Sweden's BIMobject Q1 EBITDA loss narrows

Bimobject AB

05/05/2026 07:07

Overview

Sweden product data platform's Q1 net sales fell 1%, but rose 7% currency-adjusted

EBITDA loss narrowed to SEK 8.6 mln from SEK 18.1 mln last year

Company reorganized into two business areas, targeting SEK 25 mln annual cost reduction

Outlook

Company did not provide specific guidance or forecasts for the current or future periods

Result Drivers

RECURRING REVENUE GROWTH - Co said recurring revenue rose 6% and accounted for 85% of total sales

COST REDUCTION INITIATIVES - Co reorganized into two business areas, targeting SEK 25 mln annual operating cost reduction

Company press release: ID:nMFN84SMgm

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 43 mln
Q1 Adjusted Free Cash Flow
SEK 1.20 mln
Q1 ARR
SEK 147.50 mln
Q1 EBITDA
-SEK 8.60 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.)