Norway's Link Mobility Q1 gross profit stable, organic growth improves

LINK Mobility Holding ASA

12/05/2026 05:12

Corrects organic growth figure to -1% from -6% in Key Details table; clarifies organic growth refers to gross profit in the table

Overview

Norway CPaaS provider's Q1 gross profit stable at NOK 492 mln, organic growth improved sequentially

Company saw strong contract wins and higher-margin CPaaS growth supporting future profitability

Link repurchased 13 mln shares, proposes cancelling 21 mln shares, about 7% of total shares

Outlook

Link Mobility expects gradual return to organic growth, supported by strong contract wins

Company aims to deliver high single-digit gross profit growth over time

Management expects adj. EBITDA to improve as gross profit growth gradually recovers

Result Drivers

ISOLATED DECLINERS - Co said ongoing losses from a small group of customers continued to weigh on results, though broader enterprise growth nearly offset these effects

CONTRACT WINS - Strong contract wins, especially within CPaaS, supported improving outlook and future growth

ENTERPRISE MOMENTUM - Improved growth and commercial momentum in the enterprise segment helped sequentially improve organic gross profit growth

Company press release: ID:nObikJ2Gca

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Gross Profit
NOK 492 mln
Q1 Organic Gross Profit Growth
-1%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Link Mobility Group Holding ASA is NOK35.00, about 36.1% above its May 11 closing price of NOK25.72

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