Sweden's BIMobject Q2 sales rise 4%

Bimobject AB

31/07/2026 07:19

Overview
Sweden digital construction data firm's Q2 net sales rose 4%, recurring revenue up 10% yr/yr
Q2 EBITDA loss widened due to restructuring costs; loss excluding these costs narrowed yr/yr
Company reorganized into two business areas, targeting SEK 25 mln annual cost reduction

Outlook
Company did not provide specific guidance or outlook for future quarters or full year

Result Drivers
RECURRING REVENUE GROWTH - Co said recurring revenue rose 10% yr/yr and accounted for 87% of total net sales
RESTRUCTURING COSTS - Q2 EBITDA loss widened due to restructuring costs of MSEK -11.7
COST REDUCTION INITIATIVE - Co reorganized into two business areas, targeting SEK 25 mln annual cost reduction

Company press release: ID:nMFNTxR4h

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
SEK 42.60 mln
 
Q2 Adjusted Free Cash Flow
 
-SEK 12.10 mln
 
Q2 ARR
 
SEK 152 mln
 
Q2 EBITDA
 
-SEK 21.70 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)