)

Admicom (ADMCM) investor relations material
Admicom Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Annual recurring revenue (ARR) rose 7.8% year-over-year to €36.7 million, with recurring revenue comprising 97% of total revenue.
Adjusted EBITDA increased to €3.7 million (39.6% margin), with strong operating cash flow of €2.5 million.
Over 70 new customers acquired, with competitive wins, though average deal size declined and churn remained elevated due to insolvencies.
Strategic investments largely completed, with focus shifting to profitability, operational efficiency, and international expansion.
Leadership changes included a new CEO and CSO, and organizational restructuring to enhance operational speed.
Financial highlights
Q3 2025 revenue: €9.3M (+7.0% YoY); recurring revenue: €9.0M (+8.7% YoY); ARR: €36.7M (+7.8% YoY).
Adjusted EBITDA margin was 39.6%, slightly down from 41.4% in Q3 2024; adjusted EBIT margin was 27.0%.
Profit for the period was €1.88 million, down 1.6% year-over-year; EPS was €0.37, a 2.2% decrease.
Operating cash flow grew by over 20% year-over-year; cash and equivalents at period end: €7.3M.
Equity ratio at 84.3%; net gearing at -21.2%.
Outlook and guidance
2025 ARR growth guidance revised to 6–10% (from 8–14%); revenue growth to 5–8% (from 6–11%).
Adjusted EBITDA margin expected at 31–33% of revenue.
No M&A impact expected in end-of-year numbers; guidance is fully organic.
Market recovery in Finland is slower than anticipated, impacting topline growth and customer revenue.
Churn is expected to remain elevated, and annual adjustment fees are projected to decline.
Next Admicom earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage