Sweden's Vertiseit Q1 ARR rises 24%, net sales fall on strategic shift in revenue mix

Vertiseit AB (publ)

22/04/2026 05:17

Overview

Swedish in-store experience platform's Q1 ARR rose 24% yr/yr, SaaS revenue increased

Q1 net sales fell 3.5%, driven by a strategic shift in revenue mix

Adjusted EBITDA margin improved to 16.6% from 12.0% yr/yr

Outlook

Company did not provide specific guidance or outlook for future periods

Result Drivers

REVENUE MIX SHIFT - Net sales fell 3.5% as company pursued a strategic change in revenue mix

SaaS GROWTH - SaaS revenue increased by 12.9 MSEK to 85.6 MSEK

ORGANIC ARR INCREASE - ARR grew organically by 3.3% from previous quarter at constant exchange rates

Company press release: ID:nMFN31YycP

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
SEK 1.70 mln
Q1 Adjusted EBITDA
SEK 27.30 mln
Q1 ARR
SEK 341 mln


Analyst Coverage

Wall Street's median 12-month price target for Vertiseit AB (publ) is SEK67.25, about 16.8% above its April 21 closing price of SEK57.60

The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 28 three months ago

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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.)