• Otovo held its Q1 2026 earnings call, with the CEO and Jennifer presenting strategy progress, financial results, and the outlook.
• Reaffirmed 2026 guidance: revenue USD 80-90 million, adjusted EBITDA USD 2.5-7.5 million, 60,000 customers; targets 60,000 customers by year-end.
• Pivot toward service and subscriptions; Q1 operating expenses down USD 2.2 million year over year, despite lower revenue from exiting Newbuild.
• Endurance AI platform rollout underway; identified about USD 4 million in annualized cost savings, with the main effect expected in H2 2026.
• US expansion via acquisitions; EnergyAid deal adds about USD 19 million revenue and 30 vans, while an LOI for SST targets about USD 14 million revenue.
• Progressing toward a US dual listing, targeting January or February 2027; expects one-time costs of about USD 5 million, excluding underwriting commissions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Otovo ASA published the original content used to generate this news brief on May 28, 2026, and is solely responsible for the information contained therein.