Litium (LITI) Q1 2026 earnings summary

Executive summary

• Annual Recurring Revenue (ARR) reached 97.1 MSEK as of March 31, 2026, up 17.8% year-over-year, nearing the 100 MSEK milestone.

• Net sales increased by 26.0% to 23.8 MSEK, with 100% of revenue being recurring, primarily from subscriptions.

• EBITDA improved to 5.9 MSEK from 3.8 MSEK, while Cash EBITDA was -1.1 MSEK, reflecting ongoing investments.

• Over 300 customers now use the platform, with strong momentum in B2B and a growing partnership with Monitor ERP.

Financial highlights

• ARR grew 17.8% year-over-year to 97.1 MSEK.

• Net sales rose 26.0% to 23.8 MSEK, with a gross margin of 69.8%.

• EBITDA margin increased to 25.0% from 20.3% year-over-year.

• Cash EBITDA was -1.1 MSEK, an improvement from -1.6 MSEK.

• Investments increased 43.6% to 8.0 MSEK, mainly due to acquisitions and product development.

Outlook and guidance

• Strong ARR and sales growth expected to continue, supported by B2B momentum and new partnerships.

• Focus remains on improving profitability while maintaining growth ambitions.