Reaktor Group (REAKTOR) investor relations material

Executive summary

• Q2 2026 marked a historic period with a successful IPO on Nasdaq Helsinki, bringing in new shareholders and marking a significant milestone.

• All business areas—technology solutions, software products, and the Ecosystem venture business—showed positive development and international expansion.

• Revenue grew organically by 21.1% year-over-year to EUR 71.3 million in H1 2026, with strong growth in both technology solutions and software product businesses.

• Expansion in venture business included new company formations and an ecosystem hub in Amsterdam.

Financial highlights

• H1 2026 revenue was EUR 71.3 million (+21.1% year-over-year); Q2 revenue was EUR 32.3 million (+11.4%).

• Adjusted EBITDA for H1 was EUR 14.7 million (20.6% margin), up 183.1%; adjusted EBIT was EUR 12.7 million (17.8% margin).

• Reported EBITDA and EBIT were negative due to a EUR 25.1 million non-cash expense related to employee share revaluation at IPO.

• Operating cash flow improved to EUR 10.5 million in H1 and EUR 2.7 million in Q2.

• Equity ratio increased to 55.6% from 3.5% year-over-year, reflecting listing proceeds and reclassification of employee share liabilities.

Outlook and guidance

• Medium-term targets: 8–12% annual organic revenue growth for technology solutions; software product business revenue target of EUR 60–90 million by 2030.

• Adjusted EBIT margin target: 10–12% for technology solutions; EUR 30–45 million annual adjusted EBIT for software products by 2030.

• Dividend policy targets a payout ratio of 20–40% of annual profit.

• Management expects continued revenue growth in 2026, with software product business ramping up.