Agillic (AGILC) Q4 2025 earnings summary

Executive summary

• Achieved total revenue of DKK 58.4m for 2025, slightly below guidance of DKK 60-63m.

• ARR subscriptions reached DKK 56.7m, within the guided range of DKK 56-60m.

• EBITDA for 2025 was DKK 8.4m, at the upper end of the DKK 5-8m guidance.

• Transformation in 2025 focused on stronger sales, faster product releases, and building partnerships.

Financial highlights

• ARR subscriptions grew to DKK 56.7m in 2025, up from DKK 54.9m in Q4 2024.

• EBITDA increased to DKK 8.4m in 2025 from DKK 1.0m in 2024.

• Recurring revenue ratio rose to 87.5% in 2025, up from 83.1% in 2024.

• Free cash flow improved to DKK 4.9m in 2025 from DKK 4.7m in 2024.

Outlook and guidance

• 2026 guidance targets 5-10% growth in ARR subscriptions, compared to 5% realised in 2025.

• EBITDA margin expected at 12-18% for 2026, versus 15% in 2025.

• Positive free cash flow projected for 2026.