Modelon Q3 ARR Rises 1% QoQ to SEK 47.2M

Net revenue was SEK 15.9M versus SEK 16.3M. Software revenue declined YoY while services rose 31% YoY. Adjusted EBIT improved to -SEK 3.1M from -SEK 4.0M, and operating cash flow was -SEK 10.6M versus -SEK 16.9M.