The company’s mid-year results reflect a broader shift in its business strategy, moving from purely commercial satellite components toward larger, government-backed missions. While order intake for the first half of the year dipped by 18% to 257.6 million SEK, management emphasized that the current backlog remains sufficient to support their full-year revenue targets of 540–640 million SEK.
Profitability metrics showed significant improvement, with EBITDA margins reaching 11%. CEO Carsten Drachmann noted that the firm, which celebrated its tenth anniversary on the Stockholm exchange this year, is prioritizing national and defense-oriented contracts. Although these deals involve longer sales cycles, they offer greater opportunities for recurring revenue. The company’s balance sheet has also stabilized, with the equity ratio climbing to 41%. Despite a negative free cash flow of 102.6 million SEK—attributed to intentional scaling investments in technology and production—GomSpace maintains its original 2026 financial guidance.




Comments (0)
No comments yet. Be the first!