Slide 1: January 1 – June 30, 2026
January 1— June 30, 2026 cBrain A/S Kalkbreenderilobskaj 2 DK-2100 Copenhagen Denmark CVR no, 24233359
Slide 2: Key messages
Key messages cBrain returns to growth - with continued high profitability and increasing strategic momentum We have returned to growth cBrain maintains full-year guidance H1 revenue increased 6% to DKK 140m, with strong profitability and H2 revenue growth expected above 15%; full-year guidance maint
Slide 3: Revenue growth
Revenue growth Expected revenue growth for the second half of 2026 compared to second half of 2025 >15% Growth percentage 30% Growth estimate 25% High 20% Full-year revenue growth expectation 15% Low for 2026 10% 5% 10-15% 0% -5% Full-year EBT margin expectation for -10% 2026 20-25% H1 H2 H1 H2 H1 H
Slide 4: Financial results First half year
Financial results First half year Comments REVENUE split by REVENUE split by T.DKK Sales in Denmark and International T.DKK Software and Sales of Services • Revenue increased 6% to DKK 140m, primarily 140.000 140.000 driven by domestic sales. 120.000 120.000 100.000 100.000 • Denmark revenue increas
Slide 5: Vision and Strategy
Vision and Strategy AI is accelerating the shift from custombuilt software to preconfigured COTS for government. AI accelerates the structural shift AI strengthens the COTS business case AI-assisted development makes coding faster - increasing the strategic Faster technology cycles make a stable dig
Slide 6: Product strategy
Product strategy One platform. Four strategic initiatives.
Slide 7: AI-enabling the F2 platform
AI-enabling the F2 platform Turning AI into a growth driver - embedding AI directly into government processes and data environments. Embedded agentic AI F2 AI Task Specialist AI agents can perform defined administrative tasks inside structured, Specialists can screen information, analyze documents,
Slide 8: Financial highlights
Financial highlights T.DKK H1 2026 H1 2025 FY 2025 T.DKK H1 2026 H1 2025 FY 2025 Income statement Financial ratios Revenue 140.024 132.304 251.256 Revenue growth rate 6% 0% -6% Operating profit before depreciations and 51.351 46.932 87.519 EBITDA-margin 37% 35% 35% amortizations (EBITDA) Depreciatio
Slide 9: CBRAIN’
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Slide 10: Kalkbrænderiløbskaj 2 2100 København Ø Danmark
Kalkbrænderiløbskaj 2 2100 København Ø Danmark info@cbrain.com www.cbrain.com +45 7216 1811 cBrain, the cBrain logo, and cBrain F2 are either registered or unregistered trademarks of cBrain A/S in Denmark and/or other countries.