Consulting company Provide IT reports both lower revenue and a loss in the first quarter of the broken fiscal year, compared with the same period the previous year. Revenue fell to 6,3 million kronor (6,5).The operating loss was reduced to -27 000 kronor, compared with -1,1 million kronor the previous year."The change is largely due to several cost-saving measures initiated by management", says CEO Philip Kornmann, while also pointing out that the comparative period includes several one-off or non-recurring items, including costs related to the replacement of the former CEO.Kornmann further states that the company has implemented additional measures."The first improvements should be visible in the figures for the second and third quarters of the 2026/2027 fiscal year. The full effect will be noticeable at the beginning of next year", he says.Profit after tax amounted to -0,05 million kronor (-0,9). Earnings per share amounted to -0,01 kronor (-0,13).Due to the challenging market conditions for smaller players, Provide IT has contacted industry peers to see whether there are opportunities for a merger."The initial contacts led to positive discussions. Therefore, we have decided to continue with this project. We are open to initiating discussions with all parties that may be interested in this area", says Kornmann.Provide IT, SEK millionQ1-2026/2027Q1-2025/2026ChangeNet sales6,36,5-3,1%Operating profit0,0-1,1Net profit-0,05-0,9Earnings per share, kronor-0,01-0,13