Precio Fishbone (PRCO) Q1 2026 earnings summary

Executive summary

• Net sales increased by 3.8% year-over-year to 45.3 MSEK in Q1 2026, with EBITA up 23.1% to 2.3 MSEK and EBITA margin rising to 5.1% from 4.3%.

• Net income after tax rose to 1.0 MSEK from 0.4 MSEK, and earnings per share doubled to 0.11 SEK.

• The company continues to invest in proprietary SaaS solutions and has launched new offerings, including a crisis water supply service for municipalities.

Financial highlights

• Operating cash flow before working capital changes was 3.6 MSEK (2.6 MSEK), or 0.40 SEK per share (0.28 SEK).

• Total cash flow for the quarter was 0.8 MSEK, with cash and equivalents at 17.2 MSEK at quarter-end.

• Equity increased to 177.2 MSEK, and the equity ratio improved to 77.6% from 76.7% at the start of the year.

Outlook and guidance

• The market remains characterized by price competition and slow investment decisions, with ongoing geopolitical uncertainty expected to impact the Swedish economy and customer demand.

• The company expects improved utilization rates in coming quarters and sees growth opportunities in both public and private sectors.