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| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Informationsteknik |
| Industri | Programvara |
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21.5.2026 07:00:01 CEST | Cyviz | Half yearly financial reports and audit reports / limited reviews
Cyviz AS publishes its financial results for the first quarter of 2026. Q1 reflects a stable underlying business in defense and security-related verticals across Europe and North America, and a geopolitically challenging market in the Middle East.
Revenue reached NOK 107.5 million in the quarter, and order intake was NOK 99.3 million, reflecting continued demand for Cyviz’ solutions across key sectors and geographies. Annual recurring revenue (ARR) reached NOK 66 million.
“We entered 2026 with continued execution on our strategic priorities. While revenue in the quarter was impacted by lower activity in the Middle East, activity remained solid in Europe and North America, with continued demand particularly within defense and security-related segments. At the same time, we are advancing our transition towards a more scalable, software-enabled business model. With a solid backlog and a developing pipeline, we are well-positioned going forward,” says Espen Gylvik, CEO of Cyviz.
Key highlights for Q1 2026
Revenue of NOK 107.5 million, compared with NOK 135.8 million in Q1 2025
EBITDA of NOK -14.8 million, compared with NOK 1.2 million in 2025
Order intake of NOK 99.3 million
Annual recurring revenue (ARR) of NOK 66.0 million
Operating cash flow of NOK 5.3 million, compared to NOK -17.6 million in Q1 2025
Key wins included a NOK 20+ million contract with a Texas-based energy company and NOK 15 million across three security-approved mobile control rooms for NATO. The company also secured new orders from key accounts in Europe and North America, as well as a strategic win for crisis meeting rooms in Saudi Arabia.
Cyviz expects continued activity across key sectors and regions, particularly within defense and security-related markets. Increasing investments in defense capabilities, especially in Europe and NATO countries, are expected to increase demand.
Cyviz will continue to scale its software platform and partner ecosystem to grow recurring revenue over time, while the transition towards a more scalable and predictable business model remains gradual.
Link to landing page LIVE and recording >>
The report, presentation and link to the recorded webcast will also be made available at: https://www.cyviz.com/investor-relations/
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Contacts
- Espen Gylvik, CEO, Cyviz AS, +4791330644, espen.gylvik@cyviz.com
- Lars Hjarrand, Chief Financial Officer, +4791762842, lars.hjarrand@cyviz.com
About Cyviz
About Cyviz
Cyviz is a global technology provider for comprehensive conference and control rooms as well as command and experience centers. Since 1998, we have created next level collaboration spaces, assuring inclusive meeting experiences for in person and remote attendance.
Cyviz serves global enterprises and governments with the highest requirements for usability, security, decision making and quality. The cross-platform experience Cyviz delivers to manage and control systems and resources across the enterprise, makes Cyviz the preferred choice for customers with complex needs.
Find out more on www.cyviz.com or visit one of our Cyviz Experience Centers in Atlanta, Benelux, Dubai, Houston, Jakarta, London, Oslo, Paris, Riyadh, Singapore, Stavanger, or Washington DC.
Cyviz is listed on Euronext Growth at the Oslo Stock Exchange (ticker: CYVIZ).