Netum Group (NETUM) investor relations material

Executive summary

• Revenue for 2025 was €37.8 million, down 14% year-over-year, supported by efficiency measures and cost reductions.

• Comparable EBITA was €2.1 million (5.5% of revenue), reflecting defensive actions amid market headwinds.

• Operating profit was €1.5 million (4.1% of revenue), down from €4.1 million (9.3%).

• Major organizational changes included management restructuring, layoffs, and operational simplification.

• The company transitioned to IFRS reporting, enhancing comparability for shareholders.

Financial highlights

• Q4 2025 revenue was €8.9 million, a 22.4% decrease year-over-year.

• Full-year EBITDA was €2.2 million (5.8% margin), down from €4.8 million (10.9%).

• Net result for the period was €0.9 million (2.3% margin), compared to €2.4 million (5.5%).

• Earnings per share dropped to €0.07 from €0.19.

• Cash flow from operating activities was €2.8 million, down from €5.4 million.

Outlook and guidance

• 2026 revenue expected to decline further due to the completion of three major projects.

• Comparable EBITA margin anticipated to remain at 2025 level (5.5%).

• Market shows slight improvement, but price competition may continue to pressure margins.