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TextMagic AS's consolidated audited annual report for the financial year 2025
Globenewswire· 2026-03-17 06:00
Financial Performance - In 2025, TextMagic Group generated revenue of €13,549 thousand, a 7% decrease compared to 2024's revenue of €14,533 thousand, primarily due to unfavorable exchange rates [3] - The Group recorded an operating loss of €611 thousand in 2025, a significant decline from the operating profit of €1,844 thousand in 2024, largely attributed to increased depreciation and amortization expenses [4] - EBITDA for 2025 was €4,902 thousand, down from €5,939 thousand in 2024, resulting in an EBITDA margin of 36% compared to 41% in the previous year [5] Operational Changes - The year 2025 saw strategic decisions including the sale of one business line and the initiation of a subsidiary's liquidation, aimed at improving future performance and operational efficiency [2] - The TextMagic team was reduced to 43 employees by December 31, 2025, down from 79 at the end of 2024, with the full impact of personnel cost savings expected to materialize in the following period [6] Future Objectives - For 2026, the Group aims to improve cash flow and increase profitability, focusing on revenue growth and cost efficiency while transforming the marketing strategy of the TextMagic platform [7] - The management proposes to cover the loss for 2025 and distribute dividends of €0.14 per share, totaling €1,205,400, with a voting procedure scheduled to commence on March 25, 2026 [8][9]