Witted Megacorp (WITTED) Q1 2026 earnings summary

Executive summary

• Revenue grew 9.4% year-over-year to €14.9 million in Q1 2026, with organic growth at 4.1%.

• Adjusted EBITA more than tripled to €0.7 million, representing 4.4% of revenue.

• EBITA reached €0.5 million (3.6% of revenue), up from €0.2 million (1.5%) a year earlier.

• Number of experts increased 12.9% to 367, and subcontractors rose 12.1% to 268.

• Growth driven by stronger demand, Software Sauna acquisition, and cost savings.

Financial highlights

• Revenue: €14.9 million (up from €13.6 million year-over-year).

• Adjusted EBITA: €0.7 million (up from €0.2 million), margin 4.4% (1.5%).

• EBITA: €0.5 million (up from €0.2 million), margin 3.6% (1.5%).

• Net profit: €0.1 million vs. loss of €0.1 million in Q1 2025.

• Last 12 months’ revenue reached €54.0 million.

Outlook and guidance

• Strategic focus on profitability and organic growth.

• Targeting a combined 20% annual organic growth and adjusted EBITA % by end of 2027.

• 2026 revenue and adjusted EBITA expected to increase from 2025, supported by stable demand, acquisitions, and cost savings.

• Confident in improving profitability even without revenue growth.

• Management maintains a cautiously positive market outlook.