Sweden · Delayed Price · Currency is SEK Lime Technologies AB Earnings Call Transcripts
Fiscal Year 2026
-
Q3 revenue grew 11% and adjusted EBITA margin rose to 26.3%, with Rest of Europe growing faster than Sweden. AI products are beginning to contribute revenue, while ARR growth remains below the 18% target.
-
Q2 saw 10% ARR growth, 12% organic revenue growth, and a 25.4% adjusted EBITDA margin, with strong expansion in Europe and continued AI investments. Margin expansion and ARR growth are expected to improve gradually, supported by a robust financial position.
-
Q1 2026 saw 9% ARR growth, 8% organic revenue growth, and a 25% Adjusted EBITDA margin, with AI investments driving productivity and customer adoption. Expansion in Germany and Norway's utility sectors continues, while margin expansion is expected as software share rises.
Fiscal Year 2025
-
Q4 and 2025 saw profitable growth with a 25% EBITDA margin and 5% revenue growth, driven by strong software performance and international expansion, despite challenging market conditions and a SEK 6 million cyberattack sanction. Dividend payout increased to 54% of net profit.
-
Q3 saw 11% revenue growth, a 25% EBITDA margin, and 13% ARR growth, driven by strong recurring revenue and international expansion, especially in Germany. Investments in sales, AI, and staff support future growth, while the market climate remains challenging.
-
Q2 saw 5% revenue and 13% ARR growth, with a 25% EBITDA margin and 67% recurring revenue. Despite macro headwinds and slower upselling, new sales momentum remains strong, especially in CRM, and management expects improved growth in the second half.
-
Q1 saw 11% revenue growth and a 25% EBITDA margin, driven by strong subscription sales and new customer wins, despite macroeconomic headwinds and a cyberattack on Sportadmin. Recurring revenue reached 66%, and the company remains focused on profitable growth and selective acquisitions.
Fiscal Year 2024
-
Revenue and ARR grew 19% and 30% respectively, with a 25% EBITDA margin and 65% recurring revenue. Acquisitions and international expansion continued, while a cyber-attack on SportAdmin had minimal financial impact. Dividend proposed at SEK 4 per share.
-
Q3 delivered 18% revenue growth and a 25% EBITDA margin, with recurring revenue rising to 64%. Investments in staff and product development support future growth, while international expansion and a strong pipeline are expected to drive momentum into Q4 and 2025.
-
Q2 saw 21% revenue growth, 24% EBITDA margin, and 28% ARR growth year-over-year, driven by strong subscription and international performance. Investments in product, personnel, and M&A support ongoing growth despite a challenging market.