France's Sidetrade H1 revenue rises 19% on AI product growth
France's Sidetrade H1 revenue rises 19% on AI product growth
Overview
France AI Order-to-Cash firm's H1 2026 revenue rose 19% yr/yr to €34.8 mln
New Annual Recurring Revenue for H1 2026 jumped 112% yr/yr to €5.16 mln
Company launched new AI-native products, contributing over €1 mln in new ARR
Outlook
Sidetrade expects record H1 2026 bookings to boost revenue growth from end-2026 onward
Company aims for over 50% of revenue from AI-native products and 30-35% EBITDA margin by 2030
Result Drivers
AI-NATIVE PRODUCT LAUNCH - Co said new AI-native products, including Aimie IQ and Agent Builder Studio, contributed over €1 mln in new ARR and helped win most competitive deals
INTERNATIONAL EXPANSION - Growth supported by integration of ezyCollect and increased presence in Asia-Pacific and North America
NEW CUSTOMER BOOKINGS - Shift in bookings toward new business, especially in North America, reflecting appeal of AI-native positioning
Company press release: ID:nGNE1Y7hhP
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 34.8 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "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 Sidetrade SA is €230.00, about 35.5% above its July 20 closing price of €169.80
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 25 three months ago
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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.)
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