Text (TXT) Q1 26/27 TU earnings summary

Executive summary

• Q1 2026/27 MRR rose 7.6% quarter-over-quarter (4% year-over-year) to USD 7.46 million, driven by the end of LiveChat pricing grandfathering.

• Annual recurring revenue (ARR) totaled USD 89.52 million for the quarter.

• Payments received in Q1 2026/27 increased 10.8% year-over-year to USD 24.19 million.

• FY 2025/26 revenue was USD 88.2 million (-0.5% y/y), with EBITDA and net profit down 23.9% and 29.1% respectively due to higher costs in product development, cloud infrastructure, and customer acquisition.

• Q4 2025/26 showed margin improvement from better cost control, especially in cloud infrastructure.

Financial highlights

• FY 2025/26 net sales: PLN 329.1 million (-7.1% y/y); EBIT: PLN 126.9 million (-28.4% y/y); net profit: PLN 116.6 million (-29.1% y/y).

• Q4 2025/26 net sales: PLN 79.9 million (-10.2% y/y); EBIT: PLN 36.8 million (-24.7% y/y); net profit: PLN 28.6 million (-22.5% y/y).

• Q4 2025/26 EBITDA: PLN 37.6 million, EBITDA margin at 47%.

• Payments for API usage in the quarter were nearly USD 250,000.

• Future revenue from customer contracts at Q4 2025/26: PLN 67.0 million.

Outlook and guidance

• Profitability expected to benefit from the end of LiveChat pricing grandfathering, infrastructure optimization, and sales process changes; increased marketing may offset some gains.