Smartoptics Group ASA (SMOP) Earnings Call Transcripts

Smartoptics Group ASA's Latest Earnings Call - Q1 FY2026

In Q1 2026, Smartoptics Group ASA reported a significant revenue increase of 59.6% year-over-year, reaching $22.9 million, driven primarily by strong performance in the Americas and EMEA regions. The company also achieved an EBITDA of $2.7 million, up from $1.2 million in the prior year, reflecting improved operational efficiency. Management maintained a positive outlook, indicating that the market for optical networking is projected to grow at a high single-digit to low double-digit rate over the next five years, with plans to release new targets in Q2 2026.

Reported metrics

Guidance from management

Management indicated that they will release new targets in Q2 2026, aiming for clarity and higher growth expectations, stating, 'We are continuing to invest probably at a higher pace than we have.'

What management said

Do we have any questions in the room? Okay. Then we go to teams. We have our analysts on the call. I see Christopher on 1 wants to start is from DNB. Could you please unmute yourself and ask your question.

If I may stop you right there. We didn't say that we will change it. We said -- I said -- I hope I said that we will improve it. We will improve it in a couple of ways. We will improve yes, make it more simple to understand. Obviously, we are setting tougher targets on ourselves. We are continuing to invest probably at a higher pace than we have the market ahead of us is fantastic. We need to capture that opportunity...

What analysts pressed on

Analysts are concerned about the implications of the production consolidation on future revenues and the potential changes in guidance. They are seeking clarity on whether the adjustments will reflect a negative outlook or an opportunity for higher growth.

Main topics on the call

• Strong Revenue Growth — Smartoptics reported a revenue increase of 59.6% to $22.9 million, driven by high growth in the Americas and EMEA, particularly within Business Area Solutions. Management noted, 'We are growing faster than anyone else,' ...
• Improved EBITDA and Margins — The EBITDA for Q1 was $2.7 million, an increase from $1.2 million last year, resulting in an EBITDA margin of 11.7%. Management stated, 'Excluding the nonrecurring costs, the EBITDA for Q1 was 13.7%.
• Market Outlook and Growth Strategy — Management highlighted a favorable market outlook, projecting the optical networking market to grow from $16.5 billion in 2025 to $24.7 billion by 2030. They emphasized, 'We are the challenger of challengers,' aiming to ...
• Production Consolidation Impact — The company is in the process of consolidating production into a new facility, which is expected to temporarily lower revenues in Q2. Magnus Grenfeldt noted, 'The first 3 weeks in the quarter were dramatically lower in r...

Read the full Smartoptics Group ASA 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 14 Smartoptics Group ASA earnings call transcripts on record, spanning February 17, 2023 to July 13, 2026. Based on this history, Smartoptics Group ASA reports quarterly. The most recent call on file is dated July 13, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SMOP

Exchange

OB

Country

NO

Sector

Information Technology

Industry

Communications Equipment

Calls on record

14

First call

February 17, 2023

Most recent

July 13, 2026

Reporting cadence

quarterly