Overview
Sweden health tech firm's Q1 2026 revenue grew yr/yr, profitability improved
Company's EBITDA margin rose, driven by stronger gross profit and economies of scale
Company acquired ITworks and launched Peru as first official South American market in Q1
Outlook
Company did not provide specific guidance or forecasts for the current or future periods in press release
Result Drivers
GROSS PROFIT AND ECONOMIES OF SCALE - Co said improved EBITDA margin was mainly due to stronger gross profit and economies of scale
ITWORKS ACQUISITION - Co said it acquired ITworks during the qtr but had not yet achieved full synergy effects from the merger
Company press release: ID:nWkrhwqPs
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Gross Margin
37.00%
Q1 EBITDA
SEK 142.30 mln
Q1 EBITDA Margin
15.40%
Q1 Gross Profit
SEK 341.50 mln
Analyst Coverage
Wall Street's median 12-month price target for Zinzino AB is SEK222.00, about 60.5% above its May 21 closing price of SEK138.30
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago
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.)