Inission AB (publ) (INISS_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome everyone to this Q&A presentation edition. My name is Henrik Winsler and I'm an academic analyst at APG for Forrester County and I'm here to give a more realistic Q&A that will take place after February 2's presentation. So if at any point during the presentation you think of any questions, please type them in the chat and I will be available later. And for the audience here, feel free to put up your hand after the presentation, as we'll have you ask your question. With that, I say please go ahead. Thank you very much, Henrik. Welcome to our annual meeting and our Q1 presentation. My name is Fredrik Berger, and I am one of two founders and one of two principal owners of this company. Me and Olle, as he just said, we started this company 90 years ago and we are still both active. Myself as CEO and Olle as the chairman. Today I will recap 2025, both what we have been up to, very, very brief, and also the financials 2025. I will go through today's published or late evening yesterday published Q1 report. I will also talk to you a little bit about what we are actually doing apart from the numbers. What are we up to? Both in initial EMS and initial power. I will tell you a little bit about our acquisition strategy, something about our financial targets, and then we round off with the Q&A together with Henrik. So last year, We had a challenging first half year. All in all, we ended up having a total revenue of 2.2 billion, including Zetica. So there's a small growth there, but including Zetica and also a little bit of AXA revenue of 106 million. It was actually an organic decrease with 50 million or 2.3%. The slow start of the year and also initial power being loss making last year brought down the EBITDA result. If we go further down in the P&L, our earni...