Linedata Services (LIN) H2 2025 earnings summary

Executive summary

• Revenue for 2025 was €169.6m, down 7.7% year-over-year, impacted by a cyberattack in August 2025.

• EBITDA margin declined to 22.1% from 29.6% in 2024 due to one-off crisis management costs.

• Net income dropped 47.9% to €14.7m, with EPS at €3.04 versus €5.69 in 2024.

Financial highlights

• Operating income fell 43.3% to €22.6m, mainly due to accelerated server depreciation post-cyberattack.

• Net margin was 8.6%, down from 15.3% the previous year.

• Shareholders' equity at year-end was €120.6m, down from €138.4m.

• Cash available at year-end was €14.9m; net debt stood at €67.1m.

Outlook and guidance

• Operations are expected to normalize in 2026 following the resolution of the cyber incident.

• Next financial update scheduled for Q1 2026 revenue in April 2026.