At the end of the second quarter of 2026, Vertiseit's Annual Recurring Revenue (ARR) amounted to SEK 440.0 million (290.2), representing an increase of 52.3% at constant exchange rates. Software as a Service (SaaS) revenue for the quarter increased by SEK 24.7 million to SEK 97.8 million (73.1). Sequentially, ARR grew organically by 2.9% compared with the previous quarter at constant exchange rates, corresponding to an annualized organic growth rate of 12.2%. Net sales increased by 18.6% to SEK 199.3 million (168.1), partly driven by the acquisition of Scala, which has been included in the Group's financial statements since 1 June. Adjusted EBITDA for the quarter amounted to SEK 36.7 million (21.6), corresponding to an adjusted EBITDA margin of 18.4% (12.9). Free cash flow for the quarter amounted to SEK 18.9 million (0.8).
THE QUARTER APRIL–JUNE 2026
- Net sales increased by 18.6 percent to 199.3 MSEK (168.1).
- Net profit/loss for the period amounted to -18.3 MSEK (-16.9), impacted by acquisition and integration costs of approximately 28.6 MSEK related to Scala.
- At the end of the quarter, Annual Recurring Revenue (ARR) amounted to 440.0 MSEK (290.2). The increase was 52.3 percent compared with the previous year at constant exchange rates.
- Software as a Service (SaaS) revenue for the quarter increased by 24.7 MSEK to 97.8 MSEK (73.1).
- Sequentially, ARR grew organically by 2.9 percent compared with the previous quarter at constant exchange rates, corresponding to an annualized organic growth rate of 12.2 percent.
- Adjusted EBITDA amounted to 36.7 MSEK (21.6), and the adjusted EBITDA margin was 18.4 percent (12.9). During the quarter, adjustments for items affecting comparability totaling 28.7 MSEK were made, primarily related to the acquisition of Scala.
- Free cash flow for the quarter amounted to 18.9 MSEK (0.8). Available liquidity, including unutilized credit facilities, amounted to 151.8 MSEK (198.5) at the end of the period.
- Earnings per share, before and after dilution, amounted to -0.57 SEK (-0.56).
SIGNIFICANT EVENTS DURING THE QUARTER
- Vertiseit announced the acquisition of Scala, a leading global Digital Signage software company, significantly strengthening the Group’s global position in In-store Experience Management (IXM), broadening its product portfolio, and expanding its presence in the North American market. The acquisition was completed on June 1, 2026.
- To finance the acquisition of Scala, Vertiseit completed a directed share issue to existing and new shareholders, raising approximately 182 MSEK before transaction costs through the issuance of 3,033,314 new Class B shares at a subscription price of 60.00 SEK per share.
- The TO 5A warrant program expired. Through the exercise of the warrants, Vertiseit received approximately 13 MSEK before transaction costs.
INVESTOR PRESENTATION
Johan Lind, CEO, and Jonas Lagerqvist, CFO, will present the Company's Q2 2026 Interim Report. A Q&A session will follow the presentation. The presentation will be held in English.
Time: Thursday, 16 July, 10:00 CEST
Participation: To join the presentation, click here