Konsolidator (KONSOL) investor relations material

Executive summary

• Expanded product suite from a single consolidation tool to four offerings, including FP&A, data warehouse, and reporting platform, enabling access to larger customer segments.

• Strategy centers on resilient growth, focusing on partner expansion, product development, and operational efficiency.

• Emphasis on reliable data delivery and maintaining strong SaaS metrics, with profitability and positive cash flow targeted for 2026.

Financial highlights

• Revenue for 2025 increased by 25% year-over-year, reaching DKK 13 million in H2 2025, with subscription and onboarding consultancy fees both rising.

• EBITDA improved significantly, with a DKK 500,000 profit in H2 2025 and a full-year EBITDA loss reduced from DKK 9.3 million in 2024 to DKK 2 million in 2025.

• Operating cash flow improved by DKK 8 million year-over-year, now at a negative DKK 1 million for 2025.

• Net loss for 2025 was DKK 6.6 million, an improvement of DKK 8.2 million compared to 2024.

• Two capital increases during the year totaling DKK 4.8 million.

Outlook and guidance

• ARR for 2026 guided at DKK 27–29 million, representing 10–20% growth.

• Revenue guidance for 2026 matches ARR, with expectations of positive EBITDA and continued profitability.

• Churn expected to decrease to 6–9% in 2026, with a long-term target of 5–6%.

• No plans for further shareholder dilution in 2026, contingent on successful loan renegotiation.