Growens (GROW) Q4 2025 TU earnings summary

Executive summary

• SaaS Annual Recurring Revenue (ARR) reached €15.4M as of December 2025, up 2% year-over-year, or 11.2% at constant USD/EUR exchange rates.

• CPaaS gross sales for Q4 2025 were €18.7M, a 19.5% increase compared to Q4 2024.

• Full-year 2025 preliminary CPaaS sales totaled €61.7M, up 2.6% over FY 2024.

Financial highlights

• SaaS business line (Beefree) ARR in December 2025 was €15.4M (or $17.8M), up from €15.1M (or $16.0M) in December 2024.

• CPaaS business line (Agile Telecom) Q4 2025 sales were €18.7M, up from €15.6M in Q4 2024.

• CPaaS FY 2025 sales reached €61.7M, compared to €60.1M in FY 2024.

Segment performance

• SaaS segment growth driven by increased volumes and usage, particularly in Beefree.io.

• CPaaS segment (Agile Telecom) saw strong year-end volume contributions, boosting Q4 sales.