Slide 1: Q4 2025 Results Presentation
Q4 2025 Results Presentation 19 February 2026
Slide 2: The world’s largest survey exchange
The world’s largest survey exchange … get real-time … millions of B2B customers … to answers from programmatic respondents across in 70+ countries … Automated matching connection 130+ countries based on deep profiling data 23% Americas 1998 2021 700 4,000 166 Net Sales by region EMEA APAC Q4 2025
Slide 3: Q4 2025 figures in brief
Q4 2025 figures in brief Net sales Gross profit EUR 41.5m EUR 36.5m EUR 45.4m) 87.8% margin 88.7% OPEX EBITA EUR 25.7m EUR 10.8m EUR 27.6m) 26.0% margin 28.0 3
Slide 4: Q4 Group Performance
Q4 Group Performance The Sequential Pivot ● FX Dynamics: 63% USD concentration; Constant Currency best reveals underlying velocity. ● Sequential Inflection: Record 23.1% CC growth QoQ) confirms Q3 as the operational trough. ● Migration Validation: Customers migrated in Q3 outperformed group average
Slide 5: Platform consolidation and migration
Platform consolidation and migration Testimonials “We work quite closely with Cint on almost Since integrating with Cint Feed API any online project, at least for some of the Rewardia was able to scale our operations, sample. Cint has a unique capability to grow engagement and conversion rates, prov
Slide 6: Cint 2.0 Review (3-year strategy)
Cint 2.0 Review (3-year strategy) 2025: Consolidation Year 2026: Growth Year 2027: Maturity Year (The Foundation) (The Inflection) (The Full Potential) Platform Consolidation: Complete Growth Ramp: From operational Scaling Outcomes: Full market the launch Cint Exchange recovery to revenue accelerati
Slide 7: 2025: Consolidation Review
2025: Consolidation Review What Worked What Challenged Us Ahead of Schedule (Operational & Financial) (Realities of Transition) (Strategic Acceleration) First net cash position since 2021 Migration Pivot: Q3 cutover Outcomes Pull-Forward: Affinity EUR 7.8m) via rights issue and triggered a 20.4%
Slide 8: Cint Exchange
Cint Exchange Recovery & De-risking Transitions ● Commercial Stabilization: Diminishing migration headwinds reveal underlying resilience; recovery continues as we navigate broader churn and macro-economic spending issues ● Strategic Extension: Legacy Cint migrations extended to H1 2026 to prioritize
Slide 9: Media Measurement
Media Measurement Innovation-Led Acceleration ● Media Measurement leads with 17.4% CC growth, continuing 2025 momentum ● Election spend pull-forward created tough 2024 comparables ● Launched deterministic Social Measurement for TikTok, Meta, and YouTube platforms ● Forced Exposure released, lowers t
Slide 10: Finance Leadership: Continuity and Operational Strength
Finance Leadership: Continuity and Operational Strength Jeremy Fletcher Niels Boon Interim CFO Corporate & Markets Internal External Scope: Internal Finance Leadership & People Scope: Public Market Reporting & External Management. Stakeholders. Priority: Strengthening internal execution, resource Pr
Slide 11: Foundation Laid for 2026 Growth Year
Foundation Laid for 2026 Growth Year Platform & Product: GTM & Market Traction: Data & AI Strategy: From Build to Innovation Maturity & Green Shoots The Multiplier Effect Exchange Foundation: Mature Exchange GTM Fully Partnership Wins: Reinvigorated Infrastructure complete; pivoting operational str
Slide 12: Financial update
Cint Financial update cint.com
Slide 13: Financial targets
Financial targets Sales growth Cint aims to achieve a medium term annual organic sales growth of 10% Profitability Cint aims to achieve a medium term EBITA margin of 25% Target net debt / EBITDA below 2.5x Leverage This ratio may temporarily be exceeded, for example as a result of acquisitions) Ci
Slide 14: Q4 2025 financials
Q4 2025 financials Net sales EURm Gross profit & margin EURm, % EBITA & margin EURm, % ● Total net sales declined by 8.5% ● Gross profit in the quarter ● EBITA amounted to EUR to EUR 41.5m 45.4, or 1.2% in amounted to EUR 36.5m 10.8m 12.7) as a result of constant currency 40.2) due to lowe
Slide 15: Net sales development
Net sales development Business segments EURm Regions EURm ● Cint Exchange net sales decreased by 16.1% 10.1% in ● Net sales in the Americas region increased by 0.2% to constant currency), impacted by the customer migration as EUR 29.3m 29.2) and increased by 8.8% in constant currency, driven
Slide 16: Cost control softening impact of sales decline
Cost control softening impact of sales decline Key comments ● Total net sales declined by 8.5% to EUR 41.5m 45.4) and by 1.2% on a constant currency basis ● Lower gross margins at 87.8% 88.7, as a result of lower sales, despite a lower absolute cost of services sold ● Lower operating expenses of
Slide 17: Strong cash flows drove first net cash position in four years
Strong cash flows drove first net cash position in four years Key comments ● Net cash flow improved by EUR 9.8m year-on-year, mainly driven by cash flow from operating activities improving by EUR 14.0m to EUR 21.4m. ● Changes in working capital EUR 10.8m) vastly outweighed lower operating cash flo
Slide 18: Working capital reached its lowest point in 1.5 years
Working capital reached its lowest point in 1.5 years Key comments ● Lowest net working capital of EUR 36.8m EUR 7.4m) at the end of the period, since H1 2024 ● Positvely, accounts receivable increased by just € 1.5m to €81.8m during Q4ʼs high season, compared to an increase of € 16.3m to €120.0m
Slide 19: Thank you
Cint Thank you cint.com
Slide 20: Reference slides
: Cint Reference slides. cint.com
Slide 21: Strategic evolution
| | Strategic evolution Cint 2.0 New 3-year strategy) Consolidation, Short-term focus standardisation on profitability Acquisition of Cint Exchange fully Reaching the full and optimisation and operational US-based Lucid launched, and migration potential of Cint of the business cash-flow completed 2
Slide 22: Background and vision | Route forward | Cint 2.0 at full potential
Background and vision | Route forward | Cint 2.0 at full potential Over the next 3 years, Cint will continue to transform the insights industry and be the reference marketplace for research ● Simple and intuitive User Interface Our strategic vision ● Fully automated and enhanced by Artificial Intell
Slide 23: To do so, we will focus our investments in 2 key areas…
Background and vision | Route forward | Cint 2.0 at full potential To do so, we will focus our investments in 2 key areas… Media Measurement Cint Exchange Maintain Media Measurement growth by Continue building the largest, most advanced defending and increasing our Technology market research platfor
Slide 24: …enabling the pursuit of key strategic objectives…
Background and vision | Route forward | Cint 2.0 at full potential …enabling the pursuit of key strategic objectives… 1 Win in the core markets Net Sales contribution to growth 2024 2027 1. Consolidate technology platform during 2025 Illustrative 2. Improve conversion rates, increase customer sa
Slide 25: Business review
Business review Q4 showed commercial Q4 2025 stabilization, improving from the low point experienced in Q3 ● Sales were impacted by the Cint Exchange migration and weaker marketing budgets, though this was partially mitigated by positive growth in Media Measurement ● Tight cost control helped mainta
Slide 26: Investment in innovation
Investment in innovation Q4 2025 Operational focus has shifted ● Major upgrade released to the Cint Exchange, from consolidation to innovation introducing our new API version and a fully revamped Developer Portal ● A platform level measurement solution introduced enabling our ability to measure the
Slide 27: Q4 Group Financial Performance – The Sequential Pivot
Q4 Group Financial Performance – The Sequential Pivot Visual Focus: A side-by-side comparison of Reported EUR) vs. Constant Currency CC growth, and a bridge showing the 23.1% sequential growth from Q3 to Q4. Key Metrics: ● Net Sales: €41.5m ● EBITA: €10.8m (26.0% margin) ● Sequential Growth (Q4 v
Slide 28: Platform consolidation and migration
Platform consolidation and migration Testimonials “We work quite closely with Cint on almost any online Consolidation project, at least for some of the sample. Cint has a unique capability to provide data almost anywhere…I donʼt think there is anyone that can do it better than Cintˮ ● Focus on the o
Slide 29: Cint Exchange – Recovery & De-risked Transition
Cint Exchange – Recovery & De-risked Transition Visual Focus: A chart showing the Exchange recovery trend CC. A timeline for the 1H 2026 migration extension and the "Lucid Upgrade" rollout. Key Points: ● Exchange Growth (CC): Rebounding from -27.2% (Q3) to -16.1% (Q4). ● Migration Update: Strategi
Slide 30: Media Measurement – Innovation-Led Acceleration
Media Measurement – Innovation-Led Acceleration Visual Focus: Large "17.4% CC Growth" callout. Icons for TikTok/Meta/YouTube Social and Forced Exposure. A "Roadmap Pull-Forward" graphic for Outcomes. Key Points: ● CC Growth: +17.4% (vs. lower reported growth). ● New Capabilities: Deterministic So
Slide 31: Three Pillars of the 2026 View
Three Pillars of the 2026 View Top Track The Lead-in): "Having completed the heavy lifting of our platform integration and data strategy in 2025, we are entering 2026 with a de-risked operating model. Our focus has shifted from internal product build to market-facing innovation, allowing us to leve