The data communications specialist Exalt reports lower revenue and a weaker result in the first quarter of 2026.Net sales fell to SEK 10.4 million (13.3). Operating profit was SEK -0.6 million (0.2).The company states that the lower revenue was a result of reduced business volume. The comparable period also included a larger product deal of nearly SEK 2 million.EBITDA amounted to SEK -0.6 million (0.2), while profit for the period was SEK -0.7 million (0.1).Cash and cash equivalents amounted to SEK -1.3 million (2.8) at the end of the quarter. Including unused overdraft facilities, cash and cash equivalents amounted to SEK 1.7 million.During the quarter, a new COO was appointed with a focus on profitability and productivity. After the end of the quarter, the board appointed Andreas Ferm as the new CEO effective May 4.The new CEO states that the immediate focus is on turning the company profitable and ensuring long-term sustainability and development."I look forward to returning with a clearer picture of our strategic direction in connection with the report for Q2," writes Andreas Ferm.Key figures, SEK millionQ1 2026Q1 2025ChangeRevenue10.413.3-21.8%EBITDA-0.60.2Operating profit-0.60.2Profit before tax-0.70.1Net profit-0.70.1