Zenicor (ZENI) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 was 7,365 KSEK, up 5% year-over-year; net profit reached 105 KSEK compared to a loss of -87 KSEK in Q2 2025.

• H1 2026 revenue totaled 15,134 KSEK, a 7% increase year-over-year; net profit for H1 was 270 KSEK versus a loss of -533 KSEK in H1 2025.

• Growth driven by new and existing customers, new contracts, and high usage rates; positive feedback from clients.

• Extended procurement agreement with Region Dalarna by two years, now valid through 2028.

• Launch of Zenicor Solution, including Zenicor Flex, in the UK with first pilot customers secured.

Financial highlights

• Q2 2026 net sales: 7,365 KSEK (Q2 2025: 7,043 KSEK); H1 2026 net sales: 15,134 KSEK (H1 2025: 14,128 KSEK).

• Q2 2026 net profit: 105 KSEK (Q2 2025: -87 KSEK); H1 2026 net profit: 270 KSEK (H1 2025: -533 KSEK).

• Earnings per share Q2 2026: 0.004 SEK (Q2 2025: -0.006 SEK); H1 2026: 0.010 SEK (H1 2025: -0.038 SEK).

• Operating result Q2 2026: 511.7 KSEK (Q2 2025: 126.5 KSEK).

• Cash flow from operations for H1 2026: 2,473 KSEK.

Outlook and guidance

• Anticipates increased growth rate in H2 2026 due to new contracts and higher usage from both new and existing customers.

• Expects balanced cash flow in coming quarters, supported by cost control and stable debt levels.

• Sees significant growth potential in the private provider segment and UK market.