Smartoptics Group Asa · OSL:SMOP
Smartoptics Group Asa — Q3 2026 Earnings Presentation
12 slides from Smartoptics Group Asa's earnings presentation, Oct 29, 2026
Slide 1: Financial Presentation Q3 2026
Financial Presentation Q3 2026 October 29, 2026
Slide 2: A proven playbook – from USD 100M to our next targets
A proven playbook – from USD 100M to our next targets Enhanced strategy, stronger drivers – now aimed at our next set of targets WHAT GOT US HERE WILL TAKE US FURTHER Q3 2026 HIGHLIGHTS Broader offering, larger market REVENUE GROSS MARGIN EBIT developed our HW and SW offering and broadened our addre
Slide 3: Broad-based growth: all-time high revenue in all regions
Broad-based growth: all-time high revenue in all regions Revenue per region and quarter – Last 5 quarters MUSD Americas EMEA APAC +86% 20.2 16.7 13.3 13.9 +72% 10.8 10.4 10.6 8.6 7.8 6.1 +75% 3.6 2.0 1.7 1.3 1.2 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 2025 2026 2025 2026 2025 2026 3
Slide 4: Strong growth in business areas Solutions, Software & Services
Strong growth in business areas Solutions, Software & Services Revenue per business area and quarter – Last 5 quarters MUSD Solutions Software & Services Devices +123% 24.3 19.2 13.6 14.2 0% 10.9 6.4 +69% 5.5 5.4 5.3 5.4 4.6 4.1 3.2 3.4 2.7 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 2025 2026 2025
Slide 5: Summary of Q3 financial performance
Summary of Q3 financial performance Revenue EBITDA & EBIT Operating cash flow MUSD MUSD EBITDA EBIT MUSD +80% 34.3 +340% 28.9 8.1 7.1 6.8 7.6 23.2 22.9 19.0 4.5 3.6 3.6 2.2 2.4 2.8 2.7 0.9 1.6 1.8 -0.4 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Gross margin and EBITDA margin Comments 49.5% 48.2% 4
Slide 6: Strong financial position
Strong financial position Balance sheet Sep 30, 2026 Working capital development past 5 quarters MUSD MUSD 74.7 74.7 30 18.4 20 16.8 15.8 14.5 14.6 16.3 25 15 20 10 33.5 15 5 17.9 26.4 17.3 25.6 15.4 15.9 15.4 15.6 22.8 10 20.0 19.0 14.1 19.1 21.3 13.0 14.0 0 18.7 18.7 11.5 18.4 5 -5 5.4 0 -10 Q3 Q4
Slide 7: Financial aspirations
smartoptics Financial aspirations
Slide 8: Top-three vendor in our target markets NA & EMEA, with clear financial aspirations
Top-three vendor in our target markets NA & EMEA, with clear financial aspirations supporting long-term value creation STRONG TRACK RECORD, MOMENTUM AND ATTRACTIVE MARKET GROWTH THREE-PHASE ROADMAP Leveraging structural tailwinds from bandwidth growth, accelerated by investments in AI training Inves
Slide 9: Profit and Loss Statement
Profit and Loss Statement Profit and Loss Statement Q3 2026 2026 2025 2026 2025 Amounts in USD 1 000 Q3 Q3 YTD YTD Total revenue and other operating income 34 278 19 000 86 053 52 027 Direct cost of sales -17 295 -9 586 -44 740 -26 748 Employee benefit expenses -6 324 -4 823 -19 660 -14 504 Other op
Slide 10: Balance Sheet
Balance Sheet Balance Sheet Sep 30, 2026 2026 2025 2026 2025 Amounts in USD 1 000 Amounts in USD 1 000 Q3 Q3 Q3 Q3 Capitalized development cost 2 674 2 100 Share capital 204 196 Other Intangible assets 695 691 Share premium 15 516 14 914 Property, plant and equipment 4 869 3 626 Other paid in capita
Slide 11: Cash Flow Statement
Cash Flow Statement Cash Flow Statement Q3 2026 2026 2025 2026 2025 Amounts in USD 1 000 Q3 Q3 YTD YTD Cash flows from operating activities Profit/(loss) before income tax 6 159 1 761 10 267 2 509 Adjustments for Taxes paid -877 -162 -1 795 -1 140 Depreciation and amortization 991 778 2 710 2 132 Ne
Slide 12: Thank you
smartoptics Thank you