Agillic (AGILC) Q3 2025 earnings summary

Executive summary

• Achieved total revenue of DKK 44.3M in Q3 2025, with ARR subscriptions at DKK 56.0M and EBITDA at DKK 5.5M, reflecting continued growth in core SaaS metrics.

• Achieved 7% year-over-year growth in ARR from subscriptions, driven by new client inflow and reduced churn.

• EBITDA year-to-date reached DKK 5.5M, up DKK 3.7M YoY, with a margin of 12.4%.

• Strengthened sales organization and accelerated product development, focusing on client-centric features and faster releases.

• Strategic focus on the Nordics and fewer verticals, along with a new sales organization, resulted in doubled new sales and a significant reduction in churn.

Financial highlights

• Total revenue for Q3 2025 reached DKK 44.3M, stable compared to Q3 2024, but flat YTD with a 7% decline in Q3 YoY.

• ARR subscriptions increased to DKK 56.0M in Q3 2025, up from DKK 52.4M in Q3 2024, with 7% YoY growth.

• EBITDA improved to DKK 5.5M in Q3 2025, compared to DKK 3.5M in Q3 2024, with a 12.4% margin YTD.

• Subscription revenue increased 4% YoY to DKK 12.6M in Q3 and 3% YTD to DKK 38.2M, while transaction revenue declined 18% YTD and 56% in Q3 YoY.

• Gross margin improved to 85% in Q3 and 82% YTD.

Outlook and guidance

• 2025 guidance remains unchanged: revenue expected at DKK 60–63M, ARR subscriptions at DKK 56–60M, and EBITDA at DKK 5–8M.

• ARR from subscriptions expected to further increase due to a strong pipeline and go-to-market efforts.

• Strategic ambitions include double-digit percentage growth in ARR subscriptions and maintaining positive cash flow from operations.