Resilient Gross Profit Growth
Sinch reported a robust 6% organic growth in gross profit, reaching SEK 2.3 billion, driven by a positive mix shift and increased profitability at the product level.
Strong Cash Flow and Balance Sheet
Free cash flow was SEK 523 million in Q2 with a strong cash conversion rate of 60%. Sinch also paid down SEK 480 million in debt, resulting in a leverage ratio of 1.3x net debt to adjusted EBITDA.
AI and Innovation Leadership
Sinch's AI capabilities and strategic partnerships, like Salesforce and Microsoft Dynamics, are driving innovation and enhancing customer communication, with a notable recognition from Omdia Leader for AI-enabled conversational messaging.
Share Buyback Program Activated
Sinch's Board of Directors activated the share buyback program following the AGM mandate, reflecting confidence in the company's financial position.