Slide 1: Q1 2026 Results
Q1 2026 Results 29th April 2026
Slide 2: Presenter and Agenda
Presenter and Agenda 1 Q1 2026 Financial Review and Highlights 2 Q&A Indiresh Vivekananda CFO Tecnotree Investor Presentation Q4 Q1 2024 2026 All Figures in Million Euros (ME)
Slide 3: Results Q1 2026 – Key Metrics (1/2)
Results Q1 2026 – Key Metrics (1/2) Q1 2026- Change YoY - € 0.8 Mn Q1 2026: € 0.2 Mn Free Cash Flow Q1 2025: € 1 Mn +1.0% Revenue in Constant Q1 2026: € 17.1 Mn Currency Q1 2025: € 16.9 Mn Q1 2026: € 16.8 Mn Revenue Q1 2025: € 16.9 Mn −0.2% Q1 2026 : € 4.6 Mn EBIT Q1 2025 : € 4.5 Mn +1.8% Q1 2026 :
Slide 4: Results Q1 2026 – Key Metrics (2/2)
Results Q1 2026 – Key Metrics (2/2) Q1 2026- Change YoY Capex/Sales Q1 2026 : 9.5% -550 bps Q1 2025 : 15% -15.7% Q1 2026: € 6.4 Mn ARR Q1 2025: € 7.6 Mn Q1 2026 : 196 DSO Days Q1 2025 : 155 +26.4% +50% Q1 2026 : € 105.4 Mn Order Backlog Q1 2025 : € 70.3 Mn Tecnotree Investor Board Presentation Prese
Slide 5: Q1 2026 Financial performance highlights
Q1 2026 – Financial performance highlights MEUR Q1/26 Q1/25 Q1/24 Q1/23 • Revenue decreased slightly from previous year; In Revenue 16.8 16.9 16.3 15.5 constant currency revenue was € 17.1 Mn and Change YoY% -0.2% +4% +5% +17% increased by 1.0%. EBIT 4.6 4.5 4.4 3.6 • EBIT margin 27.4% (26.9%); +50
Slide 6: Q1 2026 Revenue Highlights
Q1 2026 – Revenue Highlights 2026 Guidance: low to mid - single digit % growth in constant currency Q1 2025 vs Q1 2026 Revenue by Region Q1 2026 Update 14.2 12.7 • Q1 € 16.8 Mn (-0.2% YoY) ; € 17.1 Mn in constant currency (+1.0% YoY) 4.2 2.7 • Revenue growth impacted by geopolitical conflicts in the
Slide 7: Q1 2026 EBIT Highlights
Q1 2026 – EBIT Highlights Q1 2026 Update EBIT Margin Evolution 2026 • EBIT of € 4.6 Mn (€ 4.5 Mn) +1.8% YoY Q1 2025 Q1 2026 • EBIT margin of 27.4% (26.9%), +50bps 4.6 EBIT 4.5 (1.8%) EBIT Margin 26.9% 27.4% EBIT Drivers • Capex/Sales reduced to 9.5% (15%) Capex/Sales Trends • Operating expenses rema
Slide 8: DSO Days increased due to collections impacted by geopolitical unrest in the Middle East
Q1 2026 – DSO Days increased due to collections impacted by geopolitical unrest in the Middle East 31.3.2026: Total AR € 38.2 Mn 31.12.2025: Total AR € 32.2 Mn (out of which € 2.8 Mn is provided for) (out of which 2.8 MEUR is provided for) >1 year Not due 24% >1 year Not due 27% 31% 34% 270-365 days
Slide 9: Currency Risk
Q1 2026 Currency Risk USD/EUR Trend Q1 2026 Q1 2026 Update • Favourable FX movements, supporting profitability • Exchange rate differences in financial items for the first quarter were € 1.0 Mn (€ -1.4 Mn), driven by slight strengthening of USD and weakening of INR against Euros. • In Q1 2026, we re
Slide 10: Q1 2026 Balance Sheet
Q1 2026 Balance Sheet Consolidated balance sheet, MEUR 31.3.2026 31.3.2025 31.12.2025 • Stable level of intangible assets –moving towards Non-current assets reduction in Capex/Sales Intangible assets 49.5 43.9 49.4 Tangible assets 0.0 0.1 0.0 Other non-current trade and other 1.2 2.2 1.3 receivables
Slide 11: 2026 Guidance
2026 Guidance Guidance for 2026 is a continuation of our strategy to drive higher returns and more FCF (free cashflow) for our shareholders Revenues Free Cashflow 2026 Constant Currency 2026 Low to Mid single > € 5 Mn digit % growth Assumption for Free Cash Flow guidance for 2026: Based on the compa
Slide 12: Public Tender Offer for the Shares and Equity Securities of Tecnotree Corporation
Public Tender Offer for the Shares and Equity Securities of Tecnotree Corporation On 27 January 2026, Tecnotree Corporation announced that Resilience Investment Holdings Ltd, acting on behalf of a consortium comprising Helios Investment Partners, Fitzroy Investments Limited and Padma Ravichander (th
Slide 13: Annual General Meeting
Annual General Meeting The Annual General Meeting has changed its date to Friday 29 May 2026. Further details will be shared soon.
Slide 14: Q1 2026 Takeaways
Q1 2026 Takeaways • Strong order backlog and stable revenue growth during uncertainties • Continued demand for product portfolio with 35% YoY growth in orders received • Delivery-led quarter, driven by ongoing large transformations • Lower FCF due to weaker collections, impacted by elevated geopolit
Slide 15: Q&A Session
Q&A Session Tecnotree Investor Tecnotree Board Presentation Presentation Q1Q4 Q1 2024 2026 2025 All All Figures Figures in in Million (ME) Euros (ME) Million Euros
Slide 16: Thank You
Thank You Empowering Digitally Connected Communities to over 90+ Telecom Providers around the world, since 1978