Witted Megacorp
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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.
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Q3 2026 earnings summary21 Oct, 2026

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.

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Frequently asked questions

Witted Megacorp is a Finnish technology company specializing in software development and digital transformation services. The company provides consulting, design, and implementation solutions, helping organizations build and maintain software systems across sectors such as healthcare, telecommunications, and finance. Witted Megacorp supports clients in areas including cloud computing, agile development, and data-driven technologies, emphasizing scalable and efficient digital solutions. The company works with a range of clients, from large enterprises to startups, to foster innovation and enhance operational effectiveness. The company is headquartered in Helsinki, Finland, and its shares are listed on the Helsinki Stock Exchange.