Lleida.net earns €354,000 in the first half and cuts net debt

Lleida, October 21, 2026.- Listed technology services company Lleida.net (BME:LLN, EPA:ALLLN) posted a net profit of €354,000 in the first half of 2026.

Revenue reached €9.234 million and EBITDA €1.572 million, compared with €10.134 million and €2.195 million in the first half of 2025.

The figures come from the interim consolidated financial statements, subject to a limited review by the auditors, and confirm the preliminary results published on August 4.

Pre-tax profit stands at €426,000, compared with the €434,000 previously reported, and net financial debt improves on the preliminary figure by €91,000.

Revenue performance reflects the company’s change of business model, which replaces high-value wholesale contracts with thousands of end customers.

The customer base is growing faster than business volume.

Customer base

Lleida.net invoiced 5,567 unique customers in the half, up 52%, and issued 14,002 invoices, up 28%.

The company closed June with 12,545 active customers, its all-time high.

Revenue by business line

Notification grew 15% to €1.318 million, the best half in its historical series.

ICX Wholesale, the wholesale line and the largest by revenue, recorded €3.135 million, compared with €3.544 million a year earlier.

SMS Solutions invoiced €1.977 million (€2.121 million in 2025); Contracting, €1.606 million (€1.955 million); and Other SaaS, €1.198 million (€1.364 million).

SaaS services raised their share to 44.6% of revenue, compared with 44.1% a year earlier.

Year-on-year comparison (H1 2025 vs H1 2026)

Gross margin stood at €5.074 million, 55% of revenue, compared with €5.733 million and 57% a year earlier.

Personnel expenses stood at €2.759 million, a 5% saving, and external services at €1.208 million.

EBITDA excluding capitalized R&D, which amounted to €465,000, reached €1.107 million, compared with €1.663 million a year earlier.

Operating profit came in at €493,000 and pre-tax profit at €426,000, compared with €1.155 million and €970,000 in the first half of 2025.

The financial result improved 64%, with net financial expenses of €67,000 compared with €185,000 a year earlier.

Variations from the preliminary results

The differences stem from the remuneration of the board of directors, reclassified from external services to personnel expenses, the provision for customer balances and an adjustment to exchange differences.

Net profit of €354,000 includes €72,000 in corporate income tax.

Debt reduction

Net financial debt stood at €5.131 million at June 30, a reduction of €654,000 since year-end 2025.

Total financial debt was reduced by 10% to €6.3 million. The ratio of net financial debt to annualized EBITDA stands at 1.63x, compared with 1.43x at year-end 2025.

Equity increased by €358,000 to €5.894 million.

Working capital improved by €321,000 in the half, in line with one of the group’s objectives for 2026.

Regulatory framework

Since April 2025, Organic Law 1/2025 has required parties to demonstrate an attempt at out-of-court resolution before filing certain civil or commercial claims.

Lleida.net’s certified email provides proof of that step. A total of 16 Audiencias Provinciales (Spanish provincial courts) have accepted it in 42 final court orders issued between October 2025 and September 2026.

Founded in 1995, Lleida.net provides certified electronic notification, electronic contracting and digital signature services. It has been a qualified trust service provider under the European eIDAS Regulation since 2018, with equivalent certifications in Latin America, Morocco and the United Arab Emirates. The company holds more than 300 patents in more than 60 countries, and its shares are listed on BME Growth (Madrid), Euronext Growth (Paris) and the Frankfurt and Stuttgart stock exchanges.

SAFE HARBOR
This press release contains statements regarding the future of the Lleida.net company and its innovations. Statements regarding the future may be accompanied by words such as “anticipate”, “believe”, “estimate”, “wait”, “anticipate”, “pretend”, “power”, “plan”, “potential”, the use of future time and other terms of similar meaning. No undue reliance should be placed on these claims. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including uncertainty of the company’s commercial success, ability to protect our intellectual property rights, and other risks. These statements are based on current beliefs and forecasts and refer only to the date of this press release. The company assumes no obligation to publicly update its forward-looking statements, regardless of whether new information, future events or any other circumstance arise.