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Corrected: Sweden's INQ Group Q2 sales rise on enterprise growth, loss widens

CORRECTED-Sweden's INQ Group Q2 sales rise on enterprise growth, loss widens

Corrects third Overview bullet to fix timing of developments


Overview

  • INQ Group (formerly Anoto Group) Q2 net sales rose 64% yr/yr, driven by retail and enterprise growth

  • Operating loss widened and loss per share increased compared with Q2 2025

  • Company launched new education platform during Q2 and completed name change to INQ Group AB after quarter-end


Outlook

  • Company expects Filevine and LAMY partnerships to contribute increasing profitability toward end-2026

  • INQ Group expects to announce further partnership developments in Q3 and Q4

  • Company aims to convert enterprise pipeline into commercial agreements and deployments during H2 2026 and 2027


Result Drivers

  • ENTERPRISE SALES - Enterprise revenue jumped 83% to SEK4.3 mln, driven partly by deliveries under the Filevine partnership

  • RETAIL GROWTH - Retail revenue rose 39% to SEK2.3 mln despite a planned inventory wind-down ahead of the LAMY product transition

  • HIGHER COSTS - Operating expenses rose, widening Q2 operating loss to SEK26.7 mln from SEK21.1 mln


Company press release: ID:nGNE8gdPHV


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Sales

SEK 6.60 mln

Q2 Loss Per Share

SEK 0.03

Q2 Gross Margin

54.00%

Q2 EBIT

SEK -26.70 mln


Reuters Recommended Reads

  • Aug 31 - Swedish investment firm SpectrumOne's Q2 operating loss narrows

  • Aug 31 - Sweden's Hilbert Group Q2 operating loss widens amid Bitcoin decline

  • Aug 31 - Volvo Cars to close Stockholm office in efficiency drive


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.)

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