Image Systems (IS) Q2 2026 earnings summary

Executive summary

• Net sales declined significantly year-over-year due to challenging market conditions and cautious customer investment, especially impacting the RemaSawco business area.

• Motion Analysis achieved higher net sales and improved operating profit, driven by a successful transition to a subscription-based model and increased order backlog.

• The Group's liquidity weakened, prompting a planned rights issue to support ongoing development and future growth initiatives.

Financial highlights

• Q2 net sales: MSEK 30.0 (49.5); H1 net sales: MSEK 47.7 (88.5), both down year-over-year.

• Q2 EBITDA: MSEK -1.2 (2.7); H1 EBITDA: MSEK -7.9 (5.5).

• Q2 gross margin: 77% (63%); H1 gross margin: 82% (67%), reflecting a favorable revenue mix.

• Q2 earnings per share: SEK -0.10 (-0.04); H1: SEK -0.25 (-0.07).

• Q2 order intake: MSEK 27.4 (26.8); H1: MSEK 46.0 (57.7).

• Q2 order backlog: MSEK 68.1 (84.6).

Outlook and guidance

• The Group maintains a long-term strategy of investing in market presence and product portfolios to strengthen its position.

• Rights issue planned to support RemaSawco’s liquidity and ongoing development projects.

• Motion Analysis’s recurring revenue model and direct sales expansion are expected to drive future growth and profitability.