Cyviz AS reported revenue of NOK 91.0 million in Q3 2026, compared with NOK 95.0 million in Q3 2025. EBITDA was NOK -10.7 million, compared with NOK 2.3 million a year earlier.
Order intake was NOK 74.2 million, and the order backlog was NOK 364.8 million at quarter-end.
Cyviz maintains strong margins on proprietary products and solutions, while cost-optimization measures have reduced operating expenses.
“Volumes are insufficient, and we are adapting our cost base and organization accordingly. Cost optimization and structural adjustments are underway, alongside our continued transition towards a more partner-led, software-enabled business model,” says Espen Gylvik, CEO of Cyviz.
Annual recurring revenue (ARR) was NOK 72.7 million, up from NOK 67.5 million a year earlier and down from NOK 76.8 million in Q2 2026. The quarter-on-quarter decline primarily reflected currency effects and also a cancellation expected to be re-signed in 2027.
Cyviz continues to prioritize operational efficiency, development of its partner channel and recurring revenue. The bank has granted a waiver for breaches of the equity ratio and rolling 12-month EBITDA covenants through the end of 2026.
Link to landing page LIVE and recording: https://qcnl.tv/p/txyOL2C3-VgBk-NX03tQ4g
The report, presentation and link to the recorded webcast will also be made available at: https://www.cyviz.com/investor-relations/
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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).