Sweden · Delayed Price · Currency is SEK Lasernet Group AB Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw strong margin improvements, with adjusted EBIT at 19% and EBITDA at 26%, driven by cost savings and a focus on SaaS growth. ARR reached SEK 228 million, and over 90% of revenue is recurring, supporting stable cash flow.
Fiscal Year 2025
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Net sales and profitability improved year-over-year, driven by restructuring and a strategic shift toward SaaS and recurring revenue. The divestment of the Public sector business enables a SEK 760 million shareholder distribution, while cost reductions and a focus on organic growth position the company for scalability.
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Q3 saw strong revenue and margin growth, with recurring revenues now at 91% of net sales and a 13% organic growth rate. The divestment of the public segment is set to bring significant cash inflow, and the focus shifts to scaling within the Dynamics ERP ecosystem.
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A divestment of the public business area for up to SEK 850 million will allow a full focus on the fast-growing Lasernet business, which now represents a highly scalable, SaaS-driven operation with strong recurring revenue growth. Shareholders are set to receive a substantial distribution from the proceeds.
Fiscal Year 2024
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Q4 2024 saw 27% SaaS revenue growth and 3% higher net sales, with recurring revenue now over 80% of total. EBIT fell to SEK 7 million (excluding one-offs), but strong ACV and delivery momentum support a positive outlook as cost calibration and product innovation continue.
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Net sales grew to SEK 130 million with recurring revenue surpassing 80% of sales and SaaS revenue up 30% year-over-year. EBIT margin improved despite one-off costs, and new Lasernet product tiers are expected to drive future growth.
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Net sales declined due to a large Danish contract, but recurring revenues grew strongly, now covering over 80% of total revenue. Private sector SaaS and banking segments showed robust growth, while public sector delivery revenues fell. Product portfolio consolidation and new offerings are expected to drive future upsell and efficiency gains.