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CodeMill (CDMIL) investor relations material
CodeMill Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
ARR increased by 20% year-over-year to 52,148 KSEK, driven by new product sales and higher demand for session-based services.
Net sales declined 17% year-over-year to 15,818 KSEK, mainly due to a strategic shift away from non-core volume assignments.
EBIT for the quarter was 1,478 KSEK, up from 1,412 KSEK in the prior year.
EBITDA margin remained stable at 27%.
Cash flow from operating activities improved to 7,021 KSEK.
Financial highlights
Net sales: 15,818 KSEK (down 17% year-over-year).
ARR: 52,148 KSEK (up 20% year-over-year).
EBIT: 1,478 KSEK (up from 1,412 KSEK year-over-year).
EBITDA: 4,243 KSEK (margin 27%).
Net income: 1,543 KSEK (up from 1,457 KSEK year-over-year).
Cash and cash equivalents: 31,916 KSEK.
Soliditet (equity ratio): 65%.
Outlook and guidance
Positive customer validation for new AI initiatives and product launches at NAB show.
Continued focus on scalable product business and recurring revenues.
Customers express interest in integrating new AI solutions.
- Revenue fell 27% year-over-year, but recurring revenues and new contracts supported future growth.CDMIL
Q4 202513 Feb 2026 - Recurring revenue up 20% year-over-year, with positive profit and strong cash flow despite lower sales.CDMIL
Q3 20257 Nov 2025 - Revenue fell 31% in Q2, but recurring product revenues and new contracts signal strategic progress.CDMIL
Q2 202522 Aug 2025 - Q3 saw 22% revenue growth, higher margins, and a strategic pivot toward product revenues.CDMIL
Q3 202413 Jun 2025 - Q2 saw 55% adjusted revenue growth, surging recurring income, and strong profitability.CDMIL
Q2 202413 Jun 2025 - Recurring revenue growth and strong margins offset turbulence from a failed takeover bid.CDMIL
Q1 20256 Jun 2025 - Codemill posts record profit and recurring revenue growth, proposing first-ever dividend.CDMIL
Q4 20245 Jun 2025
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