Overview
Sweden cyber resilience provider's H2 2025 revenue declined yr/yr due to strategic repositioning
Gross margin improved to 22% from 20%, driven by shift to higher-margin services
EBITDA loss narrowed, supported by reduced operating expenditure and cost optimisation
Outlook
Company says focus for 2026 is on driving profitability and strengthening recurring revenue streams
Result Drivers
STRATEGIC REPOSITIONING - Co said revenue decline reflected exit of Trinexia DMCC and absence of large one-off deals from prior period
SALES AND PROCUREMENT DELAYS - Extended enterprise sales cycles and delays in government procurement, particularly in Southern Africa, impacted revenue timing
HIGHER-MARGIN SERVICES - Gross margin improvement driven by shift toward managed services, implementation services, and growth in Security Operations Centre
Company press release: ID:nMFN8t7Cnp
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H2 Gross Margin
22.00%
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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.)