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Ortivus (ORTI) investor relations material

Ortivus Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary7 May, 2026

Executive summary

  • Net sales rose 18% year-over-year to SEK 21.5 million, with recurring contracts contributing SEK 11.2 million.

  • Gross margin improved to 47% from 42% year-over-year, reflecting a shift toward higher-margin services and licenses.

  • EBITDA turned positive at SEK 1.7 million, compared to SEK -1.1 million in Q1 2025.

  • Net profit after tax was SEK -1.3 million, an improvement from SEK -2.4 million year-over-year.

  • Strategic focus on AI integration in products and operations, with new product modules and upgrades rolled out.

Financial highlights

  • Revenue in the UK increased to SEK 10.6 million from SEK 7.9 million year-over-year.

  • Operating expenses were SEK 11.1 million, up from SEK 10.0 million, mainly due to increased R&D and changes in reporting structure.

  • Cash flow from operating activities was SEK -7.3 million, impacted by lower accounts payable and decreased operating expenses.

  • Cash and cash equivalents at period end totaled SEK 7.1 million, up from SEK 2.1 million year-over-year.

  • Equity ratio improved to 31% from -16% year-over-year.

Outlook and guidance

  • No formal forecasts provided; management highlights ongoing market transition and strong customer interest in new product generation.

  • Continued focus on AI-driven innovation and expansion of recurring revenue streams.

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