ecotel Reports Stable H1 2026 Results with 14.7% Revenue Growth and Improved Profitability

ecotel communication ag, a leading German quality provider for business customers, announced its financial results for the first half of 2026, demonstrating continued stable business development with significant improvements in revenue, earnings, and cash flow. Group revenue increased by 14.7% to EUR 65.4 million, up from EUR 57.0 million in the prior-year period, driven primarily by robust performance in the Wholesale segment and steady contributions from the Business Customer segment.

The Business Customer segment generated revenue of EUR 24.7 million, maintaining its stable performance. Meanwhile, the ecotel Wholesale segment saw revenue surge to EUR 40.7 million, compared with EUR 32.1 million in the previous year. This growth was largely fueled by the Voice business, with the Data business also contributing positively and enhancing overall value creation. Gross profit increased to EUR 18.7 million from EUR 17.8 million, reflecting improved operational efficiency.

EBITDA improved to EUR 3.7 million, up from EUR 3.2 million, while EBIT rose to EUR 1.5 million from EUR 0.9 million. Net income increased to EUR 0.9 million, and earnings per share (EPS) climbed to EUR 0.25, compared with EUR 0.20 in the prior year. These results underscore the company's ability to enhance profitability despite a challenging market environment.

Cash flow from operating activities turned significantly positive, reaching EUR 2.8 million, a stark contrast to the cash outflow of EUR 0.6 million in the same period last year. Free cash flow also improved substantially to EUR 0.9 million, up from EUR -2.8 million. As of June 30, 2026, the Group held cash and cash equivalents of EUR 1.4 million, with net financial assets improving by EUR 3.5 million year-on-year to EUR 1.4 million.

In August 2026, ecotel will make a VAT payment of EUR 2.8 million to avoid additional interest charges, despite maintaining its differing legal opinion and having filed legal remedies against the assessment notice. This payment will impact cash flow in the second half of the year, but the company remains confident in its solid financial and liquidity position.

Based on the first-half performance, ecotel confirms its guidance for fiscal year 2026, expecting revenue within the guided range, likely at the lower end. Management remains focused on maintaining stable operating performance, expanding higher-margin services, and sustainably strengthening the Group's financial position and balance sheet structure.

For more information, visit ecotel's website or view the original release on NewMediaWire.