Impact Coatings AB (publ) (IMPC) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to today's webcast from Impact Coatings. With us today is CEO Jonas Nilsson and CFO Lena Åberg, and they will present the numbers from the first quarter of 2026. We'll open up for a Q&A after the presentation, and you can type in your questions using the form located to the right. If you're calling in and would like to ask questions, please press star 9 to raise your hand and star 6 to unmute when you get the word. And with that, I leave the audience over to you, Jonas and Lena. Hi everyone, welcome to this first quarter 2026 interim report presentation. Here is the agenda for today's webcast. We will jump directly into Q1 and what the work in Q1 has led to now in April. Our CFO Lena Åberg will take us through the financial, then summary and outlook and a Q&A session at the end. So Q1 highlights and highlights after the period. Q1 resulted in a net sales of 12.7 million SEC and EBITDA of minus 8.8 million. From a financial perspective, Q1 was not great. That's just how it is. Business development is hard ongoing work and the outcome can vary a lot from quarter to quarter. But we are clearly starting to see the work paying off. During Q1, we brought in two new customers in coating services, one in security defense and one in medical technology. We also saw continued test orders with electrolysis and fuel cell applications from existing customers. We would, of course, have liked to have more customers during the quarter, but the work we did in Q1 paid off in Q2. In early April, we added two more strategic customers, one in PEM Electrolysis and one in SOFC. Both are in early stage, but with really big potential. After the quarter, we sold an IC500 machine to Korea, We received the order on April 10 and the usual initial payment we received on Ap...