Sidetrade (ALBFR) Q1 2026 TU earnings summary

Executive summary

• Bookings surged 34% year-over-year to €3.70M in ACV, with new subscription ARR up 60% to €2.05M.

• Total contract value (TCV) of new subscriptions jumped 135% to €7.91M, surpassing the entire first half of 2025.

• Revenue rose 21% at constant currency (17% as reported), with subscriptions up 27% (23% as reported).

• Strong market traction for AI-native agents and successful launch of Aimie Agent.

Financial highlights

• Subscription revenue reached €14.9M in Q1 2026, up 27% at constant currency (23% as reported).

• Consolidated revenue totaled €16.8M, up 21% at constant currency (17% as reported) year-over-year.

• Subscriptions now account for 91% of total revenue.

• Organic subscription growth (excluding ezyCollect) was 8% at constant currency.

Outlook and guidance

• Early results from indirect sales strategy are encouraging, with 35% of new subscription bookings influenced by partners.

• AI-native products expected to represent over 50% of bookings by 2030.