Exsitec Holding Ab · OMXSTO:EXS
Exsitec Holding Ab — Q4 2025 Earnings Presentation
21 slides from Exsitec Holding Ab's earnings presentation, Feb 3, 2026
Slide 1: Quarterly Report Q4
Quarterly Report Q4 Exsitec Holding AB
Slide 2: Presenting today
Presenting today Carl Arnesson Niklas Ek Hampus Strandqvist CFO Group CEO Head of M&A carl.arnesson@exsitec.se niklas.ek@exsitec.se hampus.strandqvist@exsitec.se
Slide 3: Quarterly Report Q4 2025 agenda
1. Our business Quarterly 2. Financials Q4 Report 3. Priorities 2025 Q4 4. Questions?
Slide 4: Smart IT solutions for businesses in the Nordics
Our commitment is to provide businesses in the Nordics with smart IT solutions that simplify today - and create success for tomorrow. Software Support & Diverse target reseller services market Reseller of a selection of Single point of contact Targets medium sized approximately 20 for the customer -
Slide 5: Selection of customers
Healthcare & Social Care Cororexstunst ty FRESENIUS kasi Attendo GOO caring for tite Stockholms Sjukhem Service Industry ‘@dafo — @saps | As ~"" MOMENTUM Akinie... Assemblin kasi’ <8) Anticimex’ Wholesale & Distribution Y proffsmagasinet.se 4 BEWJER KAMA, sLunegen <= BROOKS ahisell @="orn LUTHMAN NO
Slide 6: Our partners
Our partners Ve @©medius Visma Software Qlik “VNexT 9planacy QLITIUM syncron —- W superOffice @Bitlog ® umbraco / Hantverksdata ? Proceedo -LEX™ 6 severa BE Microsoft @sugarcrm HubSpot (%@ kontek i; KONSOLIDATOR
Slide 7: Our three revenue streams
Our three revenue streams ware Services Support & in ft fra So str ucture 25% 63% 12% Resellers of selected Configurations and software components custom development In-house developed Training and advisory integrations consulting
Slide 8: 600+ employees in Sweden, Norway, Denmark and Finland
600+ employees in Sweden, Norway, Denmark and Revenue EBITA Finland. 895 Continously growing. 751 811 657 460 246 217 173 158 138 141 133 121 77 95 92 56 53 56 22 25 30 34 13 -5 -4
Slide 9: One of the largest trainee programs in the Nordics
One of the largest trainee programs in the Nordics
Slide 10: Financials Q4
1. Our business Quarterly 2. Financials Q4 Report 3. Priorities 2025 Q4 4. Questions?
Slide 11: Exsitec in Q4
Exsitec in Q4 Strong growth Strong Organic in recurring Focus on earnings growth revenue from core business improvement software 43 MSEK +2% LTM 18% margin 225 MSEK +22%
Slide 12: Divestment of Infrastructure business
Press releases Focus on core business Divestment of Infrastructure business Exsitec Holding AB Exsitec - Zedcom - Infracom (publ): Exsitec AB divests Purchase price and terms Exsitec is selling Zedcom AB, a business specializing in IT operations. The IT and operations company generates approximately
Slide 13: Adjusted Net Sales (MSEK)
Adjusted Net Sales (MSEK) Q4 2021-2025 +6% Year over Year +10% 1000 895 811 800 751 250 239 657 227 211 600 200 188 460 158 150 400 100 200 50 0 0 2021 Q4 2022 Q4 2023 Q4 2024 Q4 2025 Q4 2021 2022 2023 2024 2025
Slide 14: Adjusted EBITA (MSEK)
Adjusted EBITA (MSEK) Q4 Year over Year +42% Q4 Year over Year +31% 200 158 150 50 133 45 121 43 40 100 92 30 30 28 77 25 20 50 10 0 0 2021 Q4 2022 Q4 2023 Q4 2024 Q4 2025 Q4 2021 2022 2023 2024 2025
Slide 15: Recurring net revenue from software LTM (MSEK)
Recurring net revenue from software LTM (MSEK) +22 % YoY 250 225 217 207 200 198 184 173 162 150 150 140 131 126 119 112 103 106 100 86 76 56 50 42 38 0 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25
Slide 16: Growth and EBITA by Segment
Growth and EBITA by Segment Sweden Net sales LTM: 609 MSEK Adj. EBITA LTM: 117 MSEK Margin LTM: 19% Norway 200 Net Sales LTM: 202 MSEK Other Nordics Adj. EBITA LTM: 28 MSEK Net Sales LTM: 90 MSEK Margin LTM: 14% Adj. EBITA LTM: 18 MSEK 161 165 Margin LTM: 20% 160 154 150 144 144 123 60 107 55 54 54
Slide 17: Priorities
1. Our business Quarterly 2. Financials Q4 Report 3. Priorities 2025 Q4 4. Questions?
Slide 18: Market conditions
Market conditions Cautious demand for consulting services Strong order intake on Exsitec offering Pent-up demand due to delayed investments Increased M&A activity
Slide 19: Business Priorities 2026
Business Priorities 2026 Increase Organic Accelerate BNXT Scale Microsoft Growth
Slide 20: Financial Goals for 2026
Financial Goals for 2026 Growth Performance Stability Dividend goals target measures policy Exsitec's objective is to Exsitec's objective is to Exsitec's objective is Exsitec's objective is to increase net sales by at increase adjusted EBITA that net debt must not distribute 20-40 percent least 15%
Slide 21: Questions?
1. Our business Quarterly 2. Financials Q4 Report 3. Priorities 2025 Q4 4. Questions?