Agillic (AGILC) Q1 2026 earnings summary

Executive summary

• Achieved strong Q1 results with EBITDA of DKK 2.5 million, up 213% YoY, and ARR from subscriptions up 6% YoY to DKK 57.5 million, driven by new client inflow and reduced churn.

• Cash flow from operations increased to DKK 4.5 million, up DKK 2.6 million YoY, reflecting improved operational results and optimized working capital.

Financial highlights

• Subscription revenue rose 4% YoY to DKK 13.1 million, while total revenue declined 3% YoY due to a 51% drop in transaction revenue.

• Gross profit increased 2% YoY to DKK 12.2 million, with gross margin improving to 86% from 82% YoY.

• EBITDA margin reached 17.6%, up from 5.4% YoY, reflecting cost reductions and structural changes.

• Net profit improved to a loss of DKK -1.3 million from DKK -3.0 million YoY.

• Cash position at quarter-end was DKK 2.7 million, down from DKK 5.2 million YoY.

Outlook and guidance

• Guidance for 2026 remains unchanged: 5-10% growth in ARR subscriptions, 12-18% EBITDA margin, and positive free cash flow for the year.

• Full-year ARR growth expected to accelerate due to a strong pipeline and go-to-market initiatives.