Oneflow posts operating profit of SEK 5.4 million in third quarter
Key Facts
On November 6, 2026, Oneflow reported an operating profit of SEK 5.4 million in the third quarter, compared with a loss of SEK 5.1 million a year earlier, as net sales rose 17% to SEK 50.6 million. The EBIT margin was about 11%, against negative 12% in the corresponding period. Annual recurring revenue also increased 16% to SEK 208.4 million at quarter-end. But net additions to annual recurring revenue were SEK 7.8 million, compared with SEK 8.5 million a year earlier. The company said the operating profit followed years of work on efficiency, scalability and financial discipline.
Cash flow improved alongside quarterly profitability: Oneflow posted positive net cash flow of SEK 5.0 million in the quarter, compared with negative SEK 16.1 million a year earlier. For the 12 months through quarter-end, net cash flow was positive SEK 1.0 million. In the first nine months, net cash flow was SEK 8.5 million, compared with negative SEK 54.0 million in the corresponding period of 2025. The company said the third quarter was the second quarter in 2026 to deliver positive net cash flow. For January to September, net sales rose 19% to SEK 147.4 million, and EBIT improved to a loss of SEK 3.6 million from a loss of SEK 45.2 million a year earlier; cumulative operating performance therefore remained negative despite the quarterly turnaround.
Oneflow aims to sustain growth by increasing average deal size, improving customer retention and expansion, and raising productivity across direct and partner sales channels. It said it would use the Rule of 40 as a framework for balancing annual recurring revenue growth with the EBIT margin under its updated financial targets. The share of sales outside Sweden rose to 45% from 41% a year earlier, while the company had paying customers in 44 countries. The figures reflect a broader presence beyond its home market alongside the shift to quarterly profit. The company says its goal is to establish sustainable profitability and positive free cash flow over time.
In the delivery sector, MoveByBike said expansion drove up costs before planned revenue had fully materialized. It attributed this to delayed vehicle deliveries and postponed launches of some operations, after investing in a new logistics hub in Stockholm and increasing organization and vehicle capacity. The company said expansion-related costs arose before the planned revenue was fully realized. Operationally, it recorded 103071 deliveries in September, surpassing the 100,000 mark for the first time in a single month. It said nearly 30 new customers for daytime distribution services joined in Stockholm and Copenhagen during October.
At Arla Plast, net sales rose 4% in the third quarter, but organic sales fell 5%, and operating profit declined 24% to SEK 18.4 million from SEK 24.1 million a year earlier. The operating margin fell to 5.6% from 7.6%. The company said group earnings were affected by higher costs and operational disruptions related to integrating its Finnish operations and reallocating production between segments. It added that lower sales volumes and higher raw material prices weighed on results. In the first nine months, sales fell 8% to SEK 1,021.3 million, operating profit declined 30% to SEK 64.4 million, and cash flow from operating activities dropped to SEK 27.7 million from SEK 120.2 million.
Arla Plast said demand from the construction sector remained slow, while demand was stable in some industrial projects. It also saw greater activity among some automotive customer groups, but overall order volumes remained below the comparable period. The company expects the market to remain subdued in the final quarter of the year. It added that the direction of raw material prices remains unclear, partly linking this to production capacity adjustments announced by European producers. These expectations leave the final quarter facing continued weak demand and uncertainty over raw material costs.