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NFON (NFN) investor relations material

NFON Q4 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 TU earnings summary26 Feb, 2026

Executive summary

  • Achieved stable growth in 2025, with total revenue up 2.0% to EUR 89.1 million year-over-year.

  • Adjusted EBITDA increased by 2.4% to EUR 12.6 million, slightly above prior guidance.

  • AI-based solutions, particularly from the acquisition of botario GmbH, drove portfolio growth and non-recurring revenue.

  • Strategic focus on innovation, scaling, and operational excellence under new management.

Financial highlights

  • Recurring revenue rose 1.1% to EUR 82.0 million, representing 92.1% of total revenue.

  • Non-recurring revenue grew 13.7% to EUR 7.1 million, mainly from AI project business.

  • Blended ARPU increased slightly to EUR 9.91 from EUR 9.89 year-over-year.

  • Number of installed seats declined by 2.7% to 647,384, reflecting market conditions.

Outlook and guidance

  • 2026 guidance projects revenue growth in the low to mid single-digit percentage range.

  • Adjusted EBITDA expected to exceed EUR 12 million in 2026.

  • Growth momentum anticipated from Intelligent Assistant and Customer Engagement portfolios, with continued investment in AI-based solutions.

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