Brief: Admicom Q2 ARR Increases By 4.1% To EUR 37.1 Mln
BRIEF-Admicom Q2 ARR Increases By 4.1% To EUR 37.1 Mln July 8 (Reuters) - Admicom Oyj ADMCM.HE:
Q2 ARR INCREASED BY 4.1% AND WAS EUR 37.1 MILLION (35.7)
Q2 ADJUSTED EBITDA EUR 3.0 MILLION (3.1), OR 31.0% OF REVENUE (32.0%)
ANNUAL RECURRING REVENUE (ARR) IS EXPECTED TO GROW IN 2026 BY 3-10%. ARR IN 2025 WAS 37.8 MILLION EUROS.
TOTAL REVENUE IS EXPECTED TO GROW BY 2-6% FROM 2025 LEVEL
SECOND QUARTER OF 2026 CONTINUED TO REFLECT THE CHALLENGING CONSTRUCTION MARKET IN FINLAND
ADJUSTED EBITDA IS EXPECTED TO BE 31-36% OF REVENUE IN 2026
DURING THE FIRST HALF OF THE YEAR, WE HAVE EXPERIENCED HIGH CHURN RELATED TO INSOLVENCIES AND MARKET CONSOLIDATION
SLOW START TO SALES IN THE BEGINNING OF THE YEAR DELAYED GROWTH
MARKET UNCERTAINTY IS LIKELY TO CONTINUE
Further company coverage: ADMCM.HE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))