Sweden's Klimator Q1 ARR rises 15%

Klimator AB

13/05/2026 07:13

Overview

Sweden road weather software firm's Q1 ARR up 15%

Company posted wider Q1 operating loss due to higher marketing and development costs

Gross margin fell to 76% from 82% on higher service and data traffic costs

Outlook

Company says timing of larger investment decisions remains difficult to predict

Klimator sees growing interest in forecast-driven and road-condition-driven salting solutions

Company expects pilot projects for forecast-driven salting in several countries ahead of winter

Result Drivers

LOWER HARDWARE SALES - Co said lower hardware sales limited overall net sales growth despite higher recurring revenue

HIGHER SERVICE AND DATA COSTS - Gross margin fell due to increased service costs for IoT stations and higher data traffic expenses

INCREASED MARKETING AND DEVELOPMENT SPEND - Operating result impacted by higher marketing and development costs, in line with plan to deliver products ahead of winter season

Company press release: ID:nMFNbtyg2N

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-SEK 0.05
Q1 Net Income
-SEK 1.66 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.)