Fodelia (FODELIA) Q1 2026 earnings summary

Executive summary

• Revenue grew by 9.1% year-over-year to €14.7 million in Q1 2026, with improved profitability compared to Q1 2025 and the prior year.

• Growth was primarily driven by strong performance in the Feelia segment, while Oikia's revenue declined.

• Organizational focus has shifted to core businesses, with ongoing IT, AI, and sustainability initiatives.

• Full-year profitability is expected to improve significantly due to efficiency measures and core business investments.

Financial highlights

• EBITA increased 15.9% year-over-year to €0.9 million (5.9% of revenue), and operating profit rose 17.3% to €0.8 million (5.5% of revenue).

• Net result for the period was €0.5 million, up 10.4% year-over-year.

• Earnings per share remained stable at €0.06.

• Cash position increased by €0.9 million due to strong operating cash flow.

• Equity ratio at 53.1%, net gearing at 22.8%.

Outlook and guidance

• 2026 revenue is projected at €59–65 million, with significant improvement in operating profit expected.

• Long-term targets include 15–20% annual revenue growth and a >10% operating margin by 2028.