Acroud (ACROUD) Q2 2026 earnings summary

Executive summary

• Revenue grew 9% year-over-year to EUR 11,959 thousand in Q2 2026, with organic revenue growth at 9.5%.

• Adjusted EBITDA decreased 15% year-over-year to EUR 1,331 thousand but increased 7% sequentially from Q1 2026.

• Net loss after tax was EUR -80 thousand, with adjusted loss after tax at EUR -225 thousand.

• New Depositing Customers (NDCs) rose 38% year-over-year to 67,558.

• The company completed the final principal repayment on all interest-bearing debt outside the bond structure, improving financial flexibility.

Financial highlights

• Revenue: EUR 11,959 thousand (Q2 2026), up 9% year-over-year.

• Adjusted EBITDA: EUR 1,331 thousand, down 15% year-over-year, up 7% quarter-on-quarter.

• EBITDA margin: 11% (down from 14% in Q2 2025).

• Net loss after tax: EUR -80 thousand (vs. EUR 218 thousand profit in Q2 2025).

• Cash flow from operating activities: EUR 234 thousand (vs. EUR 1,053 thousand in Q2 2025).

Outlook and guidance

• New financial targets for 2026–2028: compound annual adjusted EBITDA growth of 12% and net debt/adjusted EBITDA below 1.25x by end of 2028.

• Focus on sustained earnings growth, continued deleveraging, and capital structure optimization over dividends.