Netum Group
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Netum Group (NETUM) investor relations material

Netum Group Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary3 Nov, 2026

Executive summary

  • Q3 revenue fell 11.1% YoY to €6.7m, but results improved from H1; comparable EBITA was €0.1m, or 1.0% of revenue.

  • New contract wins so far in 2026 were nearly double the full-year 2025 total, but converting them fully into revenue remains important to future growth.

Financial highlights

  • Q3 revenue was €6.670m, down 11.1% YoY; EBITDA was €178k, EBITA and operating profit were €64k, and net loss was €116k.

  • Q3 comparable EBITA was €66k, or 1.0% of revenue, versus €135k, or 1.8%, a year earlier.

  • 9M revenue was €22.624m, down 21.7%; EBITDA was €44k, EBITA and operating loss were €318k, and net loss was €770k.

  • 9M comparable EBITA was -€113k, or -0.5% of revenue, versus €1.796m, or 6.2%, in 9M 2025.

  • 9M basic and diluted EPS were both -€0.06, versus €0.06 in 9M 2025; period-end employees were 308 versus 346.

Outlook and guidance

  • Revised 2026 guidance: revenue expected to decrease clearly from 2025's €37.8m and comparable EBITA expected to be negative; revenue guidance was unchanged on 24 September.

  • New 2027–2029 targets: average annual organic growth of ~10%, EBITA margin of at least 10% by period-end, and international revenue at 10% of total revenue.

  • Targets are medium-term objectives, not forecasts or guidance for an individual financial year.

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Frequently asked questions

Netum Group Oyj is a Finnish information technology services company that specializes in digital transformation. It offers services such as customer-specific application development, system continuity, integration, cyber security, and information management consulting. The company’s "Legacy to Digi" approach focuses on integrating traditional IT solutions with modern digital technologies in a safe and responsible manner. Additionally, Netum provides software-as-a-service (SaaS) offerings, including the Truugo message validation platform and Netum DUX for IT asset management. The company is headquartered in Tampere, Finland, and its shares are listed on the Nasdaq Helsinki.