Time People Group (TPGR) Q4 2026 earnings summary

Executive summary

• Completed a major restructuring with efficiency improvements and a focus on profitability, aiming for sustainable and competitive operations.

• Market conditions remained challenging, but demand for specialist competencies stabilized and improved in key areas such as Systems Engineering, AI, and digital development.

• Leadership transition occurred with a new interim CEO appointed in June 2026.

Financial highlights

• Full-year revenue was 156.9 MSEK, down 14% year-over-year (183.4 MSEK).

• Adjusted EBITDA (excluding one-offs) for the year was -7.5 MSEK, an improvement from -9.5 MSEK.

• EBIT for the year was -14.4 MSEK (vs. -21.1 MSEK), including goodwill amortization of 5.6 MSEK and one-off costs of 1.4 MSEK.

• Net result after tax for the year was -16.3 MSEK, compared to -23.1 MSEK the previous year.

• Earnings per share improved to -1.05 SEK from -2.99 SEK.

• Cash flow from operations for the year was -13.95 MSEK.

Outlook and guidance

• Focus for the coming year is on converting restructuring efforts into profitability and sustainable growth.

• Continued development of specialist areas and deeper customer engagement are prioritized.

• Additional capital may be required pending realization of expected positive effects from restructuring.

• No dividend proposed for the 2025/2026 fiscal year.