TextMagic AS 2025 12 months consolidated unaudited interim report

Core Insights - The year 2025 for TextMagic Group was marked by strategic decisions aimed at enhancing performance and operational efficiency, including the sale of a business line and the liquidation of a subsidiary [1] Financial Performance - In 2025, TextMagic Group generated revenue of €13,549 thousand, a 7% decrease from €14,533 thousand in 2024, primarily due to unfavorable exchange rates [2] - The Group recorded an operating loss of €611 thousand in 2025, compared to an operating profit of €1,844 thousand in 2024, largely due to increased depreciation and amortization expenses [3] - EBITDA for 2025 was €4,902 thousand, down from €5,939 thousand in 2024, with an EBITDA margin of 36% compared to 41% in the previous year [4] - Cash flow from operating activities was €4,085 thousand in 2025, a decrease from €5,761 thousand in 2024, indicating continued strong cash generation capabilities [4][5] Structural Changes - The sale of Edicy OÜ, which operated the Voog website and e-commerce platform, was completed in September 2025 and is classified as a discontinued operation [5] - The Romanian subsidiary TM Marketing Ops SRL was closed in November 2025, with marketing activities to be centralized at the Estonian headquarters to reduce costs and improve efficiency [6] Workforce Adjustments - The TextMagic team was reduced to 43 employees by the end of 2025, down from 79 at the end of 2024, with significant reductions occurring late in the year [7] Future Objectives - For 2026, the Group aims to improve cash flow and profitability while focusing on revenue growth and cost efficiency [8] - A key focus for 2026 will be the transformation of the marketing strategy for the TextMagic platform, emphasizing operational messaging and compliance, with an aim to enhance customer satisfaction and marketing effectiveness [9]