Q1 2026 Techstep ASA Earnings Call Transcript
Key Points
- Techstep ASA (OSL:TECH) reported a 4% year-over-year increase in revenues, reaching NOK219 million.
- The company successfully completed a strategic carve-out, allowing for a sharper focus on core business areas.
- Techstep ASA (OSL:TECH) achieved a 17% year-over-year growth in its own software platforms, indicating strong long-term potential.
- The company secured significant new agreements, including a major contract in Spain with Generalitat de Catalunya and a large order in Norway for Apple devices.
- Techstep ASA (OSL:TECH) has implemented a new ERP system in Norway and Sweden, enhancing operational efficiency and supporting cost reduction over time.
- The net gross profit margin declined by 7 percentage points year-over-year, ending at 26%.
- EBITA adjusted was reported at minus NOK11.5 million, a decline of NOK12.5 million compared to the previous year.
- The company experienced a decrease in net gross profit by 18% year-over-year due to the discontinuation of a legacy telecom expense solution and a one-off consulting implementation.
- Operational costs, including personnel costs, increased by NOK1 million compared to the same quarter last year.
- Techstep ASA (OSL:TECH) reported a net loss of NOK29 million for the period, with total amortization of NOK10 million.
Good morning, and welcome to our Q1 investor update. Techstep's position remains clear. We are a leading mobile and circular technology partner, helping customers acquire, deploy, manage and secure and recycle their assets at scale in a responsible and efficient way.
Our message is consistent across the presentation, focus on our core business, continued scaling of our platforms, fueled by swift execution. We are building a leaner, more repeatable operating model, strengthening the backbone through system and process upgrades and keeping a tight grip on the cost base while accelerating commercial momentum.
At the end of this presentation, we will open up for questions. You can also submit your questions in the chat or using our irtechstep.io e-mail.
We are live from our headquarter in Oslo, and I'm so pleased to co-present today with our new CFO, Havard Haukdal. Havard brings deep expertise across corporate finance, strategic financial management and operational leadership, including building the finance platform for scaling
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