(Oslo, 10 July 2026) StrongPoint ASA reported revenues of NOK 342 million (350) in the second quarter and NOK 685 million (697) in the first half of 2026. The EBITDA was NOK 5 million (7) in the quarter, including NOK 4 million in one-off costs, and NOK 15 million (18) in the first half 2026.
“In our second quarter of 2026 we continued our flat topline from earlier in the year with a 2% revenue decline. Recurring revenue declined at similar rates, principally due to absences of earlier recurring revenue contribution from our former Electronic Shelf Label (ESL) partner. Our international markets grew 15% whilst our Nordic markets experienced a 22% decline in topline, driven by loss of earlier revenue contributions from our former ESL partner. Gross profit was down 7 MNOK, whereas EBITDA decline was cushioned somewhat from improved cost base. EBITDA for the quarter was NOK 5 million, down 2 MNOK compared to same quarter last year,” says Jacob Tveraabak, Chief Executive Officer of StrongPoint.
StrongPoint reported revenues of NOK 342 million (350) in the second quarter of 2026 and an EBITDA of NOK 5 million (7). The second quarter EBIT was NOK -6 million and EBT was NOK -11 million. The net profit after tax ended at NOK -8 million in the quarter. Cash flow from operating activities was NOK 49 million.
“Recurring revenue on a 12-month rolling basis declined 2% to 372 MNOK. The decline is primarily due to our termination of the partnership agreement with our former ESL partner, which came into full effect at the start of 2026. As communicated earlier, we are focusing on building a recurring revenue base with our new partner Vusion. Whereas it will take time to build a recurring revenue stream with our new partner, we are confident that the potential is significantly larger than ever before,” Tveraabak continues.
“Whereas our topline appears to be relatively flat it is important to recognize that we are growing our international business significantly and building a more robust platform for growth. The recent break-through in the US market comes after a period of investment, whereas profitable growth forward is expected. Our path to sustained and robust profitability will have its ups and downs, certainly in the short-term. As a consequence, we will continue to drive internal efficiency and right-sizing our cost base,” Tveraabak concludes.
StrongPoint will host an in-person and streamed presentation of the second quarter and first half results at 07:00 CET followed by a Q&A session at 11:00 CET 10 July 2026. Questions can be submitted online during the Q&A or via email at: investor@strongpoint.com.
The webcast and audiocast are available at strongpoint.com and can also be accessed by the following links:
Q2 Presentation: StrongPoint Webcast Q2 2026
Live Q&A Audiocast: StrongPoint Q&A Audiocast
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
StrongPoint is a grocery retail technology company that makes grocery retailers more efficient and sustainable.
StrongPoint provides e-commerce and in-store solutions. Within e-commerce, this includes end-to-end grocery e-commerce fulfillment, including in-store order picking, automated micro-fulfillment, click and collect grocery lockers, and in-store and drive-thru grocery pickup solutions. For in-store operations, StrongPoint provides technologies such as electronic shelf labels, AI-powered self-checkouts, and cash management and payment solutions.
With approximately 500 employees across Norway, Sweden, Finland, the Baltics, Spain, the UK and Ireland, and together with a wide partner network, StrongPoint supports grocery and retail businesses in more than 20 countries.
StrongPoint is headquartered in Norway and is listed on the Oslo Stock Exchange, with revenue of approximately NOK 1.4 billion [ticker: STRO].