GomSpace reports continued profitable growth in Q3 and narrows full year guidance

(LSE:0GE8) GomSpace reported a 104% increase in third quarter 2026 order intake to 119,688 T.SEK, compared to 58,538 T.SEK in the prior year. Revenue for Q3 2026 rose by 17% to 130,395 T.SEK from 111,697 T.SEK. EBITDA for the quarter increased by 68% to 18,642 T.SEK, up from 11,107 T.SEK, resulting in an EBITDA margin of 14%. Operating profit (EBIT) for Q3 2026 was 8,592 T.SEK, compared to 3,337 T.SEK in Q3 2025. Earnings per share for the quarter were 0.08 SEK, unchanged from the prior year. Free cash flow for Q3 2026 was negative at -41,658 T.SEK, compared to -37,974 T.SEK in Q3 2025. Year to date 2026, order intake increased by 1% to 377,299 T.SEK from 373,726 T.SEK. Year to date revenue increased by 25% to 369,765 T.SEK, up from 296,400 T.SEK. Year to date EBITDA increased by 64% to 44,154 T.SEK, compared to 26,850 T.SEK. Year to date operating profit (EBIT) was 16,477 T.SEK, up from 3,450 T.SEK. Year to date earnings per share were 0.24 SEK, compared to -0.14 SEK in the prior year. Year to date free cash flow was negative at -144,274 T.SEK, compared to -78,357 T.SEK. The company has narrowed its full-year 2026 outlook, expecting revenue to be in the lower part of the SEK 540–600 million range and EBITDA margin towards the high end of the 10–12% range. GomSpace continues to invest in scaling the business, resulting in negative free cash flow. The company is actively managing an outstanding receivable and is repurposing products across other projects to reduce exposure. For 2030, GomSpace targets annual revenue of SEK 1.6 billion and an EBITDA margin above 20%. This target implies annual growth of at least 30% from the current rolling 12-month revenue base. The 2030 ambition is supported by all five business units, continued market share gains, and international expansion. The full-year report will be published on February 17, 2027. A third quarter 2026 trading statement will be presented at a webinar on November 5 at 11:00 CET, hosted by HC Andersen Capital.

(LSE:0GE8) GomSpace reported that order intake for the third quarter of 2026 increased by 104% to 119,688 T.SEK compared to 58,538 T.SEK in the prior year period. Revenue for Q3 2026 increased by 17% to 130,395 T.SEK from 111,697 T.SEK. EBITDA for the quarter rose by 68% to 18,642 T.SEK, up from 11,107 T.SEK, resulting in an EBITDA margin of 14%. Operating profit (EBIT) for Q3 increased to 8,592 T.SEK from 3,337 T.SEK. Earnings per share for the quarter were 0.08 SEK, unchanged from the prior year. Free cash flow for Q3 was negative at -41,658 T.SEK, compared to -37,974 T.SEK in the previous year. For the year to date 2026, order intake increased by 1% to 377,299 T.SEK from 373,726 T.SEK. Year-to-date revenue increased by 25% to 369,765 T.SEK from 296,400 T.SEK. Year-to-date EBITDA increased by 64% to 44,154 T.SEK from 26,850 T.SEK. Year-to-date operating profit (EBIT) increased to 16,477 T.SEK from 3,450 T.SEK. Year-to-date earnings per share were 0.24 SEK, compared to -0.14 SEK in the prior year. Year-to-date free cash flow was negative at -144,274 T.SEK, compared to -78,357 T.SEK in the previous year. The company has narrowed its full-year 2026 outlook, expecting revenue to be in the lower part of the SEK 540–600 million range and EBITDA margin towards the high end of the 10–12% range. CEO stated that free cash flow remains negative as the company continues to invest in scaling the business and supporting future growth. The company is actively managing an outstanding receivable and is repurposing products across other projects to reduce exposure. GomSpace has set a 2030 financial target of SEK 1.6 billion in annual revenue and an EBITDA margin above 20%. This target implies annual growth of at least 30% from the current rolling 12-month revenue base, supported by all five business units, continued market share gains, and international expansion. The full-year report will be published on February 17, 2027. A third quarter presentation will be held at a webinar on November 5 at 11:00 CET, hosted by HC Andersen Capital.