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Spineway (ALSPW) investor relations material
Spineway Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 2026 revenue reached €2.2 million, down 23% year-over-year due to regulatory and supply chain delays.
Despite the slowdown, the growth trajectory for 2026 remains confirmed, with a robust order backlog.
The lag between orders and revenue is expected to normalize from H2 2026, reducing quarterly volatility.
Financial highlights
Q1 2026 revenue: €2.2 million, compared to €2.8 million in Q1 2025.
Previous quarter (Q4 2025) saw strong growth of +38% year-over-year.
Outlook and guidance
Growth trajectory for 2026 is confirmed, with normalization of supply chain and regulatory delays anticipated in H2 2026.
Expectation that order-to-revenue lag will diminish, stabilizing revenue recognition.
- Revenue up 4%, gross margin improved, and net loss narrowed amid global expansion.ALSPW
Q4 202517 Feb 2026 - 2025 revenue rose 4% to €12.4M, with Q4 up 34% on strong global sales and deferred orders.ALSPW
Q4 2025 TU13 Jan 2026 - Q3 2025 revenue jumped 18% year-over-year, led by Premium products and export growth.ALSPW
Q3 2025 TU14 Oct 2025 - Net loss narrowed by €2 million in H1 2025, with growth target and strong cash position maintained.ALSPW
H1 202530 Jul 2025 - Revenue up 21% year-over-year to €9.1M, led by strong international growth.ALSPW
Q3 2024 TU13 Jun 2025 - Revenue up 20% and operating loss narrows as cost savings and export growth continue.ALSPW
H1 202413 Jun 2025 - Q1 2025 revenue fell 8% year-over-year, but export sales outside Europe rose 9%.ALSPW
Q1 2025 TU6 Jun 2025 - Revenue up 14% and net loss nearly halved, driven by acquisitions and cost controls.ALSPW
H2 20246 Jun 2025 - Spineway achieved 14% revenue growth in 2024, led by strong international expansion.ALSPW
Trading Update5 Jun 2025
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