Published: 8/19/2026 8:18:59 AM
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(addition throughout the news)Software company Vidhance reports lower revenue and a worsened EBITDA result in the second quarter compared with the same period a year earlier."We are seeing positive developments, but an individual quarter should always be viewed with caution. We are not yet where we want to be, but the quarter shows that our efforts are beginning to bear fruit, not least through the first contribution from Defence and Vision Systems. We operate in a volatile market, characterised by macroeconomic factors and business cycles that place high demands on perseverance and focus," says CEO Johan Bolin.Revenue fell to SEK 4.0 million (5.3). Revenue increased slightly compared with the previous quarter.EBITDA was -SEK 5.3 million (-4.0).Profit after net financial items amounted to -SEK 5.4 million (-5.7), and net profit was -SEK 5.4 million (-5.7).Earnings per share amounted to -SEK 1.19 (-1.24).Operating expenses decreased to SEK 9.6 million (12.2). Cash flow after investing activities was -SEK 6.3 million (-6.2)."The quarter was also burdened by one-off costs. These include administrative and legal costs related to supporting the customer that has been involved in a patent dispute in the US. As previously communicated, we have not had any other costs related to the dispute. In addition, we have implemented cost-saving measures that weigh on results in the short term but strengthen our cost structure and profitability going forward. We are entering the third quarter with a significantly lower cost base than a year ago," the CEO says.He adds: "Overall, the quarter shows several encouraging signs, and we retain a humble and realistic view of the path ahead". Vidhance, SEK millionQ2-2025Q2-2024ChangeRevenue4.05.3-24.5%EBITDA-5.3-4.0-32.5%Net profit-5.4-5.75.3%Earnings per share, SEK-1.19-1.244.0%
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