During the second quarter of 2026, Railway Metrics and Dynamics further strengthened its position in the digitalization of railway logistics through several strategically important contracts and deliveries.

The quarter was marked by the first pre-series delivery of PMU:C units to the Swedish Transport Administration (Trafikverket), a significant order for freight traffic testing, and a paid assignment within LKAB’s logistics development program. The company’s products have now evolved into commercial solutions that are being used and requested in both the Swedish and international markets.

During the period, RMD also identified several new business opportunities and received a large number of requests for quotations.

Overall, the quarter demonstrates growing market interest in the company’s solutions and continued strong progress toward increased commercialization and growth.

Significant Events

• Received an order for 25 PMU units and 2 PMU:C units for testing on an established freight railway line.
• Completed the first pre-series delivery of PMU:C units under a previously awarded procurement contract with Trafikverket.
• Secured a paid assignment to conduct a current-state analysis for LKAB within logistics development, focusing on sensor technology.
• Published an interview with Knut Tisell, Sales and Project Manager, regarding current market conditions and customer needs.
• Recruited three engineers, two of whom were previously consultants and have transitioned to permanent employment.

Financial Development

Period: April 1, 2026 – June 30, 2026

Operating Revenue

During the period April-June 2026, the company generated sales revenue of SEK 812 thousand (SEK 740 thousand). All revenue consisted of recurring rental income.

Operating Expenses

Cost of goods sold for the period April-June 2026 amounted to SEK -311 thousand (SEK -24 thousand).

Other external expenses for the period amounted to SEK -2,592 thousand (SEK -4,663 thousand), while personnel expenses totaled SEK -2,263 thousand (SEK -1,344 thousand).

Operating Result

Operating profit (EBIT) for the period April-June 2026 amounted to SEK -1,734 thousand (SEK -1,012 thousand).

EBITDA for the corresponding period amounted to SEK -1,520 thousand (SEK -990 thousand).

Financial Position and Liquidity

• Cash and cash equivalents amounted to SEK 1,636 thousand (SEK 3,838 thousand) as of June 30, 2026.
• Equity ratio amounted to 80% (76%).
• Shareholders’ equity amounted to SEK 171,796 thousand (SEK 158,585 thousand).
• Cash flow for the period amounted to SEK -5,631 thousand (SEK 3,177 thousand).
• Cash flow from operating activities amounted to SEK -2,791 thousand (SEK 7,331 thousand).
• Earnings per share for the period were SEK -0.03 (SEK -0.03).

Investments

During the period April-June 2026, the company capitalized development costs of SEK 2,834 thousand (SEK 4,301 thousand).