Powersoft (PWS) H1 2026 earnings summary

Executive summary

• Revenues reached €46.3M, up 12.6% YoY, reflecting resilience amid geopolitical and trade uncertainties.

• Net profit rose to €4.6M, an 8.6% increase compared to H1 2025, despite higher financial charges.

• Adjusted EBITDA increased 5.2% to €12.1M, with a margin of 27.4%.

• Organizational structure strengthened, with headcount at 279 as of June 30, 2026.

• Continued integration of K-array and launch of new products and partnerships, including a multi-year agreement with Bose Professional.

Financial highlights

• EBIT increased 16.4% to €9.0M, with a margin of 20.4%.

• Net financial position at €-41.9M, reflecting dividend payments and K-array acquisition-related outflows.

• Consolidated equity at €37.3M, down from €42.6M in 2025, mainly due to €10M dividend distribution.

• Operating cash flow was €9.8M; cash and equivalents at period end were €10.6M.

• Net profit margin: 10.4% (unchanged YoY).

Outlook and guidance

• Management expresses confidence in continued growth and improved visibility for the rest of 2026 and into 2027, supported by ongoing demand and successful product launches.

• The group expects continued growth in entertainment and vertical install segments, assuming stable macroeconomic conditions.

• Ongoing focus on innovation, R&D, and integration synergies with K-array.