Crunchfish AB (publ) (CFISH) Earnings Call Transcripts

Crunchfish AB (publ)'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Crunchfish AB reported revenues primarily driven by a project with NPCI, contributing over half of total revenues. The company recognized a need for additional funding, leading to a rights issue that raised approximately SEK 14.5 million. Management indicated that while the quarter was quiet in terms of product revenue, they expect to transition towards product revenues in the near future, with ongoing discussions and projects in multiple regions, including India and the Philippines.

Reported metrics

Guidance from management

Management expressed optimism about transitioning to product revenues but did not provide specific numerical guidance. They emphasized ongoing discussions and potential projects that could yield revenue in the near future.

What management said

Well, we are a product company. So what we are supposed to do is to get revenue from our products. Essentially, what our revenues is from what we do is what's called a nonrecurrent engineering. It is that you charge fees for developing in a way the -- integrating the product, which is nonrecurrent, meaning that it's -- yes, we do it once. And then when it's done, then it delivers something, but that's like a consulta...

Maybe even a little bit Well, it depends. I think we are -- as we move on, we -- this quarter has a lot of marketing costs because we are at a lot of conferences, and they are not free to attend. But Yes, I think it is about this level. We have -- we don't have major plans to do anything crazy orders ad spend too much money. So I would say roughly, yes, Yes.

What analysts pressed on

Analysts raised concerns about the delays in the NPCI project timeline and the reliance on a single project for revenue. There were questions regarding how the company plans to diversify its revenue streams moving forward.

Main topics on the call

• Revenue from NPCI Project — Management highlighted that 'most of the revenue is from NPCI', indicating a strong reliance on this project for Q1. This project is crucial as it represents a significant portion of their revenue stream.
• Rights Issue for Additional Funding — The company executed a rights issue to raise SEK 14.5 million, which was described as necessary due to a cash position of only SEK 4.7 million. Management stated, 'we need to do it' for operational continuity.
• Challenges with NPCI Project Timeline — Management expressed frustration over unexpected changes in project specifications from NPCI, noting that 'the change in the gold post a little bit' has delayed progress. Despite this, they remain optimistic about the pr...
• Future Product Revenue Expectations — Management indicated a shift towards product revenues, stating, 'I hope we have product revenue sort of...not just NRE', signaling a strategic pivot expected to materialize in upcoming quarters.

Read the full Crunchfish AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 8 Crunchfish AB (publ) earnings call transcripts on record, spanning February 13, 2025 to August 21, 2026. Based on this history, Crunchfish AB (publ) reports quarterly. The most recent call on file is dated August 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CFISH

Exchange

OM

Country

SE

Sector

Information Technology

Industry

Software

Calls on record

8

First call

February 13, 2025

Most recent

August 21, 2026

Reporting cadence

quarterly