Delticom (DEX) Q1 2026 earnings summary

Executive summary

• Q1 2026 focused on profitability amid challenging economic conditions, with consolidated net income steady at €-1.2 million year-over-year.

• Revenues declined to €99 million from €105 million compared to Q1 2025.

• Operating EBITDA reached €1.1 million, down from €1.6 million in Q1 2025.

Financial highlights

• Gross merchandise volume (GMV) was €121 million, a 5.9% decrease year-over-year.

• Gross margin dropped to 22.2% from 27.5% in Q1 2025.

• EBITDA margin fell to 1.0% from 1.4% year-over-year.

• Earnings per share remained at €-0.08.

• Total assets decreased to €242 million from €258 million.

Outlook and guidance

• Full-year 2026 guidance confirmed: group revenues targeted at €480–520 million.

• Operating EBITDA for 2026 expected in the range of €19–24 million, depending on revenue.