Obiz (ALBIZ) H1 2026 earnings summary

Executive summary

• Achieved consolidated revenue of €70.4M in H1 2025/26, up 9% year-over-year, driven by strong growth in relational and affinity programs (+20%) and e-commerce (+8%).

• EBITDA surged 52% to €1.3M, reflecting operational improvements and cost control measures.

• Net result nearly breakeven at -€0.2M after accounting for financial charges.

Financial highlights

• Gross margin reached €9.0M, up 5% year-over-year; gross margin rate at 12.7% vs. 13.3% a year earlier.

• EBITDA at €1.3M, up from €0.9M in the prior year period.

• Operating income positive at €0.3M after €1.1M in depreciation.

• Cash position improved to €4.9M at March 31, 2026, from €3.6M at September 30, 2025.

Outlook and guidance

• Strategic plan Equinoxe 2027 targets €7M EBITDA by 2027 and improved cash flow generation.

• Management expresses confidence in continued operational and financial performance improvement for the remainder of 2025/26.