Core Insights - The company experienced increased stability in Q4 2025 following a period of market disruption, leading to year-on-year growth in operating profit despite customer churn and additional costs [3][4] - The financial results for 2025 were within the published guidance range, with EBITDA at the upper end, reflecting disciplined operations and strong sales momentum [4] Financial Performance - Q4 2025 revenue was ISK 7,336 million, a decrease of 1.3% compared to ISK 7,431 million in Q4 2024 [8] - EBITDA for Q4 2025 was ISK 1,916 million, down by 7.5% from the previous year, with an EBITDA margin of 26.1% [8] - EBIT increased to ISK 992 million in Q4 2025, up 5.1% from ISK 944 million in Q4 2024 [8] - Profit for Q4 2025 was ISK 620 million, compared to ISK 517 million in the same quarter of 2024, with earnings per share rising to ISK 0.26 [8] Business Developments - The company expanded its fintech operations, with corporate cards issued reaching 1,800, marking a 20% growth from Q3 to Q4 [6] - Advertising revenue in Q4 2025 was ISK 798 million, a decrease of 2.8% year-on-year, but November 2025 marked the highest month of total advertising sales in the company's history [7][8] - The company announced acquisitions of Greiðslumiðlun Íslands, Opin Kerfi, and Öryggismiðstöð Íslands, aiming to unlock synergies and enhance growth [9] Strategic Initiatives - The company is implementing a revised structure, transferring telecommunications and media operations into a new subsidiary named Ásar, focusing on disciplined growth and robust digital services [11] - The company celebrated its 120th anniversary, emphasizing its long-standing commitment to building secure telecommunications infrastructure [10]