Acroud first quarter revenue up 18% to €11.6 million

Finance News

Acroud has reported first-quarter revenue of  €11.6 million, an increase of 18% compared with the previous year. 

Adjusted EBITDA (before items affecting comparability) was EUR 1 243 (447) thousand increasing by 178% year-on-year and 70% increase quarter-on-quarter.

EBITDA amounted to EUR 1 243 (206) thousand. Loss after tax was EUR -373 (-3 256) thousand. Adjusted loss after tax (before items affecting comparability and currency effects) was EUR -487 (-759) thousand. 

New Depositing Customers (NDC) amounted to 50 303 (72 906) decreasing by 31% year-on-year.

The first quarter of 2026 marked a strong start to the year for Acroud and validated several of the strategic decisions and investments undertaken throughout 2025.

Following a fourth quarter characterized by elevated investment levels within the Affiliation Segment, we entered 2026 with a stronger operational platform, improved market position and a significantly more efficient financial structure. The results of these efforts are now beginning to materialize across the Group.

Revenue for the quarter amounted to EUR 11,553 thousand, corresponding to an 18% year-on-year increase. Adjusted EBITDA amounted to EUR 1,243 thousand, representing a 178% increase compared with the same quarter last year. While the first quarter of 2025 was uniquely challenging due to the newly implemented Brazilian regulatory framework at the time, and therefore provides a very favorable comparison base, the results of this quarter have been materially strong and serve as confirmation that our strategic and tactical initiatives are beginning to deliver results.

Within the SaaS Segment, revenue amounted to EUR 6,413 thousand, representing a 7% year-on-year increase. While revenue declined sequentially from the exceptionally strong second half of 2025, the underlying development within the Network model remains healthy. Short-term fluctuations due to a variety of clients within the Network model experiencing challenging market conditions within SEO affected the quarter negatively but we still managed to deliver a record breaking 22,276 New Depositing Customers within this business unit, marking a new all-time-high for this Segment.

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