Sweden · Delayed Price · Currency is SEK BIMobject AB Earnings Call Transcripts
Fiscal Year 2026
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Q1 saw 10% ARR growth year-over-year and a significant reduction in losses, despite currency headwinds. The business is now organized into two segments, with Design Enablement as the core and Data Solutions in early growth, supported by strategic acquisitions and cost reductions.
Fiscal Year 2025
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Q4 delivered positive turnover and ARR growth, driven by new contracts and strategic partnerships, despite currency headwinds and increased investments leading to negative EBITDA. The Connect offering and AI capabilities are central to future growth plans.
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Q3 saw flat turnover growth with a 7% ARR increase, but EBITDA declined to -SEK 6.9 million due to higher development costs. Key highlights include the launch of AI features, a new CEO appointment, and a major agreement with SEG, expected to drive revenue next year.
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Q2 2025 featured flat turnover, 4% ARR growth, and a significant EBITDA decline due to increased investments and reorganization costs. New product launches and strategic acquisitions are underway, while no specific revenue guidance for 2026 is provided.
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ARR grew 7% and turnover rose 10% year-over-year, but EBITDA declined to SEK -18 million due to strategic investments and one-time costs. The company acquired GreenMetrica and Lumea AI Platform to boost AI capabilities and is preparing EandoX for scale-up.
Fiscal Year 2024
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Q4 and full-year 2024 delivered ARR and net sales growth, with strong cash reserves and improved financial results. Strategic partnerships, new product launches, and a scale-up phase position the company for international expansion amid a slowly recovering market.
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ARR and net sales grew strongly year-over-year, with recurring revenue now 80% of net sales and the first-ever positive net income achieved. Strategic investments and product development continue, supported by a robust cash position, as the company targets international growth amid ongoing market and regulatory changes.
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ARR grew 5% (8% FX-adjusted) and turnover rose 6% year-over-year, with recurring revenue now 81% of net sales. EBITDA loss was SEK -5.1 million, and cash remains strong at SEK 223 million. Growth was driven by new platforms and distributor solutions.