Sweden's Greater Than Q2 net sales fall 26% on prior-year one-off

Greater Than AB

20/08/2026 06:54

Overview
Sweden AI risk intelligence firm's Q2 net sales fell 26% due to prior-year one-off revenue
Company's Q2 net loss widened, impacted by legal costs and Nasdaq disciplinary fine
Settlement with ABAX AS after Q2 to boost Q3 operating result by about SEK 40 mln

Outlook
Company expects SEK 40 mln positive impact on Q3 2026 operating result from ABAX settlement
Greater Than shifting focus to commercial execution and revenue generation in coming quarters
Company reviewing product suite and client portfolio to prioritize partnerships and core clients

Result Drivers
ONE-OFF REVENUE IMPACT - Q2 net sales fell due to absence of prior-year non-recurring revenue for customer-specific product development
LEGAL AND DISCIPLINARY COSTS - Net result was negatively impacted by Nasdaq fine and litigation costs totaling SEK 2.8 mln
CURRENCY FLUCTUATIONS - Results were positively impacted by currency fluctuations of approx. SEK 0.8 mln

Company press release: ID:nMFN9YfRZb

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Sales
 
SEK 1.20 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.)