Q3 2025 Netcompany Group A/S Earnings Call Transcript

Oct 30, 2025 / 11:30 AM GMT

Release Date Price: kr306.4 (+5.29%)

Transcript

Key Points

Positve

Netcompany Group AS (NTCYF) reported a strong organic revenue growth of 8.5% in constant currencies for Q3 2025, driven by significant growth in both public and private sectors.
The integration of Netcompany Banking Services is progressing faster than anticipated, offering promising opportunities within the financial services industry.
The company has launched several AI-driven products and platforms, such as Vera and Amplio Estate, positioning itself as a leader in European digital sovereignty solutions.
Netcompany Group AS (NTCYF) has secured multiple strategic contracts across Europe, including partnerships with the Scottish government and public sector organizations in Greece.
The company has maintained a strong adjusted EBITDA margin of 19.1% for Q3 2025, demonstrating effective cost management and operational efficiency.

Negative

Netcompany Group AS (NTCYF) experienced a decline in revenue in Norway by 2%, attributed to a soft market for IT consulting services.
The inclusion of Netcompany Banking Services has negatively impacted the group's adjusted EBITDA margin by 2.5 percentage points.
Organic free cash flow decreased significantly from 145.3 million in Q3 2024 to negative 11.5 million in Q3 2025, mainly due to working capital developments.
The company faces challenges in the Norwegian market, with government spending and market conditions affecting growth prospects.
There is uncertainty regarding the long-term impact of the banking sector consolidation on Netcompany Group AS (NTCYF)'s business, with potential risks and opportunities in the evolving competitive landscape.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NETCG.CO - Netcompany Group A/S
Q3 2025 Netcompany Group A/S Earnings Call
Oct 30, 2025 / 11:30AM GMT

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Presentation
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Unidentified_1 [1]
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Welcome to Net Company's interim report for the 1st 9 months of 2025.

Today's call is being recorded. If you have any objections to this, please disconnect your line. All participants will be in a listen mode throughout the presentation. Afterwards, there will be a question-and-answer session. To ask a question, please press 5 star on your telephone keypad.

I would now like to introduce CEO Andrei Borgashevski and CFO Thomas Johansson. Andrea, please begin.

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Unidentified_2 [2]
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Good day and welcome to this presentation of Net Company

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