Witted Megacorp (WITTED) Q3 2026 earnings summary

Executive summary

• Q3 revenue was €11,753k versus €11,301k a year earlier; adjusted EBITA rose to €495k from €13k, with both Finland and international operations profitable.

• 9M revenue was €40,937k versus €38,265k, and adjusted EBITA reached €1,654k versus €479k; organic growth was 1.5%.

Financial highlights

• Q3 gross profit was €4.3m, or 36.4% of revenue, versus €3.8m and 33.2%; direct customer work and Software Sauna's higher margin supported the improvement.

• Q3 EBITDA was €0.5m versus a €0.2m loss; operating income was €0.2m versus a €0.4m loss, and net income was €14k versus a €390k loss.

• 9M EBITA was €1,506k versus €26k; net income was €177k versus a €829k loss.

• Q3 personnel costs fell 3.0% to €3.2m and other operating expenses fell 4.2% to €0.6m, supported by lower non-billable headcount and cost savings.

Outlook and guidance

• FY 2026 revenue is expected to grow YoY and adjusted EBITA to increase, assuming steadier industry demand, the Software Sauna acquisition and implemented cost savings.

• 2025–2027 strategy target: combined annual organic growth and adjusted EBITA margin of 20% by the end of the strategy period.