Aac Clyde Space Ab · OMXSTO:AAC
Aac Clyde Space Ab — Q2 2026 Earnings Presentation
30 slides from Aac Clyde Space Ab's earnings presentation, Aug 13, 2026
Slide 1: AAC Clyde Space AB (publ) Interim Report Q2 2026
AAC CLYDE SPACE AB (publ) INTERIM REPORT Q2 2026
Slide 2: Second Quarter, April – June 2026
2 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 SECOND QUARTER, APRIL – JUNE 2026 (COMPARED WITH APRIL – JUNE 2025) Net sales amounted to Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to SEK 112.0 M (73.7) an increase of 51.9% SEK 10.7 M (3.1) Earnings before inte
Slide 3: January - June 2026
3 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 JANUARY - JUNE 2026 (COMPARED WITH JANUARY - JUNE 2025) Net sales amounted to Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to SEK 179.6 M (147.7) an increase of 21.6% SEK 8.0 M (15.0) The previous period included a
Slide 4: Events in the Second Quarter of 2026
4 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 EVENTS IN THE SECOND QUARTER OF 2026 • AAC Clyde Space signed a contract with the European • AAC Clyde Space achieved first light with the VIREON™- Space Agency valued at EUR 10.9 M (approx. SEK 119 M) 1 Earth Observation satellite, confirming that
Slide 5: Events After the End of the Reporting Period
5 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 EVENTS AFTER THE END OF THE REPORTING PERIOD • AAC Clyde Space received a EUR 2.0 M (approx. SEK 22.1 • AAC Clyde Space has completed the second tranche of M) order from the European Space Agency to develop the previously announced directed share is
Slide 6: Financial Overview – Group
6 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 FINANCIAL OVERVIEW – GROUP KSEK APR-JUN APR-JUN JAN-JUN JAN-JUN FULL YEAR 2026 2025 2026 2025 2025 Net sales 111,966 73,700 179,632 147,684 295,283 EBITDA 10,717 3,092 7,971 14,982 17,464 EBIT -2,929 -10,815 -18,980 -13,299 -39,984 Basic and Diluted
Slide 7: Financial Overview Continued
7 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 FINANCIAL OVERVIEW CONTINUED NET SALES 400,000 LAST 12 MONTHS 350,000 PER QUARTER 300,000 250,000 200,000 kSEK 150,000 100,000 50,000 0 2024-Q4 2025-Q1 2025-Q2 2025-Q3 2025-Q4 2026-Q1 2026-Q2 Products & Missions Data & Services ORDER BACKLOG 1,400,0
Slide 8: Comments from the CEO
8 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 COMMENTS FROM THE CEO operational environment through our separate agreement with the U.S. Coast Guard. This is an important step in familiarizing the user community with VDES services and preparing the ground for future adoption. Secondly, followin
Slide 9: Financial Overview: Second Quarter 2026
9 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 FINANCIAL OVERVIEW SECOND QUARTER 2026 THE GROUP’S SALES AND EARNINGS GROUP NET SALES APRIL-JUNE (KSEK) Net sales amounted to SEK 112.0 M (73.7), an increase of 51.9%. Revenue increased in both segments. The increase in the Products & Missions segme
Slide 10: Financial Overview Continued: Segment Sales and Earnings
10 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 FINANCIAL OVERVIEW CONTINUED SEGMENT SALES AND EARNING Data & Services DATA & SERVICES DATA & SERVICES The Data segment comprises of revenues of satellite data NET SALES (KSEK) EBITDA (KSEK) from our own satellite constellation. The Services segmen
Slide 11: Financial Overview Continued: January - June
11 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 FINANCIAL OVERVIEW CONTINUED JANUARY - JUNE Exchange rate differences of SEK 17.0 M (-38.3) during the period reflect the revaluation of goodwill and surplus values THE GROUP’S SALES AND EARNINGS from acquisitions, driven by a strengthening of the
Slide 12: Financial Overview Continued: Segment Sales and Earnings
12 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 FINANCIAL OVERVIEW CONTINUED SEGMENT SALES AND EARNING DATA & SERVICES DATA & SERVICES Data & Services NET SALES (KSEK) EBITDA (KSEK) Data & Services Net sales amounted to SEK 40.0 M (37.8) for the period, an increase of 5.8%. 45,000 18,000 40,000
Slide 13: Financial Overview Continued
13 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 FINANCIAL OVERVIEW CONTINUED INVESTMENTS AND FINANCIAL POSITION PERSONNEL AND ORGANISATION Available cash and cash equivalents as of 30 June 2026 There were 207 employees (210) at the end of the period. totalled SEK 126.9 M (28.0). Used bank overdr
Slide 14: Related-Party Transactions and Significant Risks
14 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 For information on other outstanding incentive programs, please refer to the Annual Report 2025. RELATED-PARTY TRANSACTIONS During the period, Board members have invoiced the company on market terms for the performance of consultant services linked
Slide 15: Certification and Reporting Calendar
15 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 FINANCIAL OVERVIEW CONTINUED CERTIFICATION REPORTING CALENDAR The Board of Directors and CEO give their assurance that the Interim Report Jan-Sep 2026 Nov 12 2026 Interim Report Q2 2026 provides a true and fair account of Year-End Report 2026 Feb 1
Slide 16: About AAC Clyde Space
16 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 ABOUT AAC CLYDE SPACE AAC Clyde Space provides small satellite technologies and services that help governments, businesses and institutions access high - quality data from space. Covering satellite components, mission services and space - based dat
Slide 17: Consolidated Statement of Comprehensive Income
17 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME KSEK APR-JUN APR-JUN JAN-JUN JAN-JUN FULL YEAR 2026 2025 2026 2025 2025 Note Net sales 4 111,966 73,700 179,632 147,684 295,283 Work performed by the company for its own use 3,333
Slide 18: Earnings per Share
18 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 EARNINGS PER SHARE, BASED ON PROFIT FOR THE PERIOD ATTRIBUTABLE TO PARENT COMPANY SHAREHOLDERS SEK APR-JUN APR-JUN JAN-JUN JAN-JUN FULL YEAR 2026 2025 2026 2025 2025 Average no. of shares – basic 7,142,712 5,901,803 7,133,285 5,896,819 6,249,623 No
Slide 19: Consolidated Balance Sheet
19 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 CONSOLIDATED BALANCE SHEET KSEK 30 JUN 2026 30 JUN 2025 31 DEC 2025 ASSETS Non-current assets Intangible assets Goodwill 525,418 527,327 510,550 Brands 26,070 26,829 25,915 Customer relationships 1,317 3,090 1,844 Technology 26,692 38,146 31,463 Ca
Slide 20: Consolidated Balance Sheet: Equity and Liabilities
20 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 CONSOLIDATED BALANCE SHEET KSEK 30 JUN 2026 30 JUN 2025 31 DEC 2025 EQUITY AND LIABILITIES Equity attributable to Parent Company shareholders Share capital 14,325 11,843 14,212 Unregistred share capital 1,181 1,172 - Other contributed capital 1,055
Slide 21: Consolidated Changes in Equity
21 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 CONSOLIDATED CHANGES IN EQUITY KSEK SHARE ADDITIONAL TRANSLATION OTHER CAPITAL TOTAL EQUITY NON- TOTAL EQUITY CAPITAL PAID-IN RESERVES INCLUDING NET ATTRIBUTABLE TO CONTROLLING CAPITAL INCOME SHAREHOLDERS INTEREST Opening balance, 1 January 2025 11
Slide 22: Consolidated Statement of Cash Flows
22 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 CONSOLIDATED STATEMENT OF CASH FLOWS KSEK APR-JUN APR-JUN JAN-JUN JAN-JUN FULL YEAR 2026 2025 2026 2025 2025 Cash flow from operating activities EBIT -2,929 -10,815 -18,980 -13,299 -39,985 Adjustments for non-cash items 14,495 14,912 27,540 18,800
Slide 23: Condensed Parent Company Income Statement
23 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 CONDENSED PARENT COMPANY INCOME STATEMENT KSEK APR-JUN APR-JUN JAN-JUN JAN-JUN FULL YEAR 2026 2025 2026 2025 2025 Net sales 19,419 24,465 38,029 40,258 80,606 Work performed by the company for its own use - 37 285 1,228 1,410 and capitalised Other
Slide 24: Condensed Parent Company Balance Sheet
24 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 CONDENSED PARENT COMPANY BALANCE SHEET KSEK 30 JUN 2026 30 JUN 2025 31 DEC 2025 Subscribed capital not paid in - 60,788 - ASSETS Non-current assets Intangible assets 7,460 8,961 8,174 Tangible assets 560 698 770 Receivables from Group companies 76,
Slide 25: Shareholders as of 30 June 2026
25 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 SHAREHOLDERS AS OF 30 JUNE 2026 SHAREHOLDERS NO. OF VOTES & SHARES CAPITAL CBNY-RJA-CLIENT ASSET ACCT 624,000 8.71% Bonnier Capital AB 598,409 8.35% Försäkringsaktiebolaget Avanza Pension 503,285 7.03% Nowo Fund Management AB 393,700 5.50% AIFM Cap
Slide 26: Notes
26 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 NOTES NOTE 1 GENERAL INFORMATION for the AAC Clyde Space Group and evaluates the Group’s financial position and performance as well as makes AAC Clyde Space AB (publ) Corp. Reg. No. 556677-0599 is strategic decisions. Company management has determi
Slide 27: April – June 2026
27 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 APRIL – JUNE 2026 KSEK DATA & PRODUCTS & OTHER ELIMINATIONS TOTAL SERVICES MISSIONS SEGMENTS Net sales by segment 24,822 96,502 -9,357 111,967 EBITDA by segment 5,310 12,563 -6,471 -685 10,717 21.4% 13.0% 9.6% Depreciation/amortisation and impairme
Slide 28: January – June 2025
28 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 JANUARY – JUNE 2025 KSEK DATA & PRODUCTS & OTHER ELIMINATIONS TOTAL SERVICES MISSIONS* SEGMENTS Net sales by segment 37,787 125,967 - -16,070 147,684 EBITDA by segment 16,513 11,776 -10,911 -2,396 14,982 43.7% 9.3% 10.1% Depreciation/amortisation a
Slide 29: Notes 5-7: Financial Instruments, Related Parties, KPIs
29 AAC CLYDE SPACE AB (PUBL) INTERIM REPORT Q2 2026 NOTE 5 FINANCIAL INSTRUMENTS – FAIR VALUE OF NOTE 6 RELATED-PARTY TRANSACTIONS FINANCIAL LIABILITIES MEASURED AT FAIR VALUE During the period, three Board members have invoiced the THROUGH PROFIT OR LOSS company SEK 306 K (382) at market rates for
Slide 30: Slide 30