Formpipe Software AB (FPIP.ST) on Tuesday reported decreased net profit in its second quarter, despite revenue growth.
In Stockholm, the shares were trading 2.68% lower at 29.00 kronor.
The Swedish software company reported net profit of 0.49 million Swedish kronor, compared to profit of 8.32 million Kronor in the prior year. Earnings per share decreased to 0.01 krona from 0.15 krona last year.
The firm reported that adjusted EBIT rose to 12 million kroner from 8 million kroner last year, and the adjusted EBIT margin increased to 9% from 6% a year ago.
The EBITDA grew to 29 million kroner from 25 million kroner in the prior year, and the EBITDA margin improved to 21% from 19% last year.
Net sales grew 5% to 140 million kronor from 132 million kronor in the prior year. The Recurring revenue also increased 5% to 112 million kronor from 107 million kronor last year.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.