Earnings release
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Press release claranova FY 2025-2026 annual results October 21 , 2026 • Annual revenue : € 93.7 million , down 11.8 % like - for - like¹ • EBITDA : € 20.4 million , down 15.5 % EBITDA margin : up 1.3 percentage points to 21.7 % • Positive net income of € 4.3 million • • B2B sales up 11 % , accounting for 5.9 % of revenue Net debt excluding borrowing costs stable at € 44.6 million € 10.2 million reduction in trade payables² This press release presents Group consolidated figures prepared on the basis of IFRS - EU . Classification of myDevices as a discontinued operation ( IFRS 5 ) . The Board of Directors met on October 20 , 2026 to approve the Group's annual financial statements . The audit procedures for these accounts have been completed and the audit report has been issued . Paris , France - October 21 , 2026 , 6:00 p.m. ( CET ) . Claranova ( Euronext Growth Paris : FR0013426004 - ALCLA ) , a pure - play software publisher , today announced its results for FY2025-2026 ( July 2025 - June 2026 ) , its first full fiscal year since completing its transition to a SaaS - focused business . Despite a decline in revenue concentrated in advertising revenue from Utilities and the Photo business , the Group's EBITDA margin improved increasing to 21.7 % , up from 20.4 % a year earlier . It also reported positive net income of € 4.3 million and maintained net debt excluding borrowing costs at € 44.6 million , while reducing trade payables by more than 50 % . The Documents / PDF business and the software component of Utilities both recorded growth , while B2B sales increased 11 % to account for 5.9 % of revenue , up from 4.5 % in FY2024- 2025. Recurring revenue accounted for 83 % of total revenue , compared with 75 % last year . FY 2025 In Єm Revenue EBITDA * FY 2026 93.7 118.0 20.4 24.1 EBITDA margin ( % of Revenue ) 21.7 % 20.4 % Recurring operating income 16.0 20.8 Recurring operating income ( % of revenue ) 17.1 % 17.6 % Net financial income ( expense ) ( 5.9 ) ( 37.1 ) Net income ( loss ) from continued operations 4.4 ( 27.5 ) 1 Like - for - like ( defined as at constant scope and exchange rates ) 2 Group trade payables reduced from € 20.1 million at June 30 , 2025 to € 9.9 million at June 30 , 2026 ANALYSTS - INVESTORS +33 1 41 27 19 74 ir@claranova.com CODES Ticker : CLA ISIN : FR0013426004 www.claranova.com FINANCIAL COMMUNICATIONS +33 1 75 77 54 68 ir@claranova.com PAGE 1/9