Wise Group (WISE) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was SEK 120.4 million, down 11% year-over-year, but higher than Q4 2025, indicating stabilization.

• Adjusted operating result was flat year-over-year despite lower revenue, reflecting effective cost control.

• All operations now consolidated under the "Wise" brand, with new segment reporting structure.

• Strategic share issue to Dahlgren Capital to strengthen financial position and support acquisition-driven growth.

Financial highlights

• EBITDA was SEK 0.5 million (SEK 3.6 million in Q1 2025); adjusted EBITDA was SEK 3.3 million (SEK 4.4 million), margin 2.7% (3.3%).

• Operating result (EBIT) was SEK -3.0 million (SEK -1.2 million); adjusted EBIT was SEK -0.2 million (SEK -0.3 million).

• Net result was SEK -3.5 million (SEK -1.7 million); EPS SEK -0.47 (SEK -0.22).

• Cash flow from operations was SEK -1.9 million (SEK 0.1 million); cash at period end SEK 15.9 million (SEK 33.2 million).

• Equity ratio was 26.3% (28.6%).

Outlook and guidance

• Focus remains on returning to organic growth and pursuing acquisitions if opportunities arise.

• Financial targets: average annual organic growth of 8–10% and operating margin of 6–8% over a cycle.