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EcoRub (ECO) investor relations material
EcoRub Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
CEO transition as Anders Färnlöf steps down and Rickard Falkman is appointed as new CEO, ensuring operational continuity and focus on sales acceleration and expansion.
Strategic collaborations initiated, including a design partnership with architect Thomas Sandell for recycled rubber products and a reseller agreement with Helsingin Kumi Oy for the Nordic market.
Significant orders received from Vartex (gym mats, SEK 330,000) and Granngården (stall mats, SEK 300,000 and SEK 400,000), with Granngården fully switching to the company's products.
Financial highlights
Net sales for Q1 2026 amounted to SEK 2.88 million, a 26.5% decrease year-over-year (Q1 2025: SEK 3.92 million), mainly due to seasonal variations and delayed product launches.
EBITDA was SEK -1.48 million (Q1 2025: SEK -1.01 million); EBIT was SEK -2.60 million (Q1 2025: SEK -2.14 million).
Result after financial items was SEK -2.90 million (Q1 2025: SEK -2.16 million); EPS remained at SEK -0.006.
Gross margin improved to 76% (Q1 2025: 63%) due to higher productivity and better raw material sourcing.
Cash and cash equivalents at period end were SEK 211,022 (Q1 2025: SEK 69,138).
Outlook and guidance
Focus for the remainder of 2026 is on increasing sales to both existing and new customers, faster delivery of test materials, and expanding the product portfolio.
Management expects improved sales conditions in 2026 and 2027 despite delayed market introduction in early 2026.
- Revenue up 9.4% and gross margin at 78%, with strategic partnerships fueling 2026 growth.ECO
Q4 202526 Feb 2026 - Sales up 14.5% YoY, major new orders, and a key global partnership drive growth.ECO
Q3 202527 Nov 2025 - Sales fell 18.8% and losses widened, but liquidity improved after a successful rights issue.ECO
Q2 202528 Aug 2025 - Net sales up 17.4%, EBITDA positive, and new tire recycling facility fully operational.ECO
Q3 202413 Jun 2025 - Net sales up 15% and EBITDA loss cut by 78% year-over-year, with strong commercial traction.ECO
Q2 202413 Jun 2025 - Record sales and improved margins highlight strong Q1 momentum and strategic progress.ECO
Q1 20256 Jun 2025 - Adjusted Q4 sales up 29% and full-year losses narrowed, driven by new products and orders.ECO
Q4 20246 Jun 2025
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