Sidetrade (ALBFR) H1 2025 TU earnings summary

Executive summary

• First half 2025 revenue grew 19% at constant exchange rates, driven by a 25% increase in SaaS subscriptions.

• Bookings declined 21% from the record H1 2024 but remained stable versus H1 2023, reflecting resilience amid economic headwinds.

• Commercial launch of the first autonomous AI Cash Collection Agent and a strategic partnership with a global order-to-cash services leader signal new growth levers.

Financial highlights

• H1 2025 total revenue reached €29.3 million, up 18% year-over-year (reported), with SaaS subscription revenue at €25.4 million (+24%).

• New Annual Contract Value (ACV) was €5.88 million, down 21% from H1 2024 but in line with H1 2023.

• New Annual Recurring Revenue (ARR) was €2.44 million, down 38% from H1 2024.

• Service revenue totaled €3.9 million, down 8% year-over-year.

Outlook and guidance

• Full-year 2025 bookings expected to follow a similar trend as H1, with significant reacceleration anticipated from 2026 due to new AI product and partnerships.

• Early feedback on the AI Cash Collection Agent and global alliance supports a positive medium-term outlook.