Ortelius International (ORTIN) investor relations material

Executive summary

• Net sales increased 5% year-over-year to SEK 15.8 million, but performance was impacted by delayed project starts and ongoing investments in transformation and organizational development.

• EBITDA was negative at SEK -5.3 million, and operating profit (EBIT) declined to SEK -9.2 million, reflecting higher costs and delayed revenue recognition.

• The company completed a reverse takeover and acquisition in 2025, fundamentally changing its structure; current results reflect the new group.

• Strategic focus remains on building a scalable business in Data Readiness and Enterprise AI, with long-term customer relationships providing recurring revenue.

Financial highlights

• Net sales: SEK 15.8 million (up from SEK 15.1 million year-over-year).

• EBITDA: SEK -5.3 million (down from SEK 0.8 million year-over-year).

• Operating profit: SEK -9.2 million (down from SEK -1.3 million year-over-year).

• Profit for the period: SEK -10.5 million (down from SEK -1.9 million year-over-year).

• Earnings per share: SEK -0.1 (improved from SEK -5.2 year-over-year due to share structure changes).

Outlook and guidance

• Investments and delayed project starts are expected to impact Q2, but several projects are approaching implementation, supporting a gradual improvement in H2 2026.

• Focus remains on operational efficiency, profitability, and transitioning to positive cash flow.

• Further refinancing or balance sheet measures are anticipated to support financial stability.