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Smoltek (SMOL) investor relations material
Smoltek Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Transitioned from technology development to industrial validation and market introduction of CNF-MIM platform, focusing on reliability and commercial readiness.
Strengthened liquidity through loans totaling 17 MSEK and organizational changes, including a new CFO.
Continued development in hydrogen technology, targeting reduced use of precious metals and improved efficiency.
Financial highlights
Net sales for Q1 2026 were 0 KSEK, down from 273 KSEK in Q1 2025.
Net loss for the period was -9,393 KSEK, an improvement from -10,226 KSEK year-over-year.
Earnings per share were -0.05 SEK (vs. -0.13 SEK in Q1 2025).
Cash and cash equivalents at period end were 3,109 KSEK, down from 15,280 KSEK a year earlier.
Equity at period end was 64,222 KSEK, compared to 74,270 KSEK in Q1 2025.
Outlook and guidance
Focus on industrialization, validation, and commercial growth, with ongoing customer dialogues and adaptation.
Initial production capacity for capacitors established in partnership with ITRI in Taiwan.
Continued strategic partnership with Heraeus for hydrogen electrode commercialization.
Ongoing efforts to secure long-term financing to support planned development and industrialization.
- Sales fell and losses continued, but commercialization and partnerships advanced.SMOL
Q4 202523 Feb 2026 - Strategic tech progress and robust funding drive growth amid continued R&D investment.SMOL
Q3 20256 Nov 2025 - Losses continued amid R&D focus, but key tech and financing milestones accelerated commercialization.SMOL
Q2 202528 Aug 2025 - Net loss narrowed and technical breakthroughs achieved, but revenue fell to zero.SMOL
Q3 202413 Jun 2025 - Reduced losses, new capital, and strategic asset sale process mark a pivotal Q2 for Smoltek.SMOL
Q2 202413 Jun 2025 - Magnus Andersson named CEO as Smoltek targets rapid commercialization and global growth.SMOL
Status Update6 Jun 2025 - Smoltek secured key financing and tech milestones in Q1 2025, advancing toward commercialization.SMOL
Q1 20256 Jun 2025 - Losses narrowed and technical breakthroughs position Smoltek for future growth.SMOL
Q4 20246 Jun 2025
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