Exsitec Holding Ab · OMXSTO:EXS
Exsitec Holding Ab — Q1 2026 Earnings Presentation
22 slides from Exsitec Holding Ab's earnings presentation, Apr 22, 2026
Slide 1: Quarterly Report Q1
Quarterly Report Q1 Exsitec Holding AB
Slide 2: Presenting today
Presenting today Niklas Ek Carl Arnesson CEO CFO
Slide 3: Quarterly Report Q1 2026 agenda
Quarterly 1. Our business Report 2. Financials Q1 2026 Q1 3. Priorities 4. Questions? ir@exsitec.se 3
Slide 4: Our commitment is to provide
Our commitment Software Support and Diverse target is to provide reseller services market businesses Reseller of a selection of Single point of contact Targets medium sized in the Nordics approximately 20 for the customer - business starting at software (SaaS) software sales, 50 MSEK revenue in the
Slide 5: Selection of customers
Healthcare & Social Care Retail Public Sector Technology & R&D Transportation & Logistics Service Industry Food Industry Selection of customers Consultancy Services Construction & Civil Manufacturing & Engineering Wholesale & Distribution Industries Other
Slide 6: Our partners
Our partners we @medius 8% Microsoft Visma Software Olik ‘next nuorce 9Oplanacy QLITIUM- eazystock syncr6n = Wsuperoftice. +B sugarcrm @ Bitlog © umbraco HubSpt @ Hantverksdata’ [eq KONSOLIDATOR
Slide 7: Three revenue streams
Three revenue streams Resellers of selected software components Software (25%) In-house developed integrations Support, Infrastructure & Other (12%) Configurations and custom development Services (63%) Training and advisory consulting 7
Slide 8: 2026 LTM
895 893* 811 751 657 460 246 217 173 158 161 138 141 133 121 95 92 76 53 22 25 30 34 13 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 LTM * Excl divestments
Slide 9: One of the largest trainee programs in the Nordics
One of the largest trainee programs in the Nordics 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Slide 10: Quarterly Report Q1 2026 agenda
Quarterly 1. Our business Report 2. Financials Q1 2026 Q1 3. Priorities 4. Questions? ir@exsitec.se 10
Slide 11: Exsitec in Q1
Exsitec in Q1 1. 2. 3. 4. Strong Organic growth Strong growth Focus on core earnings in all segments in recurring business improvement revenue from software
Slide 12: Divestment of Infrastructure business
4. Divestment of Infrastructure business Focus on core business Exsitec - Zedcom - Infracom Dec 19th, 2025 “Exsitec AB has today signed an agreement to divest its subsidiary Zedcom AB to the IT and managed services specialist InfraCom Group AB. The transaction is part of Exsitec’s strategy to stream
Slide 13: Net Sales (MSEK)
Net Sales (MSEK) -0 % 895 893 811 -1 % 751 (+1% excl divestments) 657 240 238 201 213 164 Q 1 Q 1 Q 1 Q 1 Q 1 22 23 24 25 Q1 2 3 4 5 26 20 20 20 20 LT M 02 02 02 02 20 2 2 2 2 26 20
Slide 14: Adjusted EBITA (MSEK)
Adjusted EBITA (MSEK) +2 % 158 161 133 121 +7 % 92 49 43 46 40 34 Q 1 Q 1 Q 1 Q 1 Q 1 22 23 24 25 Q1 22 23 24 25 26 20 20 20 20 LT M 20 20 20 20 20 26 20
Slide 15: Net sales and EBITA - Group
Net sales and EBITA - Group Group Net sales LTM: 893 MSEK Adj. EBITA LTM: 161 MSEK Margin LTM: 18% 240 23́9 238 227 228 213 211 188 161 21% 21% 19% 19% 19% 18% 13% 14% 4% Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 15
Slide 16: Recurring net revenue from software LTM (MSEK)
Recurring net revenue from software LTM (MSEK) +17 % YoY 232 225 217 207 198 184 173 162 150 140 131 126 119 112 106 103 86 76 56 42 38 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 Q1-26 16
Slide 17: Sales and Adjusted EBITA by Segment
Sales and Adjusted EBITA by Segment Sweden Net sales LTM: 610 MSEK Adj. EBITA LTM: 125 MSEK Margin LTM: 20% 165 162 160 161 154 144 144 Norway Other Nordics 123 Net Sales LTM: 203 MSEK Net Sales LTM: 88 MSEK Adj. EBITA LTM: 28 MSEK Adj. EBITA LTM: 14 MSEK 107 Margin LTM: 14% Margin LTM: 15% 54 54 52
Slide 18: Quarterly Report Q1 2025 agenda
Quarterly 1. Our business Report 2. Financials Q1 2025 Q1 3. Priorities 4. Questions? ir@exsitec.se 18
Slide 19: Market conditions
Market conditions Unchanged market
Slide 20: Business Priorities
Business Priorities 2026 Accelerate BNXT Scale Microsoft Increase Organic Growth
Slide 21: Financial Goals
Financial Goals Growth goals Exsitec's objective is to increase net sales by at least 15% per year over time. Performance target Exsitec's objective is to increase adjusted EBITA per share by at least 15% per year over time. Stability measures Exsitec's objective is that net debt must not exceed 2 t
Slide 22: Quarterly Report Q1 2026 questions
Quarterly 1. Our business Report 2. Financials Q1 2026 Q1 3. Priorities 4. Questions? ir@exsitec.se 22