Slide 1: Q1 2026
Q1 2026 May 8th 2026 Page 1
Slide 2: Disclaimer
Disclaimer IMPORTANT – You must read the following before continuing. The following applies to this document, the oral presentation of the information in this document by SmartCraft Group AB (Publ) (the "Company") or any person on behalf of the Company, and any question-and-answer session that follo
Slide 3: Agenda
Agenda • This is SmartCraft • Q1 highlights • Q1 financials • Summary • Q&A Q1 2026 Page 3
Slide 4: Presenters
Presenters Jeremias Jansson Kine Kragholm Olsen CEO Interim CFO Q1 2026 Page 4
Slide 5: This is SmartCraft
This is SmartCraft Q1 2026 Page 5
Slide 6: This is SmartCraft
This is SmartCraft Why we exist What we do We are here to digitize construction for We offer solutions that help companies the benefit of people, profit and the plan and work more efficiently. So that planet. they can be more profitable, create better working conditions, and deliver a more sustainab
Slide 7: Our business areas and solutions
Our business areas and solutions HVAC & SME Electro Enterprise plumbing construction Q1 2026 Page 7
Slide 8: How we help our customers
How we help our customers Time efficiency Clear communication Safer projects Overview & control • Streamlined workflow • One source of truth • HSE & QA built-in • Live cost vs. budget • Smart scheduling & • Real-time updates • In-site checklists • Change orders under resourcing control • Fewer dispu
Slide 9: SmartCraft's unique strategic position in the AI era
SmartCraft’s unique strategic position in the AI era AI enhances the value of We own the place where Our market coverage SmartCraft’s unique our workflow data the work happens makes the AI stronger position in the value chain SmartCraft has many years of SmartCraft has a closed loop of AI improves w
Slide 10: Strong and consistent growth
Strong and consistent growth Reported revenue, SEKm Amalgamated revenue pre-IPO, SEKm1) 528 502 Total CAGR ~16% 404 Organic CAGR 351 ~15% 270 214 190 163 142 121 88 94 103 83 64 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Note: 1) Aggregated revenue for group companies
Slide 11: Q1 highlights
& SmartCraft Q1 highlights SmartCraft Q1 2026
Slide 12: Q1 2026 in brief
Q1 2026 in brief Annual Recurring Adjusted EBITDA-capex Operational Cash flow Churn Revenue margin MSEK MSEK 504 29.6% 72.7 8.3% +7.3% organic YoY +2.6 p.p. YoY +35.2% YoY - 1.0 p.p. YoY Q1 2026 Page 12
Slide 13: Q1 marketing efforts
Q1 marketing efforts Exposure Web traffic Leads Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2023 2024 2025 2026 2023 2024 2025 2026 2023 2024 2025 2026 Q1 2026 Page 13
Slide 14: AI first: from strategy to execution
AI first: from strategy to execution AI-first across Clixifix – AI reducing friction in Locka – AI improving scalability SmartCraft aftercare and output quality • AI embedded as a core capability • AI summaries provide fast • AI applied to streamline parts of the across products and internal overvie
Slide 15: Execution across commercial, product and operations
Execution across commercial, product and operations Example commercial & operational Example product development execution & innovation Sales platform and customer lifecycle • Kvalitetskontroll: Resource planner launched • Common CRM improving visibility, prioritization and consistency • Bygglet: Ne
Slide 16: Listed at Nasdaq Stockholm
Listed at Nasdaq Stockholm • First day of trading March 24th • More than 2 300 individuals subscribing in public offering • April shows increase in liquidity compared Q1 2026 Page 16
Slide 17: Q1 financials
Q1 financials Q1 2026 Page 17
Slide 18: Recurring revenue as basis for success
Recurring revenue ARR bridge YoY mSEK as basis for success +7% 34,2 0,7 0,0 504,1 469,2 Continued stable growth • 7,6% ARR growth YoY • Continued improved churn at 8,3% Q1'25 Organic growth Currency effects M&A Q1'26 ARR development 7,3% ARR organic growth mSEK 504,1 • Q1 has the highest organic gro
Slide 19: Historical ARR bridge
100 200 300 400 500 600 0 mSEK Q1 2021 210 37 New customers 32 Increase exsisiting -9 Decrease exsisting Churn -14 37 M&A 5 Currency Q1 2022 298 38 New customers 50 Increase exsisiting Decrease exsisting -21 Churn -21 9 M&A -7 Currency Historical ARR bridge Q1 2023 344 38 New customers Increase 68 I
Slide 20: Continued growth in revenue and strong profitability
Continued growth in revenue and strong profitability Continued YoY revenue growth Consistently high profitability R&D capex mSEK mSEK 96.3% 40 0 94.7% 35 0 30 +3.1% 7,3 % 7,0 % 34,7 % 38,2 % 35,6 % 33,9 % 36,6 % 25 0 136,2 20 132,0 15 0 29,4 % 29,6 % 9,7 9,5 27,3 % 28,2 % 26,7 % 10 0 5 0 0 Q1'25 Q1'
Slide 21: SME Construction
SME Construction SME Construction mSEK +9% • Reported revenue organic growth of 9.9% YoY • Organic growth for recurring revenue of 10.2% YoY 48,8 24,8 53,3 32,3 Q1'25 Q1'26 • Adjusted EBITDA of SEK 32.3 million, margin 60.6% Revenue EBITDA Revenue growth • Margin improvement QoQ due to cost discipli
Slide 22: HVAC & Plumbing
HVAC & Plumbing HVAC & Plumbing mSEK +0% • Reported revenue of SEK 31.8 million in the quarter, corresponding to 2.7% organic growth YoY • Organic growth for recurring revenue of 2.4% YoY 31,7 15,9 31,8 15,6 Q1'25 Q1'26 Revenue EBITDA Revenue growth • Adjusted EBITDA of SEK 15.6 million, margin 49.3
Slide 23: Electro
Electro Electro mSEK 4% • Recorded revenue of SEK 16.8 million, organic growing 4.5% YoY • Organic growth for recurring revenue of 7.4% 2,6 5,0 YoY 16,1 16,8 Q1'25 Q1'26 Revenue EBITDA Revenue growth • Adjusted EBITDA of NOK 5.0 million, margin 29.8% • Margin increase still driven by streamlining th
Slide 24: Enterprise
Enterprise Enterprise mSEK -3% • Recorded revenue of SEK 34.3, an organic growth of 1.4% YoY 6,3 • Organic growth for recurring revenue 6.5% YoY 5,6 35,4 34,3 Q1'25 Q1'26 • Adjusted EBITDA of SEK 6.3 million, margin 18.5% Revenue EBITDA Revenue growth • Margin increase despite decrease in revenue dr
Slide 25: Financial position and cash flow
Financial position Balance sheet, March 31, 2026 mSEK and cash flow Cash and cash equivalents Deferred revenue Current assets Current liabilities Non-current assets Non-current liabilities Goodwill and intangible assets Equity Operating cash flow mSEK, YoY growth 35.2% 117,4 170,0 72,7 27,0 86,9 61,
Slide 26: Capital
Capital Use of cash flow in last 12 months: • In the past 12 months we have repurchased 6 335 819 shares, now held as treasury shares • Outstanding shares now equals 161.2 million shares as SmartCraft holds 10.3 million treasury shares Strategy for use of cash flows • While M&A is a central part of
Slide 27: Building momentum through execution and discipline
Building momentum through execution and discipline Solid performance in Q1 Strengthening the organisation Well positioned going forward • ARR growth of 7.3% YoY with improved churn • Continued progress on product development • Strong recurring revenue model and high customer • Strong profitability w
Slide 28: Q&A
& SmartCraft Q&A Q1 2026 Page 28
Slide 29: J& SmartCraft
J& SmartCraft