Hybrid Software Group reports Q3 revenue up 16% and operating profit up 200% from last year

Core Insights - Hybrid Software Group PLC reported a 16% increase in revenue and a 200% increase in operating profit for Q3 2025 compared to the previous year [1][5]. Financial Performance - For the quarter ended 30 September 2025, revenue was €13.42 million, up from €11.57 million in 2024, representing a growth of 16% [8]. - EBITDA for the quarter was €3.52 million, or 26% of revenue, compared to €2.01 million, or 17% of revenue in 2024 [8]. - The operating result for the quarter was €2.53 million, or 19% of revenue, up from €0.75 million, or 6% of revenue in 2024 [8]. - Adjusted operating result for the quarter was €2.13 million, or 16% of revenue, compared to €0.70 million, or 6% of revenue in 2024 [8]. Segment Performance - For the nine months ended 30 September 2025, total revenue was €40.01 million, an increase from €38.49 million in 2024 [11]. - Segment EBITDA for the nine months was €8.96 million, or 22% of revenue, consistent with the previous year [11]. - The operating result for the nine months was €6.02 million, or 15% of revenue, compared to €4.87 million, or 13% of revenue in 2024 [11]. - Adjusted operating result for the nine months was €6.08 million, or 15% of revenue, up from €5.08 million, or 13% of revenue in 2024 [11]. Strategic Acquisitions - The company made two acquisitions in Q3 2025 to enhance its capabilities in packaging software and expand its presence in Artificial Intelligence [4]. - Acquired Hybrid Software Brandz NV, which provides the Artflow product suite for packaging artwork management, and Conics, a consultancy firm in the printing and packaging industry [4]. Market Dynamics - The third quarter typically represents a slower period for the company; however, strong sales were driven by the Labelexpo show in Barcelona, leading to record monthly sales in July and September for Enterprise Software [5]. - New products, SmartDFE and Mako Apex, are contributing to a more diversified revenue stream and providing additional options for OEM customers in the industrial printing sector [5].