SolidX (SOLIDX) investor relations material

Executive summary

• Achieved significant improvement in profitability during Q1 2026/2027, with EBITDA rising to 1.1 MSEK from -72 KSEK year-over-year, and EBIT improving by 1.2 MSEK to -0.1 MSEK despite a 19% drop in revenue.

• Liquidity strengthened, with cash and cash equivalents increasing by 72% to 8.9 MSEK compared to the same period last year.

• Cost structure adjustments and operational efficiency measures contributed to improved margins and resilience during a seasonally weak quarter.

Financial highlights

• Revenue for Q1 2026/2027 was 24.6 MSEK, down from 30.5 MSEK year-over-year (19% decrease).

• EBITDA reached 1.1 MSEK (4.7% margin), up from -72 KSEK; EBIT improved to -0.1 MSEK from -1.3 MSEK.

• Net loss for the period was -659 KSEK, compared to -1,590 KSEK last year.

• Cash flow from operations was 230 KSEK, down from 2,136 KSEK, mainly due to lower positive effects from receivables.

• Investments in proprietary software totaled 1.0 MSEK during the quarter.

Outlook and guidance

• Focus remains on maintaining cost discipline while reigniting revenue growth through sales, new customer relationships, and expanding consultant assignments.

• Continued development of the AI-driven Solid Match platform is expected to support future scalability and growth.