BrightBid Group (BRIGHT) Q4 2025 earnings summary

Executive summary

• Focused on executing a new growth strategy, resulting in a growing customer pipeline and improved EBITDA margin.

• Laid a foundation for the next phase of expansion through product innovation and organizational efficiency.

• Increased emphasis on customers with higher business potential and international expansion of self-service and managed service offerings.

Financial highlights

• Q4 2025 net revenue was 8,693 tkr, down 42% year-over-year due to lower recurring revenues.

• Annual Recurring Revenue (ARR) for Q4 was 28,013 tkr, a 39% decrease year-over-year.

• EBITDA for Q4 improved to -14 tkr from -4,491 tkr in Q4 2024, driven by cost synergies and savings.

• Earnings per share for Q4 was -0.69 kr, compared to -0.27 kr in Q4 2024.

• Cash flow from operating activities improved by 45% to -4,651 tkr in Q4 2025.

• Cash and cash equivalents at period end were 2,788 tkr, down from 19,814 tkr a year earlier.

Outlook and guidance

• New growth strategy aims to improve profitability by opening new markets and streamlining customer acquisition.

• Product innovation, including a redesigned platform interface, is expected to support expansion of the self-service customer base.

• Organization strengthened with new expertise to support long-term ambitions.