# AI Revenue Assistant Software Stockholm Reports Q3 Loss as Shares Drop 12.8%

- URL: https://stocks.freetheai.org/news/ai-revenue-assistant-software-stockholm-reports-q3-loss-as-shares-drop-12-8-327684
- Published: 2026-10-19T08:34:00Z
- Category: earnings; sentiment: bearish; impact: medium
- Symbols: [OMXSTO:AIRA](https://stocks.freetheai.org/symbols/OMXSTO-AIRA)
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AI Revenue Assistant Software Stockholm AB (OMXSTO:AIRA) reported net sales of 0.5 million SEK and a net loss of 2.7 million SEK for the third quarter of 2026. Annualised recurring revenue reached 1.85 million SEK at the end of the quarter, up by 0.08 million SEK over the three-month period. Operating profit stood at negative 3.5 million SEK, while operating cash flow was negative 3.5 million SEK. The company closed the quarter with 9.9 million SEK in cash.

Incorporated in February 2026 with no operations before April, the company has no prior-year comparative financial results. Management directed its primary focus during the quarter toward developing Aira for Fortnox, an accounting-integrated sales tool priced at 699 SEK per month. The software targets small businesses across Sweden by using live customer, invoice, and order data directly from their accounting systems to identify potential sales contacts.

Investors will look to the fourth quarter for initial sales performance as Aira for Fortnox becomes available on November 1 to over 600,000 customer companies in the Fortnox ecosystem. Management anticipates that early revenue from the product will help extend the company's cash runway, while the board evaluates future financing options to support further expansion. Shares of the company fell 12.85% following the report.

## Key points

- Net sales reached 0.5 million SEK for Q3 2026, with an operating loss of 3.5 million SEK and a net loss of 2.7 million SEK.
- Annualised recurring revenue rose to 1.85 million SEK, an increase of 0.08 million SEK during the third quarter.
- Cash balance stood at approximately 9.9 million SEK at the end of the period, with operating cash flow at negative 3.5 million SEK.
- Aira for Fortnox is set to launch on November 1, 2026, targeting more than 600,000 customer companies at 699 SEK per month.

## Questions and answers

### What were AI Revenue Assistant Software Stockholm's Q3 2026 financial results?

Net sales were 0.5 million SEK, annualised recurring revenue reached 1.85 million SEK, and the net loss was 2.7 million SEK. Operating cash flow stood at negative 3.5 million SEK, leaving cash at 9.9 million SEK.

### When will Aira for Fortnox launch and how much does it cost?

Aira for Fortnox becomes available on November 1, 2026, to over 600,000 customer companies, priced at 699 SEK per month.

### Why are there no comparative prior-year financial figures for AI Revenue Assistant Software Stockholm?

The company was incorporated on February 23, 2026, and had no business operations before April 1, 2026, making this its first financial year.