Checkin.com (CHECK) Q1 2026 earnings summary

Executive summary

• Net revenue for Q1 2026 declined 24% year-over-year to KSEK 14,374, with negative trends in Travel and iGaming verticals.

• Gross profit margin improved to 74% (from 70%), and EBITDA margin rose to 29% (from 12%) due to cost optimizations.

• Operating profit remained negative at KSEK -2,649, but net loss narrowed to KSEK -2,724 compared to the prior year.

• Cash flow from operating activities increased to KSEK 7,475, and cash position at quarter-end was KSEK 15,383.

• New CEO Arif Rehman started after the quarter, emphasizing focus, commercial discipline, and targeted product development.

Financial highlights

• Net revenue: KSEK 14,374, down 24% year-over-year and 7% sequentially.

• Gross profit: KSEK 10,611, margin 74% (up from 70%).

• EBITDA: KSEK 4,141, margin 29% (up from 12%).

• Operating profit (EBIT): KSEK -2,649; Net result: KSEK -2,724.

• Cash flow from operations: KSEK 7,475; cash and cash equivalents: KSEK 15,383.

Outlook and guidance

• CEO signals a shift to a more focused product portfolio and stronger commercial discipline.

• Structural tailwinds expected from regulatory trends in the European identity verification market.

• Emphasis on sustainable growth and building up the commercial team.