Sweden's Safeture says Q1 helped by demand due to Mideast conflict; sees growth through 2026

Safeture AB

24/04/2026 07:14

Overview

Sweden SaaS risk management platform's Q1 revenue rose 1% yr/yr, annual recurring revenue up 8%

Company reported positive EBIT and cashflow for the quarter

Growth driven by higher platform usage during Iran conflict and new partner additions

Outlook

Company says it sees healthy growth in its sales pipeline for 2026

Safeture expects continued momentum from early strong order intake through the remainder of the year

Company sees growth opportunities in adjacent areas and plans to update on progress

Result Drivers

IRAN CONFLICT IMPACT - Increased platform usage during the Iran conflict drove higher demand, according to CEO Magnus Hultman

NEW PARTNERS - Addition of several new partners expanded the company's network and contributed to growth

IMPROVED SALES PIPELINE - Company cited a healthy sales pipeline from existing and new partners across more geographies

Company press release: ID:nWkrbBF8g3

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
SEK 14.7 mln
SEK 15 mln (1 Analyst)
Q1 Adjusted EPS
SEK 0.01
Q1 EPS
SEK 0.01
Q1 Annual Recurring Revenue
SEK 61.80 mln


Analyst Coverage

Wall Street's median 12-month price target for Safeture AB is SEK7.00, about 93.4% above its April 23 closing price of SEK3.62

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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.)