Q2 2026 Bimobject AB Earnings Call Transcript
Key Points
- ARR growth of 11% year-over-year, with revenue up 10% (14% in constant currency), indicating strong business momentum.
- Underlying EBITDA improved significantly to minus 10.0 million SEK from minus 17.8 million SEK, excluding restructuring costs, showing operational progress.
- Successful restructuring into two business areas (design enablement and data solutions) is expected to further reduce the cost base, with operating costs down 11% excluding restructuring.
- Cash position remains solid at 147 million SEK, boosted by 8.6 million SEK from employee stock option conversions.
- Retention in the existing customer base continues to improve, driven by better operations and customer handling, with potential for further gains from new product investments.
- Reported EBITDA was negative at minus 21.7 million SEK, impacted by 11.7 million SEK in restructuring costs, reflecting ongoing financial strain.
- Services revenue declined to 4.5 million SEK from 6.7 million SEK, partly due to restructuring and a shift away from project work.
- New sales were somewhat affected by the restructuring, indicating potential disruption to commercial activities.
- Data solutions remains in an investment phase with products not yet fully launched, delaying potential revenue contributions.
- The company has not yet reinstated or added more operational KPIs, leaving investors with limited visibility into strategy execution.
Hello everyone and welcome to this webinar.
Thank you for taking the time on this Friday and in July, perhaps from your vacation, to listen to us as we present our Q2 presentation for you.
So as usual on the call today, you can send your questions to [email protected] where we will do a Q&A section at the end of the call.
So you can either use the chat function here in the Zoom webinar or [email protected]. It's where you reach us.
But allow me to present our panelists today. We are joined by Niklas Ogvik, who is the CEO of BIM Object. Welcome, Niklas.
Thank you.
And we're also joined by Pari Jansson, who's the CFO of BIM Object. Welcome, Pari.
¶ -
Thank you.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
