Digitalist Group (DIGIGR) investor relations material

Executive summary

• Turnover for 2025 increased by 2.3% year-over-year to EUR 16.5 million, with gradual improvement in profitability and operational discipline despite challenging Nordic market conditions.

• EBITDA improved to EUR -1.0 million from EUR -1.5 million, and EBIT to EUR -1.6 million from EUR -2.0 million, reflecting the impact of cost-saving measures.

• Net income loss narrowed to EUR -4.6 million from EUR -5.0 million, and earnings per share improved to EUR -1.67 from EUR -1.72.

• The company focused on execution, cost control, and building out its AI offering, with the secure AI platform Stacken moving to broader client engagements.

• Headcount reduced to 118 at year-end, aligning capacity with demand while maintaining core competencies.

Financial highlights

• Q4 turnover declined 11.9% year-over-year to EUR 4.1 million due to weak December and contraction in Swedish business.

• Full-year EBITDA was EUR -1.0 million (-6.3% of turnover), EBIT EUR -1.6 million (-9.5% of turnover), and net income EUR -4.6 million (-27.6% of turnover).

• Cash flow from operations was EUR -2.1 million, down from EUR -1.4 million in 2024.

• Operating expenses decreased by EUR 0.1 million year-over-year.

• Shareholders' equity was EUR -41.8 million, with an equity ratio of -410.0%.

Outlook and guidance

• Turnover and EBITDA are expected to improve in 2026 compared to 2025.

• Priorities include disciplined operations, sharper positioning, and continued development of scalable AI-driven services.