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Witted Megacorp (WITTED) investor relations material
Witted Megacorp Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was €11,753k versus €11,301k a year earlier; adjusted EBITA rose to €495k from €13k, with both Finland and international operations profitable.
9M revenue was €40,937k versus €38,265k, and adjusted EBITA reached €1,654k versus €479k; organic growth was 1.5%.
Financial highlights
Q3 gross profit was €4.3m, or 36.4% of revenue, versus €3.8m and 33.2%; direct customer work and Software Sauna's higher margin supported the improvement.
Q3 EBITDA was €0.5m versus a €0.2m loss; operating income was €0.2m versus a €0.4m loss, and net income was €14k versus a €390k loss.
9M EBITA was €1,506k versus €26k; net income was €177k versus a €829k loss.
Q3 personnel costs fell 3.0% to €3.2m and other operating expenses fell 4.2% to €0.6m, supported by lower non-billable headcount and cost savings.
Outlook and guidance
FY 2026 revenue is expected to grow YoY and adjusted EBITA to increase, assuming steadier industry demand, the Software Sauna acquisition and implemented cost savings.
2025–2027 strategy target: combined annual organic growth and adjusted EBITA margin of 20% by the end of the strategy period.
- H1 2026 saw higher revenue, improved margins, and strong international and AI-driven growth.WITTED
Q2 2026 - Revenue up 9.4% to €14.9M and adjusted EBITA margin more than tripled to 4.4%.WITTED
Q1 2026 - 2025 revenue fell 1.5% but Q4 growth and acquisitions support an improving 2026 outlook.WITTED
Q4 2025 - Q3 2025 revenue dipped 0.7% YoY, but order intake jumped 67% and market outlook is improving.WITTED
Q3 2025 - Revenue declined 5.6% to €27.0M, but expert headcount and June revenue grew.WITTED
Q2 2025 - Profitability improved and sales hit a two-year high despite a 16.4% revenue decline.WITTED
Q3 2024 - Profitability improved despite a 17% revenue drop, driven by cost savings and margin focus.WITTED
Q2 2024 - Sequential revenue growth and robust new project sales mark a positive shift.WITTED
Q1 2025 - Profitability turnaround achieved in 2024 despite revenue decline and market challenges.WITTED
Q4 2024
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