Singular People (SNG) H2 2025 earnings summary

Executive summary

• Revenue reached €117.9M in 2025, up 10.3% year-over-year, with 80% from recurring clients and high satisfaction (NPS 76).

• EBITDA rose 18.5% to €14.2M, with improved group and consulting margins.

• Net income increased 10.2% to €6.05M, reflecting operational efficiency and successful integration of acquisitions.

• Strategic acquisitions, including CrossPoint Dynamics 365 and full-year impact of Tecnofor, contributed to growth and diversification.

• Maintained strong international presence, with significant revenue from EMEA, LATAM, and the US, and reinforced commercial presence in the USA.

Financial highlights

• Revenue: €117.9M (+10.3% vs 2024).

• EBITDA: €14.2M (12.1% margin), up from €12.0M (11.2% margin) in 2024.

• Net income: €6.05M, up from €5.49M year-over-year.

• Net debt: €13.9M, less than 1x EBITDA.

• Cash flow from operations: €5.5M, lower than 2024 due to increased working capital needs and investments.

Outlook and guidance

• Management projects robust growth for 2026, with continued improvement in EBITDA margin and further market expansion through consolidation of recent acquisitions.

• Anticipates above-market annual growth and rising productivity per employee over the next three years.

• Strategic focus on AI-driven software development and managed services, with selective M&A for complementary capabilities.

• Plans for continued international growth, especially in KSA and the USA.