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bambuser Interim Report H1 2026 H1 Highlights ARR of SEK 75.2 million ( 83.7 ) , a decline of 10 % year - over - year and 11 % at constant exchange rates ( " CER " ) . Net Sales SaaS of SEK 38.4 million ( 43.3 ) , a decline of 11 % year - over - year , of which 95 % recurring . Adjusted EBITDA of SEK -32.3 million ( -49.8 ) , an improvement of SEK 17.5 million or 35 % , lifting the margin to -84 % ( -115 % ) . Free Cash Flow of SEK - 24.5 million ( -41.7 ) , an improvement of SEK 17.2 million or 41 % , lifting the FCF margin to -64 % ( -96 % ) . Cash and cash equivalents at the end of the period of SEK 94.7 million ( 140.5 ) , after a fully subscribed rights issue of SEK 16 million in Feb 2026 . Launched Bambuser's Al intelligence offering , making brands ' video content readable and citable by Al answer engines , with first deployments including Audi Sweden and ASOS's styling app inside ChatGPT . In this report , all figures in brackets refer to the corresponding period of the previous year unless stated otherwise . ΚΡΙ Jan - Jun Jan - Jun % y / y % h / h Jul - Dec 2026 2025 2025 ARR ( SEKM ) 75.2 83.7 -10 % 77.7 -3 % -11 % -5 % ARR growth ( CER ) NRR % ( LTM¹ ) 80 % 80 % 0 % p . 76 % 4 % p . Net Sales SaaS ( SEKm ) 38.4 43.3 -11 % 39.8 -4 % Gross Margin SaaS ( % ) 86 % 86 % 0 % p . 85 % 1 % p . EBITDA ( SEKm ) -32.4 -49.8 35 % -35.9 10 % EBITDA % -85 % -115 % 30 % p . -90 % 6 % p . Adj EBITDA ( SEKm ) -32.3 -49.8 35 % -35.1 8 % Adj EBITDA % -84 % -115 % 31 % p . -88 % 4 % p . EBIT ( SEKM ) -40.3 -63.8 37 % -51.0 21 % EBIT % -105 % -147 % 42 % p . -128 % 23 % p . -402 -63.8 37 % -50.8 21 % -105 % -147 % 42 % p . -128 % 23 % p . Adj . EBIT ( SEKm ) Adj . EBIT % Cash Balance EOP ( SEKm ) 94.7 140.5 -33 % 103.1 -8 % FCF ( SEKM ) -24.5 -41.7 41 % -44.1 44 % FCF Margin ( % ) -64 % -96 % 33 % p . -111 % 47 % p . FCF / Share ( SEK , LTM ) 1,2 -8.52 -12.17 30 % -12.19 30 % No of shares EOP2 8,051,950 7,041,180 14 % 7,041,180 14 % No of Fully diluted shares EOP² 8,451,283 7,632,585 11 % 7,445,770 14 % Earnings per share ( SEK ) 2,3 -4.92 -8.96 45 % -7.10 31 % EPS after dilution ( SEK ) ² -4.69 -8.26 43 % -6.71 30 % Full - time Equivalents EOP 55 75 -27 % 64 -14 % No of Customer Groups ( CG ) 177 197 -10 % 184 -4 % Avg ARR per CG ( SEKK ) 425 425 0 % 422 1 % 1. LTM refers to the last twelve months . 2. Comparative per share data has been restated for the 1:30 reverse share split resolved by the Extraordinary General Meeting on 9 December 2025. Shares at 30 June 2025 were 211,235,385 and fully diluted shares 228,977,563 , equivalent to 7,041,180 and 7,632,585 after the split . 3. The comparative figure for January - June 2025 has been corrected . The amount reported in the interim report for that period was incorrect . KPIs are defined in " Definitions " on page 19 BAMBUSER | H1 REPORT 2026 1