Anoto Q1 sales rise 6% on retail sales growth

Inq AB (publ)

29/05/2026 07:10

Overview
Digital pen maker's Q1 net sales rose 6% yr/yr to SEK 6.9 mln
Gross margin increased to 75% from 69%, while operating loss narrowed
Company closed new secured convertible loan and named Jonathan Faiman as CEO

Outlook
Company says focus is now on execution, customer deployments, revenue and operating leverage

Result Drivers
GROSS MARGIN IMPROVEMENT - Co said gross margin rose to 75% from 69%, citing cost base reduction through adoption of AI tools and workflows
RETAIL SALES GROWTH - Retail segment net sales rose 17% yr/yr to SEK 3.4 mln
COST BASE REDUCTION - Headcount cut from 44 to 31 full time equivalent employees via AI adoption

Company press release: ID:nGNEbW6S7w

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
 
SEK 6.90 mln
 
Q1 Adjusted EPS
 
-SEK 0.01
 
Q1 Gross Margin
 
75.00%
 
Q1 EBIT
 
-SEK 9 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.)