The report has not been audited.
Financial Report Q3 2026 -
Revenue Growth of 47% – Year-to-Date Performance
HIGHLIGHTS
MANAGEMENT REMARKS
The strategy remains to secure profitable growth and at the same time maintain a conservative cost level with the aim of getting closer to a cashflow positive situation earliest possible and preferably during 2026. The management believes the current cost level of the operation will result in achieving the announced financial outlook for the year 2026. As previously announced, revenue guidance is set at DKK 10–12 million, with expected EBITDA in the range of DKK -4 million to DKK -2 million.
Disclaimer
This report contains forward-looking statements based on management's current expectations. All statements about the future are subject to inherent risks and uncertainties, and many factors can lead to actual results and developments that differ materially from those expressed or implied in such statements.
FURTHER INFORMATION
Rolf Adamson, CEO
Phone: + 45 4576 4820
Email: press@nexcomglobal.com
COMPANY
Nexcom A/S
Ewaldsgade 9, st
2200 København N
Tlf. + 45 4576 4820
www.nexcomglobal.com
CERTIFIED ADVISOR
Kapital Partner A/S
Christian IX's Gade 10
1111 København K
Tlf. + 45 8988 7846
www.kapitalpartner.dk
INCOME STATEMENT Q1-Q3 2026 [January 1st - September 30th, 2026]
The report has not been audited.
| TDKK | Q1-Q3 2026 | Q1-Q3 2025 |
| Revenue | 9,100 | 6,195 |
| TOTAL REVENUE | 9,100 | 6,195 |
| Personnel | -6,996 | -7,820 |
| Other external costs | -4,884 | -5,454 |
| EBITDA | -2,779 | -7,079 |
| Depreciation | -2,043 | -2,285 |
| EBIT | -4,822 | -9,364 |
| Financial expenses | -575 | 4,295 |
| PROFIT/LOSS BEFORE TAX | -4,247 | -13,659 |
| Tax | 10 | 15 |
| PROFIT/LOSS AFTER TAX | -4,258 | -13,674 |
| Number of employees | 10 |
| Outstanding shares | 33,168,329 |
| Earnings per share (DKK) | -0.13 |
CASHFLOW STATEMENT Q1-Q3 2026 [January 1st - September 30th, 2026]
The report has not been audited.
| TDKK | Q1-Q3 2026 | Q1-Q3 2025 |
| Profit/loss before financial items and tax (EBIT) | -4,822 | -9,364 |
| Depreciation and amortization | 2,043 | 2,285 |
| Adjustment for other non-cash items | -2,236 | 485 |
| CASH FLOW FROM PRIMARY ACTIVITIES | -5,015 | -6,594 |
| Financial income received | 0 | 7 |
| Financial costs paid | -140 | -403 |
| Other operating effects | 7,990 | 1,217 |
| Income taxes paid/received | -10 | 0 |
| CASH FLOW FROM OPERATION ACTIVITIES | 2,825 | -5,773 |
| Payments for intangible assets | -699 | -841 |
| CASH FLOW FROM INVESTING ACTIVITIES | -699 | -841 |
| Proceeds from capital increase | 13,627 | 5,909 |
| Proceeds from loans | -13,130 | 1,700 |
| Repayment of loans | -404 | -896 |
| CASH FLOW FROM FINANCING ACTIVITIES | 93 | 6,713 |
| NET CASH FLOW FOR THE PERIOD | 2,219 | 99 |
| TDKK | ||
| Cash and cash equivalents at the beginning of the year | -86 | -103 |
| Net cash flow for the period | 2,219 | 99 |
| Exchange rate adjustments on cash/cash equivalents | 0 | 0 |
| CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD | 2,132 | -4 |
BALANCE SHEET SUMMARY Q3 2026 [September 30th, 2026]
The report has not been audited.
| TDKK | Q3 2026 | Q3 2025 |
| ASSETS | ||
| Intangible assets | 9,305 | 10,064 |
| Material assets | 0 | 298 |
| Deposits | 49 | 52 |
| TOTAL NON-CURRENT ASSETS | 9,353 | 10,414 |
| TOTAL CURRENT ASSETS | 3,869 | 7,023 |
| TOTAL ASSETS | 13,222 | 17,437 |
| TDKK | Q3 2026 | Q3 2025 |
| LIABILITIES | ||
| Share capital | 16,584 | 12,484 |
| Capital increase | 9,527 | 4,741 |
| Retained earnings | -21,560 | -19,080 |
| Foreign currency translation reserve | 585 | 1,616 |
| EQUITY | 5,136 | -239 |
| Long-term liabilities | 2,964 | 3,628 |
| Short-term liabilities | 883 | 9,588 |
| Other debt | 4,239 | 4,460 |
| LIABILITIES | 8,086 | 17,676 |
| TOTAL EQUITY AND LIABILITIES | 13,222 | 17,437 |
The company's total assets amount to DKK 13,222k as of September 30th, 2026.
EQUITY STATEMENT Q1-Q3 2026 [January 1st-September 30th, 2026]
The report has not been audited.
| TDKK | Share Capital | Share premium | Foreign currency translation reserve | Retained earnings | Equity |
| Equity January 1, 2026 | 12,484 | - | 1,656 | -17,303 | -3,163 |
| Capital increase | 4,100 | 9,527 | - | - | 13,627 |
| Exchange rate adjustment | - | - | -1,071 | - | -1,071 |
| Profit/loss for the period | - | - | - | -4,258 | -4,258 |
| EQUITY SEPTEMBER 30, 2026 | 16,584 | 9,527 | 585 | -21,560 | 5,136 |
MANAGEMENT STATEMENT Q1-Q3 2026 [January 1st - September 30th, 2026]
The report has not been audited.
The Board of Directors and Management have today considered and approved the interim financial report of Nexcom A/S for the first nine months of 2026. The interim financial report has not been audited or reviewed by the company’s independent auditors.
The interim financial report for the first nine months of 2026 has been prepared in accordance with the provisions of the Danish Financial Statements Act for Accounting Class B with the option of certain principles for Accounting Class C and additional disclosure requirements for companies admitted to trading on Nasdaq First North Growth Market. The accounting policies adopted are consistent with those applied in the annual report 2025.
In our opinion the accounting policies applied are appropriate to the effect that the interim financial report gives a true and fair view of the company’s assets, liabilities, cashflow and financial position on September 30th, 2026. Furthermore, in our opinion, the Management review gives a true and fair view of the development in the activities and the financial situation, the financial result for the period and the financial position of the company, Nexcom.
Risks and uncertainties have not changed in relation to the conditions mentioned in the company description prepared in connection with Nexcom share listing on Nasdaq First North Growth Market, Copenhagen. The annual report 2025 and the company description are available at nexcom.dk.
Copenhagen October 27th, 2026
MANAGEMENT
Rolf Adamson, CEO
BOARD OF DIRECTORS
Kim Mikkelsen, Chairman
Charlotte Enlund
Christian Hein
Thomas Krogh Skou