SmartCraft ASA — Earnings Release 2025

Aug 26, 2025

SmartCraft ASA (SMCRT) - Q2 2025: ARR surpasses NOK 500 million milestone, profitability strengthens

SmartCraft ASA (SMCRT) - Q2 2025: ARR surpasses NOK 500 million milestone, profitability strengthens

26 August 2025 - SmartCraft ASA, the leading Nordic provider of mission-critical

SaaS solutions to small and mid-sized companies in the construction sector,

today reported its results for the second quarter of 2025. ARR reached NOK 505

million, up 9 percent year-on-year, with organic ARR growth increasing to 7

percent, marking the first quarter-on-quarter improvement since Q4 2022.

SmartCraft continues to deliver strong profitability and cash flow. The adjusted

EBITDA-CAPEX margin improved to 29 percent, the highest level since Q1 2024,

underscoring the scalability of the business model.

SmartCraft also continues to perform well in terms of sales, with new customer

contracts growing 8 percent year-on-year despite a challenging construction

market. Bankruptcies in the sector remain the main external churn driver, and

the company is actively addressing churn and downgrades through earlier risk

detection, stronger onboarding, and targeted retention actions.

SmartCraft is sharpening execution and investing in new solutions and its joint

technical platform. Initiatives to increase revenue per customer include

bundling, value-based pricing, and cross-sell opportunities across its large

customer base.

"SmartCraft is well positioned to accelerate organic growth when the

construction market starts to recover. We continuously focus on improving our

product and platform, scaling our go-to-market strategy, and maintaining strong

profitability and cash flow," said Hanna Konyi, Interim CEO of SmartCraft. "With

a focused team and clear strategy, we are ready to power the next phase of

growth."

WEBCAST PRESENTATION

Investors, analysts, and journalists are welcome to join an English-language

webcast presentation of the report on Tuesday 26 August 2025, at 08:00 CET.

Webcast link:

https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20250826_4

Presenters:

· Interim Chief Executive Officer Hanna Konyi

· Chief Financial Officer Kjartan Bø

Viewers are welcome to submit written questions through the webcast player

during and after the presentation. A recording of the presentation will be

available on the same link and at https://smartcraft.com/investor-relations

after the live stream is concluded.

DISCLOSURE REGULATION

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation, and is subject to the disclosure requirements pursuant

to section 5-12 of the Norwegian Securities Trading Act.

CONTACTS

Hanna Konyi, Interim CEO, +46 705 24 46 88, hanna.konyi@smartcraft.com

Kjartan Bø, CFO, +47 410 27 000, kjartan.bo@smartcraft.com

ABOUT SMARTCRAFT

SmartCraft is the leading Nordic provider of mission-critical SaaS solutions to

SMEs in the construction sector, increasing their productivity, margins, and

resource efficiency. The Group currently has more than 13 800 customers and 270

employees distributed across Norway, Sweden, Finland, and the UK. SmartCraft was

listed on the Oslo Stock Exchange in June 2021.