Provide IT (PROVIT) Q4 25/26 earnings summary

Executive summary

• Revenue for the year ended March 31, 2026, was 23,464 TSEK, down 17% year-over-year due to lower sales of own consultants and restructuring costs.

• Net loss for the year increased to 2,068 TSEK, impacted by severance costs and unsuccessful cost-cutting measures.

• The last quarter showed a positive operating profit of 75 TSEK, a turnaround from a loss in the prior year’s quarter.

• Management is exploring potential mergers with other IT consulting firms to strengthen market position.

Financial highlights

• Q4 2025/2026 revenue was 6,685 TSEK, down from 7,663 TSEK year-over-year.

• Q4 operating profit was 139 TSEK, compared to a loss of -460 TSEK in the same quarter last year.

• Full-year operating loss widened to -2,398 TSEK from -1,328 TSEK year-over-year.

• Net loss per share for the year was -0.31 SEK, compared to -0.17 SEK last year.

Outlook and guidance

• Focus remains on growing sales to achieve recurring profitability.

• Management acknowledges a challenging market, especially for smaller firms, and is seeking strategic partnerships or mergers.