Q.beyond AG Demonstrates Steady Progress in Q4

q.beyond AG recently shared its preliminary, unaudited FY25 figures, indicating stable top-line growth and enhanced profitability ahead of its Extraordinary General Meeting. Sales reached €183 million, representing a 1.4% increase on a comparable basis. Q4 showed improvements, with sales hitting €48.2 million despite a 5.9% decline in reported terms.

The company reported preliminary EBITDA of €12.3 million, translating to a 6.7% margin, bolstered partially by one-off effects. Consulting and increased near- and offshore ratios were significant growth drivers. Free cash flow was at €5.5 million, resulting in a net cash position of €42 million, allowing potential for acquisitions in FY26.

Despite challenging industry conditions, q.beyond plans to outperform market growth, with projected FY26 sales of €197 million. The company maintains a BUY recommendation with a target price of €1.30.