WALLIX GROUP (ALLIX) Q3 2025 TU earnings summary

Executive summary

• Q3 2025 saw strong business momentum with turnover up 21.7% year-over-year to €9.5 million.

• Monthly recurring revenue (MRR) rose 27.5% to €2.4 million as of September 30, 2025.

• Recurring business accounted for 77.1% of Q3 turnover, driven by OT and critical sectors.

• 2025 targets for hypergrowth in recurring business and operating profit are confirmed.

Financial highlights

• Q3 2025 consolidated turnover reached €9.5 million, up 21.7% year-over-year.

• Nine-month consolidated turnover totaled €27.5 million, up 19.8% year-over-year.

• Recurring business for the nine months was €20.7 million, representing 75.4% of turnover.

• Subscription revenue grew 42.9% year-over-year for the nine-month period.

Outlook and guidance

• Full-year 2025 operating profit is forecasted, with a sharp improvement in earnings expected in H2 2025.

• 2025 targets for hypergrowth in recurring business and operating profitability are reaffirmed.