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Terranet (TERRNT) investor relations material
Terranet Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Signed first two evaluation agreements in the defense sector, expanding into new verticals driven by BlincVision's low latency and rapid detection capabilities.
Delivered BlincVision MVP to external partners, receiving positive feedback on usability and system performance; ongoing evaluations continue.
Increased visibility through participation in Neuromorphic Sweden and Amyna Accelerate, fostering industry connections and new business opportunities.
Showcased BlincVision at The Electric Mine 2026 with Jakob Mining Vehicles, marking first joint exposure with a partner.
Nominated Torsten Bernström to the Board, bringing defense and IT expertise.
Financial highlights
Revenue for Q1 2026 was SEK 0, unchanged from Q1 2025.
Operating loss improved to SEK -7,940 thousand from SEK -9,176 thousand in Q1 2025, reflecting lower external costs.
Net loss for the quarter was SEK -8,140 thousand, compared to SEK -9,851 thousand in Q1 2025.
Earnings per share improved to SEK -0.004 from SEK -0.01 year-over-year.
Cash and cash equivalents at quarter-end were SEK 25.9 million, down from SEK 37.7 million at year-end 2025.
Outlook and guidance
Focus remains on commercializing BlincVision, targeting commercial agreements generating revenue in 2026.
Continued business development in automotive and expansion into new use cases, with strengthened IP and patent portfolio.
Ongoing evaluations and customer dialogues expected to lead to long-term collaborations.
- BlincVision MVP reached external evaluations, funding secured, and commercialization targeted for 2026.TERRNT
Q4 20256 Feb 2026 - BlincVision reached key milestones and SEK 12.6M was raised through warrants.TERRNT
Q2 20241 Feb 2026 - Autonomous braking milestone achieved, but ongoing losses and funding needs create uncertainty.TERRNT
Q3 202416 Jan 2026 - BlincVision nears MVP launch with strong funding, team growth, and 2025 commercialization plans.TERRNT
Q4 202423 Dec 2025 - MVP launched, MSEK 40 raised, and first proprietary patent secured amid ongoing losses.TERRNT
Q2 202523 Nov 2025 - Q1 loss widens, but MVP progress and 40 MSEK funding secure operations into 2026.TERRNT
Q1 202515 Nov 2025 - BlincVision MVP delivered; losses persist, financing remains critical for continued operations.TERRNT
Q3 202524 Oct 2025
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