Austriacard's Q1 net profit jumps 61% on lower interest expenses

Austriacard Holdings AG

12/05/2026 18:47

Overview

Austria-based applied technology group's Q1 revenue rose 8% yr/yr, driven by Digital Technologies growth

Q1 EBITDA grew 11% yr/yr, with margin widening to 12.9%

Net profit surged 61% yr/yr, helped by EBIT growth and lower interest expenses

Outlook

Austriacard targets high-single digit Group Revenue growth for FY2026

Company expects further EBITDA margin expansion for FY2026

Operating cash flow seen improving in H2 2026 as contract assets convert to billings

Result Drivers

DIGITAL TECHNOLOGIES SURGE - Q1 revenue growth was largely driven by an 83% increase in Digital Technologies, supported by accelerated implementation of Greek public sector digitization projects

IDENTITY & PAYMENT SOLUTIONS - Identity & Payment solutions revenue rose 7%, anchored by growth from Fintech clients in Western Europe, the US, and the Nordics, and business development in MEA

FAVOURABLE REVENUE MIX - EBITDA margin expansion was supported by a growing contribution from higher-margin services and solutions

Company press release: ID:nEQ7PSlyGa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 89.40 mln
Q1 Net Income
EUR 4.10 mln
Q1 Operating Cash Flow
-EUR 7.50 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the computer hardware peer group is "buy."

Wall Street's median 12-month price target for Austriacard Holdings AG is €8.60, about 3.2% above its May 12 closing price of €8.33

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)