Overview
Germany digital financial platform's Q1 revenue rose 20% yr/yr to EUR 74.9 mln
Q1 EBITDA climbed 61% to EUR 8.1 mln, net profit up 20% yr/yr
Growth driven by FMK Group integration and higher recurring revenues
Outlook
JDC Group expects 2026 revenue between EUR 300 mln and EUR 330 mln
Company sees 2026 EBITDA between EUR 35 mln and EUR 38 mln
JDC expects further growth momentum from synergies and AI-driven platform enhancements
Result Drivers
FMK GROUP INTEGRATION - JDC said the successful integration of FMK Group made a strong contribution to revenue and earnings
RECURRING REVENUES - Co said a strong increase in recurring revenues offset temporary weakness in new platform business
AI AND SYNERGIES - Co said synergies from FMK integration and use of additional AI tools are beginning to support further growth momentum
Company press release: ID:nEQ92Wywka
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 74.87 mln
Q1 Net Income
EUR 3.32 mln
Q1 EBIT
EUR 6.42 mln
Q1 EBITDA
EUR 8.12 mln
Q1 Pretax Profit
EUR 4.65 mln
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the diversified investment services peer group is "buy"
Wall Street's median 12-month price target for JDC Group AG is €30.84, about 36.5% above its May 8 closing price of €22.60
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 24 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.)