Cooling systems company APR Technologies increased revenue in the first quarter. The company also increased its loss in line with plan. Net sales grew to SEK 4.1 million (3.4). Operating profit, meanwhile, deteriorated to SEK -10.9 million (-2.5). Profit after tax amounted to SEK -10.8 million (-2.6) and earnings per share were SEK -0.44 (-0.18).The company says the increase in costs is linked to ongoing industrialization, organizational buildout and market development. "One of the quarter's most important events was the pre-series order worth SEK 1.5 million from the global tech companywith which we have previously collaborated. The customer has integrated our EHD pump technology into itsproduct development, and the order is an important step toward industrialization and futurevolume production. Work on final design, production adaptation and preparations forscaling-up has therefore continued with high priority", CEO Lars Almhem says in a comment.He continues."During the quarter, we held discussions with customers and potential partners in Europe, the USand Asia and met with great interest, which confirms our view of the market: thermalchallenges are already a limiting factor for many of the technologies now growingfastest and the need for more efficient, compact and reliable cooling is increasing rapidly withindata centers, AI infrastructure, advanced electronics, space, defense and battery systems. APR'stechnology offers a solution. By controlling the coolant flow directly at chip level, without movingparts, we achieve more efficient cooling, higher operational reliability and a more compact system design."The head of APR Technologies further writes that the most important thing going forward is to maintain the pace of industrialization, continue developing customer relationships and ensure that the organization, processes and production grow in line with market demands. "It is a demanding phase, but also a phase where APR has better conditions than before to turn many years of technology development into industrial and commercial value", Almhem says. APR Technologies, SEK millionQ1 2026Q1 2025ChangeRevenue4.13.422%Operating profit-10.9-2.5Net profit-10.8-2.6Earnings per share, SEK-0.44-0.18