Sweden's Done.ai Q2 revenue rises on cross-selling initiatives
Sweden's Done.ai Q2 revenue rises on cross-selling initiatives
Overview
Sweden unified OS provider's Q2 revenue rose to SEK 139 mln, up from SEK 61 mln last year
Pro forma Q2 revenue grew 14% yr/yr, reflecting acquisitions and organic expansion
Company turned EBITDA positive after a loss last year
Outlook
Company reiterates 2028 targets of SEK 1 bln revenue and 20% underlying EBITDA margin
Company expects revenue contribution from new products to begin scaling in Q4 2026
Done.ai says it is progressing as planned toward its financial targets
Result Drivers
PRODUCT LAUNCHES - Co cited launch of Done CRM and Buy Now Pay Later products as contributing to growth
CROSS-SELLING INITIATIVES - Co said cross-selling between subsidiaries began, supporting revenue growth
EFFICIENCY GAINS - Co reported improved efficiency and a more optimized cost structure while continuing to invest in platform development
Company press release: ID:nMFN3cqD8Q
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales |
| SEK 139 mln |
|
Q2 EBITDA |
| SEK 6.26 mln |
|
Reuters Recommended Reads
Aug 19 - Sweden's Idun Industrier Q2 sales rise on acquisitions
Aug 18 - Sweden's Klarna Q2 revenue beats estimates; lowers FY outlook
Aug 18 - Sweden's Alcadon Q2 net sales rise 2.1%, EBITA up 9.1%
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
Recent news on Done.ai AB
See all newsSweden's Done.ai Q2 revenue rises on cross-selling initiatives
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