GomSpace Group AB (publ) (GOMX) Earnings Call Transcripts

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

In the first quarter of 2026, GomSpace Group AB reported a robust revenue increase of 43% year-over-year, reaching approximately SEK 125 million. The company achieved a positive net profit of SEK 20 million, marking a significant milestone. However, free cash flow remained negative due to increased investments in scaling operations and hiring. Management maintained its revenue guidance for the fiscal year 2026, projecting total revenue between SEK 550 million and SEK 650 million, indicating a growth rate of around 30%.

Reported metrics

Guidance from management

GomSpace maintained its revenue guidance for 2026, projecting SEK 550 million to SEK 650 million, with expected profitability in the range of 5% to 12%. Management indicated that free cash flow will remain negative due to ongoing investments in growth and technology development.

What management said

Yes. Let's make it perhaps a simpler saying this is the first step towards creating this satellite communication capability. So we are doing a joint venture in Ukraine with a partnership structure that we're defining right now. After that comes more. But right now, we are setting that up, so we can deliver this. And 1 of the key things is that in order to get the funding from EU as well, we need to have a presence in...

Now I will repeat what I said before. This is a satellite communication network, obviously, it needs to cover all of Ukraine. We are understanding, trying to understand how the requirements how do we create coverage, what's the capacity, how many users, and that will define how many satellites are required. But as I said, it's probably more than 1.

What analysts pressed on

Analysts expressed concerns regarding the negative free cash flow and whether the company is prioritizing growth over profitability. There were also questions about the potential need for additional capital injections to support ongoing investments and scaling efforts.

Main topics on the call

• Revenue Growth — GomSpace achieved a 43% increase in revenue year-over-year, reaching SEK 125 million. CEO Carsten Drachmann stated, "We are very happy with that," highlighting the company's strong performance in a growing market.
• Positive Net Profit — The company reported a net profit of SEK 20 million, attributed partly to SEK 30 million received in shares as compensation. Drachmann noted, "This is actually a first time as well," indicating a positive shift in profit...
• Negative Free Cash Flow — Despite positive earnings, GomSpace reported negative free cash flow due to increased investments in technology and personnel. Drachmann explained, "We hired more people to grow," indicating a strategic focus on scaling ...
• Guidance Maintained — Management reiterated its revenue guidance for 2026, expecting revenue between SEK 550 million and SEK 650 million, with a midpoint growth of 30%. This guidance reflects confidence in the company's growth trajectory.

Read the full GomSpace Group 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 4 GomSpace Group AB (publ) earnings call transcripts on record, spanning February 14, 2025 to May 7, 2026. Based on this history, GomSpace Group AB (publ) reports semi-annually. The most recent call on file is dated May 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GOMX

Exchange

OM

Country

SE

Sector

Industrials

Industry

Aerospace and Defense

Calls on record

4

First call

February 14, 2025

Most recent

May 7, 2026

Reporting cadence

semi-annually