Sidetrade (ALBFR) Q3 2025 TU earnings summary

Executive summary

• Revenue for the first nine months of 2025 increased 13% at constant currency, with SaaS subscription revenue up 17% year-over-year.

• Bookings rebounded in Q3 2025, up 27%, narrowing the year-to-date gap compared to 2024.

• International operations generated 69% of revenue, reflecting a strengthened global footprint.

• Strategic focus on enterprise accounts led to subscriptions from large companies rising 30%, now representing 54% of the customer base.

Financial highlights

• Consolidated revenue for the first nine months of 2025 was €44.4 million, up 12% on a reported basis.

• SaaS subscription revenue reached €38.7 million, a 17% increase year-over-year.

• New Annual Contract Value (ACV) for the period was €7.81 million, down 13% from €8.94 million in 2024, but improved from a 21% decline at the end of June.

• New Annual Recurring Revenue (ARR) in Q3 2025 rose 20%, and services bookings increased 30%.

Outlook and guidance

• Profitable growth objectives for 2025 are confirmed, with confidence in 2026 driven by new growth engines and a stronger business model.

• The rollout of agentic AI and a global partner network is expected to significantly impact 2026 bookings.