Redegal (SCRDG) Q4 2025 earnings summary

Executive summary

• 2025 marked a second consecutive year of double-digit growth, with consolidated revenue up 22.4% YoY to €16.84 million, alongside stronger adjusted EBITDA and operating profitability.

• Strategy centers on combining digital services with recurring-revenue products and AI capabilities to improve scalability and margins over the medium term.

Financial highlights

• Consolidated revenue was €16.84 million, up 22.4% YoY and 67.2% vs. 2023 (€10.1 million).

• Consolidated adjusted EBITDA rose 137.8% to €1.55 million; reported consolidated EBITDA exceeded €1.1 million.

• Parent-only adjusted EBITDA was €1.7 million, reflecting the strength of the core Spain business and investment in expanding units.

Outlook and guidance

• 2026 objective is to sustain double-digit organic growth, supported by client portfolio consolidation and demand for digital transformation and AI services.

• Priorities include increasing recurring revenue and progressively improving operating profitability through Boostic.cloud, Binnacle Data and Redegal Brain.

• M&A activity will target complementary digital businesses in Spain, the Netherlands, Italy and Latin America with near-term synergies, positive margin contribution and scalability potential.