Business
TextMagic AS's consolidated audited annual report for the financial year 2025
The Supervisory Board of TextMagic AS has approved the company’s consolidated audited annual report for the financial year 2025. There are no material differences in the financial results of the audited consolidated report compared to the unaudited consolidated 12-month interim report published on February 25. The year 2025 in the TextMagic Group was characterised by several strategic decisions aimed at improving performance and operational efficiency in future periods. During the year, structur
About this update from Textmagic As
[{"type":"image","alt":"TextMagic AS","displaySize":"","headline":null,"caption":"TextMagic AS","className":"","disableSlideshowImg":false,"size":{"original":{"width":240,"height":240,"url":"https://media.zenfs.com/en/globenewswire.com/0d7bc54a3c24aaf607843c15d635290a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Y6ZsjoKThGPmZZ.PJrwrcw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/0d7bc54a3c24aaf607843c15d635290a","width":240,"height":240}},"lazy":false},{"type":"text","content":"The Supervisory Board of TextMagic AS has approved the company’s consolidated audited annual report for the financial year 2025. There are no material differences in the financial results of the audited consolidated report compared to the unaudited consolidated 12-month interim report published on February 25.","length":311,"tagName":"p"},{"type":"text","content":"The year 2025 in the TextMagic Group was characterised by several strategic decisions aimed at improving performance and operational efficiency in future periods. During the year, structural changes were implemented, including the sale of one business line and the initiation of the liquidation of a subsidiary, as well as the optimisation of development activities and the cost base.","length":384,"tagName":"p"},{"type":"text","content":"In 2025, the TextMagic Group generated revenue of €13,549 thousand, representing a 7% decrease compared to 2024 (2024: €14,533 thousand). The decline in revenue was significantly affected by the unfavourable exchange rates of the US dollar and the British pound. If exchange rates had remained at the 2024 level, revenue in 2025 would have totalled €14,015 thousand, representing a decrease of 4%.","length":397,"tagName":"p"},{"type":"text","content":"The Group recorded an operating loss of €611 thousand (2024: operating profit of €1,844 thousand). The loss was mainly due to the increase in depreciation, amortization and asset impairment expense by €1,418 thousand to €5,513 thousand (2024: €4,095 thousand), which had no cash impact during the reporting period.","length":314,"tagName":"p"},{"type":"text","content":"Management primarily assesses the Group’s performance based on EBITDA and its ability to generate operating cash flow. EBITDA amounted to €4,902 thousand (2024: €5,939 thousand), with an EBITDA margin of 36% (2024: 41%).","l...