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Modera
Modera (MODE) investor relations material
Modera H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary1 Sep, 2026
Executive summary
MRR (monthly recurring revenue) grew 14% year-over-year, reflecting a shift to a more predictable, recurring revenue base.
Total revenue for H1 2026 declined 10% compared to H1 2025 due to a decrease in one-time project revenues as major implementations reached completion and some projects were delayed or canceled.
The company posted a net loss of €193,771 for H1 2026, compared to a profit of €112,840 in H1 2025.
Cost base was reduced after the reporting date to align operating expenses with recurring revenue and minimal project volume.
Consolidation of Ukrainian subsidiary results began, with no material impact on profit.
Financial highlights
H1 2026 revenue: €1,187,492, down from €1,341,318 in H1 2025 (-10%).
EBITDA for H1 2026: €467,087, down 34% year-over-year.
Operating loss (EBIT): -€112,766 in H1 2026 vs. €195,747 profit in H1 2025.
Cash at period end: €419,895, up from €362,684 at 2025 year-end.
Capitalized development costs: €727,595 in H1 2026.
Outlook and guidance
Full-year 2026 revenue guidance revised down to €2.68 million from €3.99 million due to project delays and cancellations.
EBITDA guidance for 2026 reduced to €1.28 million from €2.72 million.
MRR expected to be 40% higher in December 2026 versus December 2025, supporting future revenue growth.
Revenue structure shifting toward a higher share of recurring revenues.
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Latest events from Modera
- Revenue up 40% and net profit positive; strong international expansion and EBITDA growth.MODE
H2 2025 - Record SaaS revenue and profitability achieved, driven by international expansion and innovation.MODEH1 2025
- MRR up 72% year-over-year; SaaS growth offsets revenue dip, Nordic expansion ahead.MODEH1 2024
- Recurring revenue up 60%, but net loss widened as total revenue fell 4% in 2024.MODEH2 2024
Next Modera earnings date
H2 202630 Mar, 2027
Modera
Next Modera earnings date
H2 202630 Mar, 2027
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