Slides
Page 1
Building readiness & resilience where it matters most Presented by: Jonas Jonsson, CEO & Veronica Wallin, CFO November 3, 2026, 4C Group AB, Interim Report Q3 2026 Ticker Code – 4C
Page 2
Introduction
Page 3
4C Group in brief (mSEK) Financials Q3 2026 Q3 2025 Q1-Q3 2026 Q1-Q3 2025 Q3-26 LTM Q3-25 LTM Net sales 67.3 72.7 222.7 239.3 335.9 352.3 Software revenue (% of net sales) 59% 67% 61% 59% 65% 64% EBITDA 8.3 -0.8 25.5 16.3 60.6 53.9 EBIT -6.1 -11.7 -13.4 -14.7 9.8 11.8 EBIT margin -9% -16% -6% -6% 3% 3% 335.9 LTM sales 2026 Q3 67.3 Net sales 2026 Q3 65% Software Rev Q3 2026 LTM Changed software development results in lower capitalization and higher amortization
Page 4
Defence Slower quarter, strong customer loyalty Defence net sales SEK 47.0m (57.7), 70% (79) of group net sales. Key contracts in the quarter - Extension and expansion in Canada - Core contract extended for three years in Australia - Expanded contracts for exercise planning in NATO - Long term contracts in UK expanded further North America refocused - Challenges in sales efforts - Focus forward to deliver on existing contracts - Continue to work existing pipeline Market European defence investment keeps rising, but procurement capacity remains a bottleneck and makes timing hard to predict.
Page 5
Resilience & Expert Services Resilience Turnaround in profitability. Net sales SEK 4.9m (3.0). On track to be cash-flow positive in 2026. Expert Services Strong quarter. Net sales +28% to SEK 15.3m (12.0) Broad range of services from financial sector support to organisations like Euroclear, to assisting municipalities to prepare for and deal with major events such as school shootings. Continued expanding interest in Total defence services – how organisations can prepare to be a bigger contributing factor in Swedens Total Defence.
Page 6
Financials & KPIs
Page 7
Net sales per segment • Net sales Q3: SEK 67.3m (72.7) • Net sales LTM: SEK 335.9m (352.3) • EBIT Q3: SEK -6.1m (-11.7) • EBIT margin Q3: -9% (-16%) • EBIT LTM: 9.8 (11.8) • EBIT margin LTM: 3% (3%) • Defence share of net sales: 70% (79%) -7% 0% -8% -16% 7% 3% 13% 27% 4% 3% -10% -9% -5% -35% -15% 5% 25% 45% 65% -50 0 50 100 150 200 250 300 350 400 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Net sales per segment & EBIT %, LTM (mSEK) Defence Resilience Expert Services Total net sales Net sales growth (%) EBIT/quarter (%) Total software revenue (%) 18% 91% 5% 20% 25% 0% 26% 0 20 40 60 80 100 120 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Net Sales per segment & EBIT % per quarter (mSEK) Defence Resilience Expert Services Net sales growth (%) Total software revenue
Page 8
118 132 147 162 197 228 235 254 252 273 285 318 342 -50 0 50 100 150 200 250 300 350 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Contract Assets Net working capital Cash & cash equivalents Net debt • Cash at period end SEK 8.6m (19.9); available liquidity incl. unused overdraft SEK 16.4m (21.9). • Contract assets increased by ~SEK 90m year-on-year to SEK 342m, primarily driven by the major UK customer contract signed in Q2. • Net debt decreased to SEK 124.1m from 170.6m in Q2, following the rights issue. Financial position and contract assets
Page 9
114 200 320 298 281 332 364 960 947 0 100 200 300 400 500 600 700 800 900 1 000 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Order book end of quarter, mSEK Orderbook 282 947 • Order intake of SEK 56m (60) in Q3 2026. • Order book reached SEK 947m (282), up 236% compared with Q3 2025. 93 194 203 53 60 185 91 686 54 1,018 0 200 400 600 800 1 000 1 200 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Order intake LTM and per quarter, mSEK Total Order Intake Total Order Intake LTM 5660 Order intake & Order book
Page 10
Looking forward
Page 11
How AI is accelerating the way we work 01 02 Continuous delivery model From 2 to 50 releases per year. AI in how we build Higher pace with the same size organisation. 03 04 AI in what we deliver Building capability today, ready for our customers to start using. Lower capitalisation Continuous delivery means more costs expensed directly in P&L allowing for greater visibility.
Page 12
Looking forward 01 Focus Defence in Europe; selective approach in the US 02 Cost base adjusted Continued cost discipline and improved cash conversion 03 Product innovation and enhanced delivery
Page 13
Q&A