Greece's Neurosoft 2025 revenue falls 8.4% amid softer market conditions

Neurosoft Software Production SA

31/03/2026 13:32

Overview

Greek ICT and cybersecurity firm's 2025 revenue fell 8.4% yr/yr amid softer market conditions compared to a year ago

Net income for 2025 declined 29.3% yr/yr, EBITDA dropped 6% yr/yr

Company cut net debt by 75% and grew equity, citing strategic consolidation and discipline

Outlook

Neurosoft expects 2026 growth, leveraging robust project backlog and reinforced balance sheet

Company sees improved financial performance in 2026, supported by significant contracts secured in 2025

Neurosoft aims to expand market presence in Greece and Cyprus and pursue new technology opportunities

Result Drivers

SOFTER MARKET CONDITIONS - Co said revenue fell due to normalization in project volumes following a strong prior year

HIGHER-VALUE ENGAGEMENTS - Gross margin improved due to focus on higher-value engagements and operational discipline

Company press release: ID:nBIA8N3G76

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
EUR 34.74 mln
FY Net Income
EUR 1.19 mln
FY EBITDA
EUR 3.86 mln
FY Gross Profit
EUR 8.28 mln


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(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.)