Broadpeak (ALBPK) Q3 2025 TU earnings summary

Executive summary

• Q3 2025 revenue rose 10.8% year-over-year to €9.6 million, with nine-month revenue up 21.0% to €31.3 million.

• Growth was driven by all activities and major contracts, especially in flagship offers and recurring revenue streams.

• Over 45% of sales in the first nine months were recurring revenue, supporting long-term targets.

Financial highlights

• Maintenance & SaaS revenue grew 25.5% year-over-year to €14.1 million for the first nine months.

• Equipment sales increased 49.5% to €3.4 million, reflecting a return to normative levels.

• Licensing & Services revenue rose 11.7% to €13.8 million for the nine-month period.

• At constant exchange rates, nine-month sales increased 23.3%.

Outlook and guidance

• Confident in achieving 2025 full-year targets: revenue growth and positive EBITDA.

• 2027 targets reaffirmed: revenue to surpass €50 million, with 50% recurring revenue and EBITDA margin around 15%.