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Obducat (OBDU) investor relations material
Obducat Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue increased by 94% year-over-year to 13.0 MSEK, with improved operating results and a strengthened cash position following a rights issue.
A major three-year Foundry Services contract worth at least 115 MSEK was signed post-period, supporting growth and exceeding the 100 MSEK rolling 12-month order intake target.
System orders to universities and institutes reinforce the position in academic research and advanced development environments.
Financial highlights
Revenue: 13.0 MSEK (6.7 MSEK Q1 2025), gross margin: 69% (60%), operating result: -6.6 MSEK (-9.4 MSEK), pre-tax result: -10.5 MSEK (-13.4 MSEK).
Cash flow for the quarter was 5.3 MSEK, positively impacted by the rights issue which raised 37.2 MSEK before costs.
Order intake for the quarter was 9.5 MSEK (12.1 MSEK), with an order backlog of 59.1 MSEK (97.5 MSEK).
Equity at period end was 75 KSEK, with a solidity of 0%.
Outlook and guidance
The goal of achieving positive cash flow in 2026 remains, supported by a strong order backlog and new contracts.
Ambition to exceed 100 MSEK in both order intake and revenue on a rolling 12-month basis, with a targeted annual revenue growth rate (CAGR) of at least 15% from 2026 to 2028.
- Sharp revenue drop and operating loss in 2025; liquidity stabilized by rights issue in 2026.OBDU
Q4 202520 Feb 2026 - Sharp revenue drop and losses prompt new financing and strategic focus on 2026 recovery.OBDU
Q3 202514 Nov 2025 - Revenue and order intake fell significantly, with liquidity and financing risks remaining acute.OBDU
Q2 202525 Jul 2025 - Revenue up in Q3, but weak order intake and financing risks threaten ongoing operations.OBDU
Q3 202413 Jun 2025 - Revenue and margins improved in Q2, with higher order intake and a positive H2 outlook.OBDU
Q2 202413 Jun 2025 - Order intake rose and liquidity improved after a 35 MSEK rights issue, despite a wider Q1 loss.OBDU
Q1 20256 Jun 2025 - Order intake rebounded in Q4, but full-year results were impacted by delays and financing needs.OBDU
Q4 20245 Jun 2025
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