29.4.2026 07:00:02 CEST | StrongPoint | Half yearly financial reports and audit
reports / limited reviews
(Oslo, 29 April 2026) StrongPoint ASA reported revenues of NOK 342 million in
the first quarter of 2026 (347). The EBITDA was on level with last year with NOK
10 million (10).
"Considering the general turmoil in global markets, we are in some aspects
content with our first quarter in 2026. We experienced a flat topline and a
slightly growing recurring revenue, at 3% on a twelve-month rolling basis. Our
international markets, in particular the UK, contributed positively on topline
with a staggering 93% growth, driven by an earlier announced large AutoStore
deal. Spain also contributed positively with a 13% topline growth. Other markets
experienced a decline in topline, where Norway and Sweden specifically were hit
by the loss of earlier revenue contributions from our former Electronic Shelf
Label (ESL) partner. EBITDA development was flat, at approximately 10 MNOK in Q1
vs. same quarter last year," says Jacob Tveraabak, Chief Executive Officer of
StrongPoint.
StrongPoint reported revenues of NOK 342 million (347) in the first quarter of
2026 and an EBITDA of NOK 10 million (10). The first quarter EBIT was NOK -1
million and EBT was NOK -12 million. The net profit after tax ended at NOK -8
million in the quarter. Cash flow from operating activities was NOK -9 million.
"The 3% growth in recurring revenue is driven by an increased level of service
and support contracts following solution rollouts to various customers. As
communicated earlier, we are focusing on building a recurring revenue base with
our new partner Vusion, which includes not only ESLs, but a broad range of
in-store technologies. Whereas it will take time to build a recurring revenue
stream with our new partner, we are confident that the potential is
significantly larger than ever before," Tveraabak continues.
"As we operate in generally volatile times, our focus is to get to sustained and
robust profitability which will allow us to strengthen our balance sheet. Hence,
despite maintained revenue and profitability in Q1, we are taking additional
cost measures. The sustained interest in our diverse solution portfolio and our
continued trust by customers, makes me positive about the long-term success of
StrongPoint. Delivering above 10% EBITDA margin in our traditional Nordic and
Baltic markets provides an indication of what is achievable longer term with
regards to the ongoing scale-up internationally," Tveraabak concludes.
StrongPoint will host an in-person and streamed presentation of the first
quarter results at 07:00 CET followed by a Q&A session at 11:00 CET 29 April
2026. Questions can be submitted online during the Q&A or via email at:
investor@strongpoint.com.
The Annual General Meeting will be held as an Audiocast at 10:00 CET. Questions
can be submitted via email to: investor@strongpoint.com.
The webcast and audiocasts are available atstrongpoint.com -
http://strongpoint.comand can also be accessed by the following links:
Q1 Presentation: https://qcnl.tv/p/2TVnpbF08mfg7qWl7quCNA
Live Q&A Audiocast: https://qcnl.tv/p/V96IHqKOZnRmcac6A1kpJw
General Meeting Audiocast: https://qcnl.tv/p/5ehIVnQfUSMnlepGld8AxQ
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Marius Drefvelin, CFO StrongPoint ASA, +47 958 95 690,
marius.drefvelin@strongpoint.com
ABOUT STRONGPOINT
StrongPoint is a grocery retail technology company that provides solutions to
make shops smarter, shopping experiences better, and online grocery shopping
more efficient. With approximately 500 employees in Norway, Sweden, the Baltics,
Finland, Spain, the UK and Ireland, and together with a wide partner network,
StrongPoint supports grocery and retail businesses in more than 20 countries.
StrongPoint provides end-to-end e-commerce solutions, including in-store order
picking, automated fulfillment (with AutoStore), click & collect
temperature-controlled grocery lockers, and in-store and drive-thru grocery
pickup solutions. The company also delivers a range of in-store technologies,
such as electronic shelf labels, AI-powered self-checkouts, and cash management
and payment solutions. StrongPoint is headquartered in Norway and is listed on
the Oslo Stock Exchange with a revenue of approximately NOK 1.4 billion [ticker:
STRO].
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18881733/8416/Download%20announce
ment%20as%20PDF.pdf
StrongPoint Q1 2026.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18881733/8383/StrongPoint%20Q1%20
2026.pdf
StrongPoint Q1 2026 print version.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18881733/8384/StrongPoint%20Q1%20
2026%20print%20version.pdf
StrongPoint Q1 2026 Presentation.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18881733/8385/StrongPoint%20Q1%20
2026%20Presentation.pdf