Linedata Services (LIN) Q1 2025 TU earnings summary

Executive summary

• Q1 2025 revenue reached €44.0m, stable year-over-year, with contrasting segment trends.

• Asset Management revenue declined 3.3%, while Lending & Leasing grew 7.3%.

• Recurring revenue was €35.2m, representing 80% of total revenue and remaining stable.

Financial highlights

• Total Q1 2025 revenue: €44.0m, up 0.2% compared to Q1 2024; like-for-like revenue down 1.7%.

• Order intake dropped 29.1% year-over-year to €14.7m.

• Favorable currency and scope effects contributed €0.7m and €0.1m, respectively.

Outlook and guidance

• Nroad acquisition expected to support innovation, especially in Artificial Intelligence.

• Next update scheduled for July 24, 2025, with half-year revenue results.