SmartCraft Group AB (publ) (SMCRT) Earnings Call Transcripts

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

In Q1 2026, SmartCraft Group AB reported total revenue of SEK 136 million, reflecting a 3.1% increase year-over-year, with organic growth of 5.2%. The company achieved an adjusted EBITDA margin of 36.6%, up from 34.7% in the prior year. Management highlighted a significant reduction in churn to 8.3%, down 1 percentage point year-over-year, indicating improved customer retention. Despite a soft market, the company remains optimistic about future growth, maintaining its midterm growth target of over 15%.

Reported metrics

Guidance from management

Management maintained a midterm growth target of over 15%, indicating confidence in future performance despite current market softness.

What management said

I think it's been good. As I said, we have a couple of different targets for this. It was, first and foremost, a fantastic event to do that with the help of NASDAQ. Thank you so much to them. And then I would say that what we have seen so far, and you never know about the future, of course, is increased liquidity, which was important for us. I would also say that -- we have also seen more interaction with analysts an...

No. But I think that, of course, Stockholm is a little bit, I call it the capital. That was maybe a little bit harsh to say that to all other towns in the world. But we are, of course, a country in Sweden, but also in the town of Stockholm, where we have lots of companies that are in the AI space and that is also in the software space. And that, of course, gives you a very good dialogue with others about how they're ...

What analysts pressed on

Analysts expressed concerns over the impact of market softness on ARR growth and competition levels. Questions were raised about the sustainability of churn reduction and whether the company could maintain its growth trajectory amidst external pressures.

Main topics on the call

• Churn Reduction — SmartCraft reported a churn rate of 8.3%, a reduction of 1 percentage point year-over-year, marking the fourth consecutive quarter of decline. CEO Jeremias Jansson stated, "we have done a lot of measurements to... help t...
• Revenue Growth — The company reported total revenue of SEK 136 million for Q1 2026, up from SEK 132 million in the prior year, representing a 3.1% increase. CFO Kine Olsen noted that the underlying organic growth was 5.2%, highlighting p...
• Annual Recurring Revenue (ARR) Growth — SmartCraft's ARR grew to SEK 504 million, up from SEK 469 million last year, reflecting a 7.6% year-over-year increase. The organic growth of 7.3% was noted as a positive trend, with the highest quarter-over-quarter grow...
• AI Integration — Management emphasized the company's commitment to an AI-first approach, stating that they have implemented AI in R&D and customer-facing products. Jansson remarked, "we want the main idea being that we write code with th...

Read the full SmartCraft 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 17 SmartCraft Group AB (publ) earnings call transcripts on record, spanning February 23, 2022 to August 27, 2026. Based on this history, SmartCraft Group AB (publ) reports quarterly. The most recent call on file is dated August 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SMCRT

Exchange

OM

Country

SE

Sector

Information Technology

Industry

Software

Calls on record

17

First call

February 23, 2022

Most recent

August 27, 2026

Reporting cadence

quarterly