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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.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.
- Recurring revenue at 94.3% and EBITDA up 50.9%, with botario acquisition fueling growth.NFN
Q3 202413 Feb 2026 - Adjusted EBITDA up 62.3% to €5.5m, recurring revenue share at 94.3% in H1 2024.NFN
Q2 202423 Jan 2026 - AI-led strategy and Botario integration drive strong growth, margin gains, and 2025 optimism.NFN
H2 202428 Nov 2025 - Q1 2025 revenue up 4.0%, with AI and botario fueling growth and margin expansion targeted.NFN
Q1 202526 Nov 2025 - 2025 guidance lowered amid slower core growth, but AI and partner programs drive optimism.NFN
Q2 202523 Nov 2025 - Revenue up 2.7% to €66M, adjusted EBITDA down 3.5%, seat base fell 2.6%.NFN
Q3 202520 Nov 2025 - NFON targets double-digit growth by 2027 through AI innovation, partnerships, and acquisitions.NFN
CMD 202413 Jun 2025 - Strong earnings, cash flow, and AI-driven growth position NFON for accelerated 2025 expansion.NFN
Q4 2024 TU6 Jun 2025
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