LeadDesk (LEADD) Q1 2025 earnings summary

Executive summary

• Revenue grew 22.2% year-over-year to EUR 9.39 million in Q1 2025, driven by the Zisson acquisition and strong organic growth in Continental Europe.

• EBITDA increased to EUR 1.25 million, representing 13.3% of revenue, up from 12.3% a year ago.

• Integration of Zisson is progressing rapidly, strengthening the Nordic market position, especially in Norway.

• Acquisition of eDialog24 in April further consolidates the Nordic market and deepens customer relationships.

Financial highlights

• Revenue: EUR 9.39 million (up 22.2% year-over-year); 19.0% growth on a comparable currency basis.

• Annual recurring revenue contract base: EUR 34.01 million, up 32.0% year-over-year.

• EBITDA: EUR 1.25 million (13.3% margin), up from EUR 945 thousand (12.3% margin) last year.

Outlook and guidance

• 2025 guidance unchanged: expects 23–33% annual revenue growth (comparable currency) and 14–19% EBITDA margin.

• Management anticipates improved revenue growth and profitability for the remainder of 2025, supported by acquisition synergies.