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8 May 2026 - SmartCraft Group AB (publ) (Nasdaq Stockholm: SMCRT) today announced its interim report for January-March 2026.
- Annual Recurring Revenues grew with 7.3% YoY to SEK 504 million
- Revenues totaled SEK 136 million, representing a growth of 3.1% YoY
- Adjusted EBITDA-CAPEX margin increased to 30%, a 2.3 % growth YoY
- SmartCraft listed on Nasdaq Stockholm on 24 March
- Jeremias Jansson assumed his position as CEO on 5 January
- Tobias Lindquist appointed new CFO, effective 1 June
Jeremias Jansson, CEO SmartCraft, said:
"My first quarter in SmartCraft was defined by learning, focus and execution and it confirmed something important. We are moving in the right direction, with both increased ARR and higher adjusted EBITDA-capex margin, as well as lowered churn compared to both YoY and QoQ".
Financial performance
Revenues totalled SEK 136 million, representing a growth of 3.1% YoY. The annual recurring revenues (ARR) equaled SEK 504 million, signifying an organic growth of 7.3% YoY. The adjusted EBITDA-CAPEX margin increased with a 2.3 percentage point YoY to 30%. Operational cash flow was SEK 73 million. Churn was reduced by a 1.0 percentage point to 8.3% YoY.
Business update
On 24 March, SmartCraft was listed on Nasdaq Stockholm's main list. In connection with the listing, the company announced an offering of shares which attracted strong interest from the general public in Sweden and was multiple times oversubscribed. This resulted in more than 2,300 new shareholders for SmartCraft.
In January, Jeremias Jansson assumed the role as CEO of the company, and a month later SmartCraft announced the appointment of Tobias Lindquist as its new CFO, effective 1 June, which is one month earlier than what was announced in February.
For further information, please contact:
Jeremias Jansson, CEO, +46 77 017 65 77, [email protected]
Kine Kragholm Olsen, Interim CFO, +47 926 43 530, [email protected]
ABOUT SMARTCRAFT
SmartCraft is the leading Nordic provider of mission-critical SaaS solutions to SMEs in the construction sector, increasing their productivity, margins, and resource efficiency. The Group currently has more than 13 300 customers and 270 employees distributed across Norway, Sweden, Finland and UK. SmartCraft was listed on the Oslo Stock Exchange in June 2021 and was subsequently relisted on Nasdaq Stockholm in 2026.