Wyld Networks (WYLD) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 2026 were TSEK 59, a sharp decline from TSEK 506 year-over-year.

• Total income dropped to TSEK 93 from TSEK 2,050 compared to Q1 2025.

• Operating loss increased to TSEK -5,437 from TSEK -5,014 year-over-year.

• A comprehensive cost reduction program reduced personnel costs by 28% and overall operating expenses by 22%.

• The company initiated a strategic shift toward drone applications, securing a pilot order and forming a joint venture with OKT Technology AB.

Financial highlights

• Net sales: TSEK 59 (Q1 2026) vs. TSEK 506 (Q1 2025).

• Total income: TSEK 93 (Q1 2026) vs. TSEK 2,050 (Q1 2025).

• Operating loss: TSEK -5,437 (Q1 2026) vs. TSEK -5,014 (Q1 2025).

• Loss for the period: TSEK -5,884 (Q1 2026) vs. TSEK -5,276 (Q1 2025).

• Earnings per share before dilution: SEK -0.008 (unchanged year-over-year).

Outlook and guidance

• The company expects financial stability in 2026 to be supported by a planned rights issue.

• The acquisition of OKT Technology AB is anticipated to positively impact future sales and liquidity.

• The addressable market for the new drone segment is estimated at USD 500 million annually, with potential for significant volume sales.