Investor relations

Why invest

Positioned to capture the ever-growing demand for bandwidth

The ever-growing demand for bandwidth — driven by data growth, cloud computing and the rise of AI applications — is fueling unprecedented need for optical connectivity. As data centers become larger, more distributed and increasingly interconnected, optical transport networks are becoming a critical part of the global digital infrastructure.

Smartoptics is uniquely positioned to benefit from this structural trend through open optical networking solutions designed for high-capacity, software-driven networks.

Addressing a significantly larger market

Historically, Smartoptics primarily addressed the metro optical networking market.

Today, following several years of targeted product investments, the company is expanding into long-haul optical networking, higher-capacity transport, network interconnect and software-driven automation.

This expands the addressable market from approximately USD 5 billion today to approximately USD 11.5 billion, with industry forecasts indicating growth towards USD 14 billion by 2029.

Proven ability to outperform the market

Smartoptics has consistently delivered growth well above the underlying optical networking market.

The company continues to gain market share through:

• Strong customer relationships
• Expanding large account business
• Increasing exposure to hyperscale and cloud infrastructure
• Technology leadership within open optical networking

A scalable business model

The company combines hardware, software and services in a highly scalable operating model.

As revenue grows, Smartoptics expects profitability to improve through:

• Increased software and automation revenue
• Operational leverage
• Continued product mix improvements

The ambition is an EBIT margin above 16%, with additional upside as scale increases.

Open networking is changing the industry

Network operators, cloud providers and enterprises increasingly prefer open and disaggregated networking architectures over proprietary vendor ecosystems.

Smartoptics is one of the technology leaders in this transition, offering:

• Vendor-independent solutions
• Lower total cost of ownership
• Simplified network operations
• Interoperability across multi-vendor environments

This trend is expected to continue accelerating as the demand for bandwidth and digital infrastructure keeps growing globally.

Clear strategy with ambitious financial targets

Smartoptics has entered its next growth phase with a clear three-step roadmap:

Invest

Building products for next-generation optical networking, longer reach and higher capacity.

Scale

Expanding through larger customers while improving operational efficiency.

Lead

Growing recurring software revenue and automation capabilities to strengthen customer relationships and long-term profitability.

The company's financial ambitions include:

• Revenue potential of USD 300–400+ million
• More than 25% annual growth from 2026
• EBIT margin above 16%

supported by continued market share gains in a rapidly expanding market.