1m versus net profit of NOK 5.7m.

• Q3 EBIT was NOK 7.6m versus NOK 3.2m; YTD EBIT was NOK 0.9m versus a loss of NOK 0.4m.

• EBITDA excluding option cost was NOK 18m versus NOK 14m in Q3 and NOK 34m versus NOK 34m YTD.

Outlook and guidance

• Long-term ambitions remain healthy revenue growth and an EBITDA margin above 10%; quarterly results may vary with project deliveries and rollouts.

• Cost actions over the next 9–12 months target external and internal costs, staffing alignment, productivity and core processes; AI is being considered to improve processes and customer offerings.

• Successful implementation of signed Order Picking assignments is key to realizing projected recurring revenue; Meijer rollout was expected to continue before the holiday freeze and resume early in H1, while Sainsbury’s rollout aims to reach all stores.