Overview
Sweden forensic tech firm's Q1 net sales rose 7.6% yr/yr, currency-adjusted growth 14.7%
Company posted wider Q1 operating loss and negative EPS amid ongoing product investments
Annual contract value grew, with 38% yr/yr rise in March, reflecting expansion in recurring revenue base
Outlook
Company expects continued investments may temporarily impact profitability in 2026
Micro Systemation aims to increase defense sector revenue share in 2026
Company plans to drive new business in emerging markets and expand market share
Result Drivers
PRODUCT DEVELOPMENT - Co said ongoing investments in product development, including new launches and updates, aimed to strengthen customer value and support long-term growth
RECURRING REVENUE GROWTH - Annual contract value grew, with a 38% rise in March, reflecting an expanding recurring revenue base, per co
NEW FEATURES AND PRODUCTS - Launches such as XRY Pro Express and expanded device support contributed to portfolio strength, according to co
Company press release: ID:nWkr4QPDTR
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 101.20 mln
Q1 Adjusted EPS
-SEK 0.31
Q1 Net Income
-SEK 5.80 mln
Q1 Adjusted Free Cash Flow
SEK 1.50 mln
Q1 EBIT
-SEK 7.40 mln
Q1 EBIT Margin
-7.30%
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the office equipment peer group is "buy."
Wall Street's median 12-month price target for Micro Systemation AB (publ) is SEK75.50, about 1.8% above its April 27 closing price of SEK74.20
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.)