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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.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.
- Gross margin rose to 40% in 2025 despite lower sales and significant non-recurring costs.ORTI
Q4 202519 Feb 2026 - Sales and margins fell, but new capital and rising demand support a positive outlook.ORTI
Q3 202528 Nov 2025 - Q2 2025 saw 11% sales growth, improved margins, and major contract wins, with a rights issue planned.ORTI
Q2 202525 Aug 2025 - Net sales rose 17% in Q3 2024, with gross margin up to 47% and losses narrowing sharply.ORTI
Q3 202413 Jun 2025 - Q2 sales declined and losses widened, but new contracts and cost cuts set up H2 recovery.ORTI
Q2 202413 Jun 2025 - Net sales declined 18% while gross margin rose to 42%, amid ongoing digital investments.ORTI
Q1 20256 Jun 2025 - Q4 sales up, full-year loss deepened, but cash flow and new contracts signal growth potential.ORTI
Q4 20245 Jun 2025
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