Dominion Hosting Holding (DHH) Q1 2026 earnings summary

Executive summary

• Achieved 14% year-over-year revenue growth in Q1 2026, reaching €11 million.

• AI infrastructure services revenue grew over 100% year-over-year, with strong month-on-month demand.

• Continued M&A activity with the acquisition of BLS and a binding offer for Perimeter B.1 of Tessellis Group.

• Recurring revenues remained high at approximately 92%.

Financial highlights

• Consolidated revenues rose to €11 million from €9.6 million year-over-year.

• EBITDA was €3.3 million, flat compared to the prior-year period.

• Net profit was €1.0 million, down from €1.2 million, mainly due to financial charges from the Teknonet acquisition.

• Operating cash flow reached €3.8 million, with a cash conversion rate of 114%.

• Net financial position improved to €1.5 million net cash, up 17% from December 2025.

Outlook and guidance

• AI infrastructure services market seen as an early-stage, significant long-term opportunity.

• M&A strategy to accelerate external growth and consolidate position in the Italian B2B cloud and telecom market.