Konsolidator (KONSOL) Q3 2026 TU earnings summary

Executive summary

• Signed 16 new customers in Q3, taking contracted ARR to DKK 26.8m at September-end, up 18% YoY.

• YTD revenue grew 17% and EBITDA loss narrowed to DKK 0.3m; retention improved and ARR churn declined.

Financial highlights

• Q3 revenue was DKK 7.3m, up 19% YoY; YTD revenue was DKK 21.6m versus DKK 18.4m, up 17%.

• Q3 EBITDA was DKK 0.3m versus DKK 1.4m; prior-year EBITDA included DKK 2m of other operating income. YTD EBITDA loss narrowed to DKK 0.3m from DKK 0.8m.

• Q3 new sales were DKK 1.1m; last-12-month free cash flow was positive DKK 0.1m versus negative DKK 4.1m in the prior 12 months.

Outlook and guidance

• FY2026 CARR guidance is DKK 28–29m versus DKK 24.4m in 2025; previous range was DKK 27–29m.

• FY2026 revenue guidance is DKK 28–30m versus DKK 25.3m in 2025, with stated growth of 11%–19%; previous range was DKK 27–29m.

• FY2026 EBITDA guidance is DKK 0–1m versus DKK -2m in 2025; previous range was DKK 1–2m.

• FY2026 ARR churn guidance remains 6%–9% versus 12.6% in 2025, implying stated improvement of 30%–50%; churn is expected to improve further in Q4.