- Tu ove : EUR 3.3 millio (EUR 3.3 millio ), dec ease of 0.9%.
- EBITDA: EUR -0.3 millio (EUR -0.6 millio ), -10.3% of tu ove (-18.8%).
- EBIT: EUR -0.5 millio (EUR -0.8 millio ), -14.3% of tu ove (-22.7%).
- Net i come: EUR -1.3 millio (EUR -1.5 millio ), -37.8% of tu ove (-45.7%).
- Ea i gs pe sha e: EUR -0.45 (EUR -0.54).
- Ea i gs pe sha e (diluted): EUR -0.45 (EUR -0.54).
- Tu ove : EUR 11.3 millio (EUR 12.4 millio ), dec ease of 8.8%.
- EBITDA: EUR -1.1 millio (EUR -1.0 millio ), -9.3% of tu ove (-8.1%).
- EBIT: EUR -1.4 millio (EUR -1.4 millio ), -12.7% of tu ove (-11.3%).
- Net i come: EUR -3.7 millio (EUR -3.6 millio ), -33.0% of tu ove (-28.7%).
- Ea i gs pe sha e: EUR -1.35 (EUR -1.27).
- Ea i gs pe sha e (diluted): EUR -1.35 (EUR -1.27).
- Numbe of employees at the e d of the eview pe iod: 111 (118), dec ease of 5.9%.
The thi d qua te of 2026 showed a imp oveme t i ope atio al pe fo ma ce. Tu ove fo the qua te was i li e with the co espo di g pe iod last yea , while EBITDA imp oved to EUR -0.3 millio f om EUR -0.6 millio . The u de lyi g developme t was slightly st o ge tha the epo ted esult i dicates, as EBITDA was egatively impacted by o e-off costs elated to the p oject a ou ced o 13 Octobe 2026 co ce i g a pote tial sha e excha ge a d othe elated a a geme ts.
Fo the fi st i e mo ths of the yea , tu ove amou ted to EUR 11.3 millio , compa ed with EUR 12.4 millio i the co espo di g pe iod last yea . EBITDA was EUR -1.1 millio , compa ed with EUR -1.0 millio . The weake developme t ea lie i the yea the efo e co ti ues to affect the yea -to-date figu es, despite the imp oved, though ot sufficie t, pe fo ma ce du i g the thi d qua te .
P ice competitio emai s i te se, pa ticula ly i Fi la d a d withi the public secto , a d co ti ues to affect ou ability to imp ove p ofitability. We a e the efo e co ti ui g to adapt ou cost base a d comme cial focus. The umbe of employees dec eased to 111 at the e d of the eview pe iod, compa ed with 118 a yea ea lie , eflecti g ou effo ts to alig capacity with dema d a d imp ove ope atio al efficie cy.
At the same time, we co ti ue to sha pe ou offe i g a d st e gthe ou focus o a eas whe e we see bette oppo tu ities fo p ofitable g owth. Applied AI emai s a impo ta t pa t of this developme t, both as a way of imp ovi g ou ow efficie cy a d as a i c easi gly i teg ated pa t of the solutio s we p ovide to ou clie ts.
The busi ess p io ities emai clea : to co ti ue imp ovi g ope atio al efficie cy, st e gthe ou comme cial pe fo ma ce a d accele ate the use of AI th oughout ou busi ess. The developme t du i g the thi d qua te shows that the actio s we a e taki g a e havi g a effect, eve though fu the p og ess is equi ed to each sustai able p ofitability.
I would like to tha k ou employees fo thei co ti ued commitme t a d adaptability, a d ou clie ts a d sha eholde s fo thei co ti ued t ust.
/CEO Mag us Leijo bo g
I 2026, tu ove a d EBITDA a e expected to dec ease i compa iso with 2025.
Digitalist G oup Plc is egotiati g with the ow e s of a u listed Fi ish limited liability compa y (the “Ta get Compa y”) ega di g a pote tial sha e excha ge a d othe a a geme ts elated the eto, as a esult of which the Ta get Compa y would be listed o the egulated ma ket mai tai ed by Nasdaq Helsi ki Ltd th ough a so-called eve se listi g. No bi di g ag eeme t has bee e te ed i to ega di g the t a sactio .
The ew guida ce is: I 2026, tu ove a d EBITDA a e expected to dec ease i compa iso with 2025.
The p evious guida ce of the compa y was: I 2026, it is expected that tu ove will dec ease i compa iso with 2025. EBITDA is expected to imp ove i compa iso with 2025 but emai egative.
The developme t of the EBITDA du i g the thi d qua te has ot bee sufficie t, a d the EBITDA fo ecasts fo the emai de of the yea appea challe gi g. I additio , we expect o e-off costs to i c ease i co ectio with the egotiatio s, a ou ced o 13 Octobe 2026, fo a pote tial sha e excha ge a d othe elated a a geme ts.
Digitalist G oup Plc has ag eed with Tu et Oy Ab o a loa amou ti g to EUR 1,100,000 i o de to st e gthe the Compa y’s wo ki g capital. The Compa y has the ight to withd aw the loa i i stalme ts by 31 Decembe 2026 at the latest. The Loa was g a ted o ma ket te ms a d it will fall due o 30 Septembe 2027. Tu et is Digitalist G oup’s la gest sha eholde .
The stock excha ge eleases a e o the compa y’s website at https://digitalist.global/i vesto s/ eleases
Despite the impleme ted efficie cy measu es a d fi a cial a a geme ts, the cash flow fo the ext 12 mo ths is likely to be egative, acco di g to the fo ecast. Howeve , at the time of publishi g the busi ess eview, the compa y estimates that its wo ki g capital is sufficie t fo the eeds of the ext 12 mo ths, taki g i to accou t the fi a ci g suppo t p ovided by the mai ow e if eeded.
DIGITALIST GROUP OYJBoa d of Di ecto s
Additio al i fo matio :Digitalist G oup PlcCEO Mag us Leijo bo g, tel. +46 76 315 8422, mag us.leijo bo g@digitalistg oup.comChai ma of the Boa d Esa Matikai e , tel. +358 40 506 0080, esa.matikai e @digitalistg oup.com