Ovzon Ab · OMXSTO:OVZON
Ovzon Ab — Q1 2026 Earnings Presentation
16 slides from Ovzon Ab's earnings presentation, Apr 23, 2026
Slide 1: Interim Report Q1 2026
Interim Report Q1 2026 Per Norén CEO André Löfgren CFO
Slide 2: A New World Order
A New World Order Geopolitical Sovereignty and Digital and Fragmentation Control of Infrastructure Operational Dependency Connectivity is now critical infrastructure - space is its backbone
Slide 3: Ovzon – Built for the Critical Infrastructure Era
Ovzon – Built for the Critical Infrastructure Era Vision Ovzon Performance Connect and Ovzon delivers fully integrated, MSEK 1000 60% high - performance mobile 900 905 protect people, satellite communication 800 700 735 40% 20% solutions - bringing resilient, society and secure connectivity to the 6
Slide 4: Ovzon Value Proposition
Ovzon Value Proposition Integrated SATCOM solutions for critical missions Resilient Satellites and Networks Mission - Ready Secure Gateway Mobile Satellite Terminals infrastructure 24/7/365 Dedicated Customer Support Ovzon | Interim Report Q1 2026 4/23/2026
Slide 5: Ovzon
LIVE RADAR SHARING Ovzon SECURE BROADBAND FOR TRANSPORT RELIABLE AIRCRAFT SECURE BROADBAND FOR CONNECTIONS FAST AIRCRAFT AT SEA FAST DATA FOR BOATS AND SHIPS WORKS EVEN THROUGH HELICOPTER ROTORS STABLE LINK FOR REMOTE -CONTROLLED VESSELS CONNECTED HEADQUARTERS SUPPORT FOR SMALL DRONES INTERNET ACCES
Slide 6: Mission-Critical Connectivity for Defense, National Security and Public Safety
Ovzon Mission - Critical Connectivity for Defense, National Security and Public Safety MEDIA HOSPITALS AVIATION MARITIME LAW INFRASTRUCTURE PUBLIC ENFORCEMENT SAFETY FIRE SURVEILLANCE BORDER BRIGADES CONTROL UNMANNED VEHICLES RAILWAY DEFENSE
Slide 7: Strategic Environment
Strategic Environment Geopolitics Policy and Procurement Industry and Competition What this means for Ovzon • Defense spending accelerating • Europe prioritizing sovereignty and • LEO investment race continues • Growing defense market opportunity globally autonomy • Spectrum a critical strategic ass
Slide 8: Q1 Summary
Q1 Summary Record Earnings as Ovzon Scales DURING THE QUARTER • Order from U.S. DOW of 12 MSEK (1.3 MUSD) • Martin Eriksson appointed Chief Technology Officer • Disciplined, high - quality execution driving strong financial performance • Progress in sales pipeline development and customer dialogues
Slide 9: Scaling Innovation into Operational Advantage
Scaling Innovation into Operational Advantage Launch of Ovzon T8 WHAT • Best - in- class mobile satellite terminal • On - The - Move capability • Designed for demanding total defense and security environments WHY IMPORTANT • Enables new operational scenarios • Extends SATCOM into even more mobile, c
Slide 10: Increasing SATCOM Service Revenue
Increasing SATCOM Service Revenue REVENUE (MSEK) RUN RATE SERVICE REVENUE ( MSEK )* 300 800 752 277 708 275 260 700 645 250 225 600 202 200 166 500 450 175 150 400 305 125 107 91 95 90 300 252 247 259 255 100 217 223 230 69 73 67 65 75 57 200 145 50 100 25 0 0 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3
Slide 11: Profitability Continues to Improve
Profitability Continues to Improve EBITDA AND EBITDA MARGIN (MSEK ) EBIT AND EBIT MARGIN ( MSEK ) 90 30% 130 50% 80 115 120 80 EBIT MSEK EBIT Margin 74 120 EBITDA MSEK EBITDA Margin 20% 40% 110 70 95 30% 10% 100 60 54 90 20% 0% 80 50 10% 70 63 40 -10% 0% 60 27 -20% -10% 30 50 40 -20% 20 -30% 30 17 1
Slide 12: Profit After Tax and EPS Improving
Profit After Tax and EPS Improving PROFIT AFTER TAX (MSEK ), EPS (SEK) Q1 2026 100 Net profit (MSEK) EPS (SEK) Profit after tax improves to 70 MSEK ( - 4 ), 90 90 EPS 0.62 SEK ( - 0.03) 80 70 1.2 70 60 • Refinancing reduces interest costs significantly 50 in the quarter 40 28 0.7 • Previous quarter
Slide 13: Strong Cash Flow and Solid Financial Position
Strong Cash Flow and Solid Financial Position CASH FLOW FROM OPERATING ACTIVITIES (MSEK) INTEREST - BEARING NET DEBT (MSEK) 300 QTD R12 400 Cash and cash equivalents 250 350 Interest -bearing debt 199 300 200 Interest -bearing net debt 250 141 150 250 200 100 75 150 50 66 50 100 -150 50 0 -350 0 -50
Slide 14: Record Earnings as Ovzon Scales
Record Earnings as Ovzon Scales REVENUE (MSEK) EBITDA (MSEK) 300 277 1000 140 400 260 115 120 250 120 350 800 202 95 300 200 100 166 600 250 80 63 150 200 400 60 100 90 150 40 100 200 18 50 20 50 0 0 0 0 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 QTD R12 QTD R12 CASH FLOW FROM OPERA
Slide 15: Strong Execution – Clear Path Forward
Strong Execution – Clear Path Forward DELIVER FINANCIAL PERFORMANCE • Significant improvement of profitable growth • Strong financial position ENSURE COMMERCIAL SUCCESS • US customer re - established • Timing variability in order intake • Progress in sales pipeline development, build out of sales or
Slide 16: Thank You
Thank You <<