JDC Group (JDC) investor relations material

Executive summary

• Achieved record Q1 2026 results with revenue reaching EUR 74.9 million, up 23% year-over-year, and EBITDA increasing by over 60% to EUR 8.1 million, despite challenging macroeconomic conditions in Germany and Europe.

• Strong performance attributed to the successful integration of the FMK Group and AI initiatives, driving operational efficiency and new income streams.

• Platform resilience shown by growth in assets under management and recurring revenues, offsetting temporary weakness in new business.

• Growth achieved despite low consumer confidence, geopolitical conflicts, inflation, and reduced consumer spending.

Financial highlights

• Revenue grew 23% year-over-year to EUR 74.9 million, a historic high for the group.

• EBITDA increased by over 60% to EUR 8.1 million, with FMK contributing EUR 3.9 million.

• Net profit for Q1 2026 was EUR 3.3 million, up 19.9% year-over-year.

• Gross profit rose by approximately 25% to over EUR 21 million.

• Assets under management increased from below EUR 8 billion to nearly EUR 8.5 billion.

• Annual net insurance premium up 12% to over EUR 1.5 billion.

• Operating cash flow decreased to EUR 5.6 million due to timing effects and FMK tax payments.

• Cash balance at quarter-end was EUR 39.4 million, rising to EUR 41 million before a EUR 5 million share buyback.

• EBT increased by 51.1% to EUR 4.7 million.

Outlook and guidance

• Full-year 2026 guidance reaffirmed: turnover EUR 300–330 million, EBITDA EUR 35–38 million.

• Management remains confident in meeting guidance, expecting temporary new business weakness to recover as consumer confidence improves.

• AI and FMK initiatives expected to drive further efficiency and growth.

• Management anticipates continued strong growth, leveraging synergies from FMK acquisition and platform enhancements.