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ABAX Q1 2026 Financial Results

ABAX Q1 2026 Financial Results

ABAX has reported Q1 2026 revenues of 187.0 MNOK and adjusted EBITDA of 73.0 MNOK, with the adjusted EBITDA margin increasing to 39.0%; the company has cited cost discipline, product launches and stabilisation in Sweden.

ABAXEarnings
ABAX9 weeks ago
ABAX Q1 2026 Financial Results
ABAX adds SMT2 tachograph support for LCVs

ABAX adds SMT2 tachograph support for LCVs

ABAX Group has launched ABAX Tachograph and has added SMT2-compatible tachograph functionality to its Smart Operations platform to help LCV fleets meet the EU Mobility Package requirements taking effect on 1 July 2026.

ABAXFMSLCVsLegislationProduct launches
ABAX10 weeks ago
ABAX adds SMT2 tachograph support for LCVs
ABAX Group 2025 Annual Report: Smart Operations strategy

ABAX Group 2025 Annual Report: Smart Operations strategy

ABAX Group has published its 2025 report, showing revenues of NOK 798.1m, an adjusted EBITDA margin of 40% and a SEK 900m refinancing; it has reported growth in Offroad and Insurance while Onroad revenue has been affected by Swedish conditions.

ABAXEarnings
ABAX13 weeks ago
ABAX Group 2025 Annual Report: Smart Operations strategy
ABAX data finds UK site operators lack visibility of plant and fleet assets

ABAX data finds UK site operators lack visibility of plant and fleet assets

ABAX analysis of conversations with nearly 70 firms at Scotplant 2026 found 63% did not track high-value plant machinery, vehicles or trailers. The telematics provider said it will use the findings to enhance its Smart Operations platform for asset visibility and loss prevention.

ABAXConnected servicesFleetFMS
ABAX13 weeks ago
ABAX data finds UK site operators lack visibility of plant and fleet assets
ABAX expands platform to integrate connected tools

ABAX expands platform to integrate connected tools

ABAX has expanded its platform to integrate tools with built-in manufacturer connectivity, consolidating asset data and enabling direct integration of Hilti and STIHL devices without extra hardware, providing unified visibility, reporting and control for businesses.

ABAXConnectivityProduct launchesSoftwareTSPs
ABAX3 months ago
ABAX expands platform to integrate connected tools
Merlo UK gains attachment visibility with ABAX Worksite

Merlo UK gains attachment visibility with ABAX Worksite

Merlo UK has implemented ABAX Worksite to track high‑value demonstration attachments, and has integrated it with ABAX Fleet for vehicle tracking; the system has delivered time savings, reduced administrative burden and improved asset visibility.

ABAXConnected servicesFleetFMSHardwareLCVsMRMTSPs
ABAX3 months ago
Merlo UK gains attachment visibility with ABAX Worksite
ABAX to present site-visibility solution at ScotPlant

ABAX to present site-visibility solution at ScotPlant

ABAX has announced it has scheduled demonstrations of its Site Operations platform at ScotPlant, providing real-time tracking of tools, equipment and connected assets across sites and integrating data from multiple connectivity options to support operational decision-making.

ABAXAnnouncementsConferencesFMS
ABAX4 months ago
ABAX to present site-visibility solution at ScotPlant
Merlo UK adopts ABAX Worksite for attachment tracking

Merlo UK adopts ABAX Worksite for attachment tracking

Merlo UK has adopted ABAX Worksite and integrated it with ABAX Fleet to track high-value attachments and vehicles, has fitted trackers to arriving assets, and has reported time savings and reduced administrative effort.

ABAXFleetFMS
ABAX5 months ago
Merlo UK adopts ABAX Worksite for attachment tracking
ABAX data shows European fleet emissions fell 3% in 2025

ABAX data shows European fleet emissions fell 3% in 2025

ABAX’s annual Mobility Data report, based on around 300,000 connected vehicles, finds CO₂ emissions per vehicle fell 3% in 2025. It also highlights significant differences in driving speeds and journey distances across European countries.

ABAXCVDFleetSustainability
ABAX5 months ago
ABAX data shows European fleet emissions fell 3% in 2025
ABAX Q4 2025 Results: Growth in Offroad and Insurance

ABAX Q4 2025 Results: Growth in Offroad and Insurance

ABAX has reported continued Offroad and Insurance ARR growth, improved adjusted gross margin and adjusted EBITDA, and launched Site Operations and AI features, while fourth-quarter revenue and annual recurring revenue have declined year‑on‑year amid Swedish market weakness.

ABAXAIEarningsFleetFMSTSPsUBI
ABAX5 months ago
ABAX Q4 2025 Results: Growth in Offroad and Insurance
ABAX Site Operations selected for Executive Hire Show 2026

ABAX Site Operations selected for Executive Hire Show 2026

ABAX Site Operations has been selected among ten products for the Executive Hire Show 2026 Innovation Trail and has been scheduled for launch at the Coventry Building Society Arena, offering real-time asset visibility across indoor, outdoor and hybrid sites.

ABAXProduct launches
ABAX5 months ago
ABAX Site Operations selected for Executive Hire Show 2026
ABAX Group publishes presentation from DNB Carnegie summit

ABAX Group publishes presentation from DNB Carnegie summit

ABAX Group made its DNB Carnegie summit presentation public, outlining business, strategy and financial highlights; the CEO presented and the on‑demand stream is available via the company website.

ABAXAnnouncementsConferencesConnected services
ABAX6 months ago
ABAX Group publishes presentation from DNB Carnegie summit
Emma Dyga appointed CEO of ABAX

Emma Dyga appointed CEO of ABAX

ABAX appoints Emma Dyga as CEO from 1 October; outgoing CEO becomes vice-chair. Dyga joins from QNTM Group to lead growth of the telematics and mobility data business.

ABAXAppointments
ABAX7 months ago
Emma Dyga appointed CEO of ABAX
ABAX launches Smart Inventory for fleet tool tracking

ABAX launches Smart Inventory for fleet tool tracking

ABAX has introduced Smart Inventory, a telematics-based tool-tracking system that provides real-time inventory oversight across vehicles, delivering alerts for missing items to minimise downtime and asset loss.

ABAXConnected servicesCVDFleetFMSProduct launchesVan
ABAX7 months ago
ABAX launches Smart Inventory for fleet tool tracking
ABAX integrates with FleetCheck via API

ABAX integrates with FleetCheck via API

ABAX has integrated its telematics API with FleetCheck, enabling mileage readings to flow into FleetCheck's dashboard and joining FleetCheck's partner programme.

ABAXCVDFMSJVs
ABAX7 months ago
ABAX integrates with FleetCheck via API
ABAX and Connected Cars partner on fleet management and mobility data

ABAX and Connected Cars partner on fleet management and mobility data

ABAX and Connected Cars are forming a strategic partnership focused on fleet management, dealer solutions and mobility data. ABAX will take over fleet management in Denmark, while the companies plan shared data-driven services for automotive customers.

ABAXCVDFMSJVs
ABAX7 months ago
ABAX and Connected Cars partner on fleet management and mobility data
Tryg and ABAX announce strategic data collaboration

Tryg and ABAX announce strategic data collaboration

Tryg and ABAX have launched a strategic collaboration to develop data-driven insurance products using telematics and analytics to enhance customer safety, convenience and sustainability in the Nordic market.

ABAXJVs
ABAX7 months ago
Tryg and ABAX announce strategic data collaboration
ABAX partners with AVRO to serve recovery operators

ABAX partners with AVRO to serve recovery operators

ABAX has partnered with AVRO to provide members with telematics and asset-tracking services, offering enhanced visibility of vehicles, equipment and tools through its SaaS platform at a negotiated member rate.

ABAXAnnouncementsConnected servicesFleetJVsTSPs
ABAX7 months ago
ABAX partners with AVRO to serve recovery operators
ABAX launches next-generation software after NOK 11m

ABAX launches next-generation software after NOK 11m

ABAX invested NOK 11m and hired 25 developers to release a new software platform with an updated UI and architecture to improve maintainability and customer workflows.

ABAXInvestmentProduct launchesSoftware
ABAX7 months ago
ABAX launches next-generation software after NOK 11m
UK construction firms sharply increase plant and tool tracking

UK construction firms sharply increase plant and tool tracking

ABAX reports UK construction businesses recorded nearly 13 million hours of tracking across 11,245 plant and machinery units in 2021, a 278% increase year on year, highlighting rising telematics adoption to combat theft.

ABAXFleetTSPs
ABAX7 months ago
UK construction firms sharply increase plant and tool tracking
ABAX opens Netherlands office in Diemerhof

ABAX opens Netherlands office in Diemerhof

ABAX has opened a new office in Diemerhof, Netherlands, consolidating its Dutch and acquired RAM teams and positioning the firm for European expansion and product-vertical growth.

ABAXAnnouncementsTSPs
ABAX7 months ago
ABAX opens Netherlands office in Diemerhof
ABAX launches universal geofence for multi-asset tracking

ABAX launches universal geofence for multi-asset tracking

ABAX introduced a unified geofence that consolidates tracking of vehicles, equipment and tools across brands, providing real-time location, automated arrival/departure triggers and time-reporting to support operations and recovery.

ABAXConnected servicesFleetFMSLBSProduct launches
ABAX7 months ago
ABAX launches universal geofence for multi-asset tracking
ABAX appoints Sofia Toll as Chief Marketing Officer

ABAX appoints Sofia Toll as Chief Marketing Officer

ABAX has appointed Sofia Toll, formerly at AWS, as CMO to support growth, drive marketing-led transformation and strengthen its position in the European telematics market.

ABAXAppointments
ABAX7 months ago
ABAX appoints Sofia Toll as Chief Marketing Officer
ABAX recognised for telematics innovation

ABAX recognised for telematics innovation

ABAX received a Highly Commended award at the Great British Fleet Awards for a telematics-based, usage-linked insurance model developed with Zego, offering mileage and behaviour data to reduce fleet costs.

ABAXFleetTSPsUBI
ABAX7 months ago
ABAX recognised for telematics innovation
ABAX publishes 2021 sustainability report

ABAX publishes 2021 sustainability report

ABAX released its 2021 sustainability report outlining carbon‑neutral targets, planned inclusion of scope‑3 emissions, SaaS‑driven emissions reductions, circular procurement and social initiatives.

ABAXConnected servicesSustainabilityTSPs
ABAX7 months ago
ABAX publishes 2021 sustainability report
ABAX reports electric fleet and lower-emission telematics initiatives

ABAX reports electric fleet and lower-emission telematics initiatives

ABAX’s 2021 CSR update outlines plans for a fully electric employee fleet by 2023 and promotes its Smart Connect platform, which uses OEM-installed hardware to enable telematics without separate devices and reduce supply-chain emissions.

ABAXConnected servicesSustainability
ABAX7 months ago
ABAX reports electric fleet and lower-emission telematics initiatives
Zego and ABAX expand data-led fleet insurance in Europe

Zego and ABAX expand data-led fleet insurance in Europe

Zego and ABAX have extended their data-driven fleet insurance offering to the Netherlands and increased operations in France, pairing telematics with usage-based and flat-rate pricing to improve cost accuracy.

ABAXFleetJVsUBI
ABAX7 months ago
Zego and ABAX expand data-led fleet insurance in Europe
ABAX Migrates Hosting to Google Cloud

ABAX Migrates Hosting to Google Cloud

ABAX moved its hosting from an on‑premises Karlstad datacentre to Google Cloud on 1 January 2022, modernising software for containerised deployment to improve scalability, availability and global distribution.

ABAXSoftware
ABAX7 months ago
ABAX Migrates Hosting to Google Cloud
Volvo CE integrates with ABAX Smart Connect telematics

Volvo CE integrates with ABAX Smart Connect telematics

Volvo Construction Equipment is now compatible with ABAX Smart Connect, enabling fleet-level telematics, fuel and CO2 monitoring, and operational cost control for construction companies.

ABAXConnected servicesCVDFleetTSPs
ABAX7 months ago
Volvo CE integrates with ABAX Smart Connect telematics
REEN acquires Enevo Group to expand waste-management technology

REEN acquires Enevo Group to expand waste-management technology

REEN, a spin-off from ABAX Group, has acquired Enevo Group, combining cloud tools, sensors and dynamic route solutions to build a larger global waste-management technology provider.

ABAXM&A
ABAX7 months ago
REEN acquires Enevo Group to expand waste-management technology
ABAX achieves carbon neutrality ahead of schedule

ABAX achieves carbon neutrality ahead of schedule

ABAX reached carbon neutrality in 2020, two years early, after emission reductions, PAS 2060‑certified offsets, fleet electrification and packaging redesign to reduce supply‑chain emissions.

ABAXFleetSustainability
ABAX7 months ago
ABAX achieves carbon neutrality ahead of schedule
ABAX and Linkway integrate telematics for GPS sharing

ABAX and Linkway integrate telematics for GPS sharing

ABAX and Linkway have integrated systems, enabling carriers to share telematics and GPS positions via an open API, consolidating multi‑source vehicle data and extending service features.

ABAXConnected servicesCVDJVs
ABAX7 months ago
ABAX and Linkway integrate telematics for GPS sharing
ABAX acquires RAM Track-and-Trace, enters Belgium

ABAX acquires RAM Track-and-Trace, enters Belgium

ABAX acquired RAM track-and-trace, adding 29,000 subscriptions, entering Belgium and expanding its European telematics footprint; RAM customers gain access to ABAX's global IoT network of 350,000 subscriptions.

ABAXM&ATSPs
ABAX7 months ago
ABAX acquires RAM Track-and-Trace, enters Belgium
Greater Than listed in FinTech Global InsurTech 100

Greater Than listed in FinTech Global InsurTech 100

FinTech Global included Greater Than in its InsurTech 100; ABAX served as a case study for an AI-driven, data-based insurance product developed with Tryg using driver-risk scoring for personalised premiums.

ABAXAIPHYD
ABAX7 months ago
Greater Than listed in FinTech Global InsurTech 100
ABAX launches new IoT hardware range

ABAX launches new IoT hardware range

ABAX launched the ABAX6 hardware series for fleet and asset tracking, with GPS and BLE5 connectivity, extended battery and rechargeable options, and multiple device types including RFID.

ABAXConnectivityFleetHardwareProduct launches
ABAX7 months ago
ABAX launches new IoT hardware range
ABAX selects HERE as default map provider

ABAX selects HERE as default map provider

ABAX will adopt HERE Technologies for mapping, geocoding, routing, speed‑limit data and route matching across its SaaS services, with HERE as the default map for new customers.

ABAXMappingJVs
ABAX7 months ago
ABAX selects HERE as default map provider
Onix Work integrates ABAX platform for asset tracking

Onix Work integrates ABAX platform for asset tracking

Onix Work and ABAX have integrated platforms to consolidate asset tracking, aiming to streamline data flow, reduce manual transfer and extend ABAX's reach into offshore and lifting sectors.

ABAXJVsTSPs
ABAX7 months ago
Onix Work integrates ABAX platform for asset tracking
ABAX acquires Movolytics to expand UK operations

ABAX acquires Movolytics to expand UK operations

ABAX has acquired Cambridge-based Movolytics, its first acquisition in three years, expected to increase the company's UK revenue by around 50 per cent and broaden its fleet management offerings.

ABAXFleetFMSM&ATSPs
ABAX7 months ago
ABAX acquires Movolytics to expand UK operations
ABAX UK appoints Commercial Director

ABAX UK appoints Commercial Director

ABAX has appointed Joe Medina-Browne as Commercial Director for ABAX UK; he will lead UK operations, succeeding an interim director, as the business integrates its recent Movolytics acquisition.

ABAXAppointmentsTSPs
ABAX7 months ago
ABAX UK appoints Commercial Director
ABAX appoints Wan Luo as chief technology officer

ABAX appoints Wan Luo as chief technology officer

ABAX appointed Wan Luo as chief technology officer, effective immediately. Luo, previously head of engineering, will lead technology development to advance ABAX’s smart mobility and data-insight offerings.

ABAXAppointments
ABAX7 months ago
ABAX appoints Wan Luo as chief technology officer
ABAX appoints Chief People and Organisation Officer

ABAX appoints Chief People and Organisation Officer

ABAX has appointed Silje Berntsen Bogen as Chief People and Organisation Officer to support organisational transformation towards smart mobility; role effective immediately.

ABAXAppointmentsTSPs
ABAX7 months ago
ABAX appoints Chief People and Organisation Officer
ABAX launches data-driven commercial car insurance in Norway

ABAX launches data-driven commercial car insurance in Norway

ABAX launches Fair, a data-driven commercial car insurance in Norway offering usage-based premiums to ABAX customers via telematics, supported by predictive risk partner Greater Than and insurer Eir.

ABAXPHYDProduct launches
ABAX7 months ago
ABAX launches data-driven commercial car insurance in Norway
ABAX appoints Tom Kocken as M&A Director

ABAX appoints Tom Kocken as M&A Director

ABAX has appointed Tom Kocken as Director of Mergers and Acquisitions, effective 1 March, to lead acquisition activity aimed at expanding its telematics and smart mobility offerings.

ABAXAppointments
ABAX7 months ago
ABAX appoints Tom Kocken as M&A Director
ABAX UK tracking aided recovery of stolen plant in Lancashire

ABAX UK tracking aided recovery of stolen plant in Lancashire

ABAX UK tracking enabled police to recover two stolen machines worth over £17,000 in Lancashire after trackers continued transmitting despite attempted disconnection.

ABAXConnected servicesTSPs
ABAX7 months ago
ABAX UK tracking aided recovery of stolen plant in Lancashire
Thurlow Nunn Distrigo adopts ABAX Locator to reduce losses

Thurlow Nunn Distrigo adopts ABAX Locator to reduce losses

Thurlow Nunn Distrigo deployed ABAX Locator trackers on roll cages and vans, improving asset visibility, reducing cage replacement costs and delivery delays, and enhancing operational efficiency across its 20‑van fleet.

ABAXFleetFMS
ABAX7 months ago
Thurlow Nunn Distrigo adopts ABAX Locator to reduce losses
ABAX acquires Fleet360 to expand fleet management

ABAX acquires Fleet360 to expand fleet management

ABAX completed acquisition of Fleet360, integrating fleet-administration tools into its platform to broaden enterprise capabilities, enhance analytics and operational efficiency, and target larger fleet customers across Europe.

ABAXFleetFMSM&A
ABAX7 months ago
ABAX acquires Fleet360 to expand fleet management
ABAX disputes Greater Than's IP infringement claims

ABAX disputes Greater Than's IP infringement claims

ABAX rejects Greater Than's allegation of contractual intellectual property infringement and notes related litigation; the company declines further comment while legal proceedings continue.

ABAXTSPs
ABAX7 months ago
ABAX disputes Greater Than's IP infringement claims
ABAX confirms early redemption of outstanding bonds

ABAX confirms early redemption of outstanding bonds

ABAX confirms that financing conditions for its SEK 900 million senior secured bond issue have been met, making the full redemption of its outstanding 2020/2025 bonds unconditional. The redemption is scheduled for 5 February 2025.

ABAXInvestment
ABAX7 months ago
ABAX confirms early redemption of outstanding bonds
ABAX selects OCTO for UBI risk scoring

ABAX selects OCTO for UBI risk scoring

ABAX’s insurance arm Fair appointed OCTO after a six-month RFP to provide AI-based risk scoring for Usage-Based Insurance, aiming to improve risk assessment accuracy and pricing efficiency.

ABAXAIJVsUBI
ABAX7 months ago
ABAX selects OCTO for UBI risk scoring

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