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].

Core Insights - Hybrid Software Group delivered a solid performance in the first half of 2025, with all three reporting segments meeting budget expectations for revenue and operating profit [2] Financial Performance - Revenue for the six months ended 30 June 2025 was €26,592 thousand, a slight decrease from €26,922 thousand in 2024 - Operating profit decreased to €2,210 thousand from €2,344 thousand in the previous year - Profit before tax was €1,415 thousand, down from €1,870 thousand in 2024 - Profit for the period was €1,638 thousand compared to €2,151 thousand in 2024 - EBITDA from continuing operations decreased to €5,431 thousand from €6,483 thousand in 2024 - Adjusted operating profit was €3,953 thousand, down from €4,383 thousand in 2024 - Adjusted net profit decreased to €3,189 thousand from €3,998 thousand in 2024 - Cash and cash equivalents increased to €11,159 thousand from €8,041 thousand in 2024 - Loans and borrowings decreased to €4,400 thousand from €6,900 thousand in 2024, resulting in net cash of €6,759 thousand compared to €1,141 thousand in 2024 [6] Segment Performance - The Printing Software segment experienced a decline in revenue due to the absence of a large OEM contract renewal in Q1 2025, but saw improvement in Q2 with the launch of Mako Apex, driving new contracts [3] - The Printhead Solutions segment continued strong performance, particularly in China, Europe, and North America, with growth in additive manufacturing and improved margins following the end of the chip shortage [4] - The Enterprise Software segment reported over 7% sales growth in the first half of 2025, with a promising sales pipeline as the company enters Q3 [5] Company Overview - Hybrid Software Group PLC is a leading developer of software and electronics for labels, packaging, and industrial print manufacturing, serving major press manufacturers and packaging printers globally [7] - The company is headquartered in Cambridge, UK, and operates through several subsidiaries specializing in various aspects of printing technology [8]