ScandiDos (SDOS) Q3 2026 earnings summary

Executive summary

• Revenue for Nov 2025–Jan 2026 decreased 23% year-over-year to SEK 13.7 million, mainly due to project delays in Europe and India.

• Underlying business activity remains stable, with most delayed projects expected to complete in coming quarters.

• Profitability was negatively impacted by lower sales and uneven regional revenue distribution.

• Cost control and efficiency measures are ongoing, with realized savings expected to further improve profitability.

Financial highlights

• Net sales for the quarter: SEK 13.7 million (down from SEK 17.7 million year-over-year).

• Gross margin stable at 74% (same as previous year).

• EBITDA for the quarter: SEK -0.8 million (down from SEK 1.5 million year-over-year).

• Net result for the quarter: SEK -1.7 million (down from SEK 1.1 million year-over-year).

• Cash flow from operations for the quarter: SEK 0.7 million (down from SEK 1.2 million year-over-year).

• For the nine months: revenue SEK 40.1 million (down 14%), EBITDA SEK -1.5 million, net result SEK -3.6 million.

Outlook and guidance

• Most delayed projects are expected to be completed before fiscal year-end.

• Market outlook remains positive, with stable demand for measurement systems and services.

• Next-generation measurement system development is on track, with continued validation and evaluation planned.