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Nexcom (NEXCOM) investor relations material
Nexcom Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue declined to MDKK 7.7 in 2025 from MDKK 9.9 in 2024 due to client churn and delays in new contracts and deployments.
EBITDA decreased to MDKK -9.0 from MDKK -5.6 year-over-year, reflecting lower revenue and higher staff costs.
Two new customer agreements were secured with a total annual contract value of MDKK 3.5.
Leadership team strengthened with new COO and Chief Data & AI Officer appointments.
Debt of MDKK 4.3 was converted into equity, improving the capital structure.
Financial highlights
Group revenue: MDKK 7.7 in 2025 (2024: MDKK 9.9).
EBITDA: MDKK -9.0 in 2025 (2024: MDKK -5.6).
Net loss: MDKK -16.6 in 2025 (2024: MDKK -16.6).
Staff costs increased to MDKK 11.3 from MDKK 9.2 year-over-year.
Cash and cash equivalents at year-end: MDKK 0.1.
Outlook and guidance
Revenue for 2026 expected between MDKK 10.0 and MDKK 12.0.
EBITDA for 2026 forecasted between MDKK -4.0 and MDKK -2.0.
Management targets EBITDA profitability by Q4 2026.
Cost savings program initiated, with MDKK 2 in savings expected to impact 2026.
Recurring revenue base to increase by approx. MDKK 3.0 annually from new agreements.
- Revenue up 9% year-over-year, but EBITDA and equity remain negative after capital increase.NEXCOM
Q3 202529 Oct 2025 - 2024 saw lower revenue and a net loss, but 2025 targets growth and positive EBITDA.NEXCOM
Q4 202421 Oct 2025 - Revenue up 26% in H1 2025, but losses deepened and equity turned negative.NEXCOM
Q2 202521 Aug 2025 - 2024 revenue outlook cut sharply after contract delay; equity to be restored via debt conversion.NEXCOM
Q3 202413 Jun 2025 - Revenue up 4% and cost controls improved EBITDA loss; new contracts to boost H2 results.NEXCOM
Q2 202413 Jun 2025 - 29% revenue growth in Q1 2025, but losses increased amid investment in scalability.NEXCOM
Q1 20256 Jun 2025
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