Free2Move (F2M) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 2026 were 2.1 MSEK, down from 3.3 MSEK year-over-year.

• Order backlog increased over 50% during the quarter, reaching 9.2 MSEK.

• Operating loss was -5.1 MSEK, nearly unchanged from -5.2 MSEK in Q1 2025.

• Net loss for the quarter was -5.2 MSEK, compared to -5.4 MSEK last year.

• 5 MSEK in shareholder contributions, mainly via conversion of previous loans, strengthened equity.

Financial highlights

• Revenue: 2.1 MSEK (Q1 2025: 3.3 MSEK).

• Operating income: -5.1 MSEK (Q1 2025: -5.2 MSEK).

• Net income: -5.2 MSEK (Q1 2025: -5.4 MSEK).

• Earnings per share: -0.02 SEK (unchanged year-over-year).

• Cash flow from operations: -6.3 MSEK (Q1 2025: -4.4 MSEK).

Outlook and guidance

• Focus remains on achieving sustainable profitability in 2026.

• Increased order backlog, reduced cost base, and more focused organization seen as key enablers.

• Market remains cautious; capital discipline and margin focus are prioritized.

• Board emphasizes need for strict cost control and systematic build-up of recurring revenues.