Claranova (CLA) Q1 25/26 TU earnings summary

Executive summary

• Q1 2025-2026 revenue reached €24m, reflecting a strategic focus on core SaaS software activities and tighter marketing investment control.

• Disposal of non-core US businesses completed, transforming the group into a pure play SaaS software publisher in Utilities & Security, PDF, and Photo segments.

• Transition to a calendar fiscal year proposed to align with market practices and improve financial communication.

Financial highlights

• Q1 2025-2026 total revenue was €24m, down 7% at constant scope and exchange rates, and down 12% at actual exchange rates compared to the same quarter last year.

• Core SaaS businesses generated €22m, down 5% at constant exchange rates and 10% at actual exchange rates year-over-year.

• Non-core and discontinued operations contributed €1.6m, a 28% decrease year-over-year.

Outlook and guidance

• Continued focus on streamlining operating expenses and ramping up targeted marketing investments to drive sustainable, profitable growth.

• Expectation of higher sales starting in H1 2025-2026 as marketing investments are progressively increased.