StrongPoint ASA: Second Quarter and First Half 2026

10 Jul 2026 07:00 CEST

10.7.2026 07:00:10 CEST | StrongPoint | Half yearly financial reports and audit
reports / limited reviews

(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 atstrongpoint.com -
http://strongpoint.comand can also be accessed by the following links:

Q2 Presentation: StrongPoint Webcast Q2 2026 -
https://qcnl.tv/p/NETyK6HXeQWNkZp3EEbhRQ

Live Q&A Audiocast: StrongPoint Q&A Audiocast -
https://qcnl.tv/p/FNOW6ggaJtjYwS-dmgckNg

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Marius Drefvelin, CFO StrongPoint ASA, +47 958 95 690,
marius.drefvelin@strongpoint.com

ABOUT STRONGPOINT

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].

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18988559/13667/Download%20announc
ement%20as%20PDF.pdf

StrongPoint Q2 2026.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18988559/13663/StrongPoint%20Q2%2
02026.pdf

StrongPoint Q2 2026 print version.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18988559/13665/StrongPoint%20Q2%2
02026%20print%20version.pdf

StrongPoint Q2 2026 Presentation.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18988559/13666/StrongPoint%20Q2%2
02026%20Presentation.pdf

More information:
Access the news on Oslo Bors NewsWeb site

677964_Download announcement as PDF.pdf
677964_StrongPoint Q2 2026.pdf
677964_StrongPoint Q2 2026 print version.pdf
677964_StrongPoint Q2 2026 Presentation.pdf