Cyviz AS (CYVIZ) Earnings Call Transcripts

Cyviz AS's Latest Earnings Call - Q1 FY2026

In Q1 2026, Cyviz AS reported revenue of NOK 108 million, a decline of NOK 27 million year-over-year, primarily impacted by geopolitical tensions in the Middle East. The company experienced a significant order intake of NOK 99 million, with management highlighting a backlog increase of 6% compared to Q1 2025. Despite the challenges, management expressed optimism for Q2, citing a positive uptick in order activity and a strategic focus on defense and corporate sectors, which could drive future growth.

Reported metrics

Guidance from management

Management expects a return to growth in Q2, particularly in the defense and corporate sectors, and aims to capitalize on increased defense budgets in Europe. They are focused on enhancing margins through a partner-driven sales strategy and subscription-based revenue growth.

What management said

Sure. It's Lars Hjarrand, and I joined Cyviz at the end of March. And prior to joining Cyviz, I have about 20-plus years of similar roles and experience in different companies, both in Norway and abroad and both listed companies and privately owned companies. So I'm very excited to join the Cyviz team.

What analysts pressed on

Analysts expressed concerns regarding the impact of geopolitical tensions on future order intake and the company's ability to recover lost revenue. There were questions about the sustainability of ARR growth amid recent customer cancellations and the effectiveness of the cost optimization measures.

Main topics on the call

• Impact of Geopolitical Tensions — The ongoing conflict in the Middle East negatively affected order intake by approximately NOK 30 million, with management stating, "we do hope and aim to at least be back on plan for the second quarter."
• Order Intake and Backlog Performance — Order intake for the quarter was NOK 99 million, with a backlog increase of 6% year-over-year. Management noted that the underlying business in Europe and North America is performing well, stating, "the operational under...
• ARR Stability and Growth Potential — Annual Recurring Revenue (ARR) remained stable at NOK 66 million, despite a cancellation of a $350,000 contract. Management emphasized the importance of the new software management platform for future ARR growth, stating...
• Cost Optimization Initiatives — In response to the challenging quarter, Cyviz has implemented a cost optimization program and increased its revolving credit facility from NOK 75 million to NOK 100 million. This move aims to enhance cash flow management...

Read the full Cyviz AS transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 7 Cyviz AS earnings call transcripts on record, spanning February 8, 2024 to May 21, 2026. Based on this history, Cyviz AS reports semi-annually. The most recent call on file is dated May 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CYVIZ

Exchange

OB

Country

NO

Sector

Information Technology

Industry

IT Services

Calls on record

7

First call

February 8, 2024

Most recent

May 21, 2026

Reporting cadence

semi-annually