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FamiCord (V3V) investor relations material
FamiCord Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue remained stable at EUR 43.2 million in H1 2026, a 0.9% year-over-year decline, despite subdued demand and macroeconomic headwinds.
EBITDA for H1 2026 was EUR 4.3 million, down 13.8% year-over-year, but Q2 showed margin stabilization.
Operating cash flow improved significantly to EUR 3.4 million, driven by working capital improvements and contract mix.
The business model shifted further toward recurring subscription revenue, increasing resilience and predictability.
Net result for H1 2026 was a loss of EUR -1.3 million, with EPS at EUR -0.08, reflecting higher costs and weaker financial results.
Financial highlights
Sales revenue: EUR 43.2 million in H1 2026 (down 0.9% year-over-year).
EBITDA: EUR 4.3 million (down 13.8% year-over-year); EBITDA margin 9.9% (down from 11.4%).
Gross profit: EUR 25.0 million (down from EUR 27.0 million year-over-year).
Net income: EUR -1.3 million (down from EUR -0.1 million in H1 2025); EPS EUR -0.08.
Cash and cash equivalents: EUR 12.4 million as of June 30, 2026, up 4.8% since year-end 2025.
Outlook and guidance
Full-year 2026 revenue expected between EUR 80–90 million; EBITDA guidance EUR 9–11 million.
Weak economic environment anticipated to persist, with no signs of quick recovery.
Management anticipates further agreements in CDMO and explores growth in adjacent areas.
Cost control and liquidity management remain priorities.
- Revenue and EBITDA declined, but recurring revenues and cash flow showed resilience.V3V
Q1 2026 - Revenue and EBITDA rose, but net income and cash flow declined amid rising uncertainties.V3V
Q4 2025 - Revenue and EBITDA rose, recurring contracts increased, and 2025 outlook is confirmed.V3V
Q3 2025 - 2024 revenue guidance set at €85–95M, with strong growth and new product rollouts in key markets.V3V
Status Update - Eastern Europe and acquisitions drive strong revenue and EBITDA growth, with focus on core business.V3V
Q2 2025 - EBITDA surged 77.5% to €6.4M, with revenue up 6.3% and guidance reaffirmed.V3V
Q3 2024 - Revenue and EBITDA rose sharply, with robust renewals and a new CAR-T license agreement.V3V
Q2 2024 - Revenue up 6.6%, EBITDA up 58%, but net loss widened on goodwill impairments; growth outlook positive.V3V
Q4 2024 - Strong revenue and EBITDA growth offset by currency and inflation headwinds; guidance reaffirmed.V3V
Q1 2025
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