Provide IT (PROVIT) Q3 25/26 earnings summary

Executive summary

• Revenue for Q3 2025/2026 declined 22% year-over-year to 5,745 TSEK, mainly due to fewer own consultants on projects and challenging market conditions.

• Operating loss for the quarter was -590 TSEK, similar to last year, with cost-cutting initiatives mitigating further losses.

• Net loss for Q3 was -501 TSEK, with a net loss per share of -0.08 SEK.

• Sales initiatives are underway to improve project volumes and future profitability.

Financial highlights

• Q3 revenue: 5,745 TSEK (down from 7,339 TSEK year-over-year).

• Q3 operating profit: -590 TSEK (vs. -515 TSEK year-over-year).

• Q3 net profit/loss: -501 TSEK (vs. -405 TSEK year-over-year).

• 9M revenue: 16,778 TSEK (down from 20,709 TSEK year-over-year).

• 9M net loss: -2,143 TSEK, including one-time CEO change costs of 335 TSEK.

Outlook and guidance

• Focus remains on increasing sales and project volumes to drive profitability.

• Market conditions remain challenging, especially for consultant-driven revenue.