Netcompany Group A/s · OMXCOP:NETC
Netcompany Group A/s — Q3 2025 Earnings Presentation
38 slides from Netcompany Group A/s's earnings presentation, Oct 30, 2025
Slide 1: Q3 2025 Company Announcement
Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 Netcompany Q3 2025 Company Announcement Nine months ended 30 September 2025 Continued growth and margin acceleration Conference call details In connection with the
Slide 2: Summary
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 Summary 30 October 2025 Organic Non-organic Revenue increased by 34.3% and 8.2% Organic diluted EPS on level with Q3 2024 Organic cash co
Slide 3: CEO comment
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 “In uncertain and volatile markets, we grew revenue by 34.3% in Q3 – including Netcompany Banking Services. Our organic r
Slide 4: Performance overview Q3
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Performance overview Q3 Company Announcement No. 31/2025 30 October 2025 Netcompany Banking Services Q3 2025 Q3 2025 % change non-organic % change DKK million (reported)
Slide 5: Continued performance overview Q3
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 CONTINUED PERFORMANCE OVERVIEW Q3 In Q3 2025, organic revenue grew 8.2% was impacted negatively by Netcompany Operating p
Slide 6: Business Segments Q3
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Business Segments Q3 Company Announcement No. 31/2025 30 October 2025 DKK million Revenue, % Q3 2025 Constant (2024 rate) Group Denmark SEE & EUI UK Norway Netherlands Ba
Slide 7: Continued Business Segments Q3
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 CONTINUED BUSINESS SEGMENTS Q3 Note that Netcompany Banking Services Client facing FTEs grew by 5.9% in Q3 Netcompany UK
Slide 8: Continued Business Segments Q3: Netcompany Netherlands
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 CONTINUED BUSINESS SEGMENTS Q3 Netcompany Netherlands Adjusted EBITDA was DKK 26.9m in Q3 Revenue in Netcompany Netherlan
Slide 9: Performance overview 9 months
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Performance overview 9 months Company Announcement No. 31/2025 30 October 2025 Netcompany Organic revenue grew 7.1% in the first nine Banking Services months of 2025 comp
Slide 10: Business Segments 9 months
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Business Segments 9 months Company Announcement No. 31/2025 30 October 2025 DKK million YTD 2025 Revenue, % DENMARK Constant (2024 rate) Group Denmark SEE & EUI UK Norway
Slide 11: Continued Business Segments 9 months
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 CONTINUED BUSINESS SEGMENTS 9 MONTHS Note that Netcompany Banking Services Netcompany SEE & EUI first nine months of 2025
Slide 12: Update on the acquisition of SDC
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Update on the acquisition of SDC Company Announcement No. 31/2025 30 October 2025 Transaction structure not exist under the IFRS interpretation even goodwill and customer
Slide 13: Revenue visibility
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Revenue visibility Company Announcement No. 31/2025 30 October 2025 The presented revenue visibility reflects the Revenue visibility in the private sector expected revenu
Slide 14: Workforce
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Workforce Company Announcement No. 31/2025 30 October 2025 Netcompany employed an average of 9,482 FTEs in Q3 2025, equal to an increase of Avg. FTEs increased to 9,482 d
Slide 15: Capital and other financial positions
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Capital and other financial positions Company Announcement No. 31/2025 30 October 2025 Free cash flow and cash conversion rate1 Normalised for taxes paid on account1, Not
Slide 16: Work in progress overview and investments
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 CONTINUED CASH FLOW AND OTHER SIGNIFICANT FINANCIAL POSITIONS Revenue in the prevailing 12 months (LTM) tional facility w
Slide 17: Guidance 2025
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Guidance 2025 Company Announcement No. 31/2025 30 October 2025 5%-10% 6%-8% 5%-10% Original expectation for Updated expectation for Long-term organic revenue organic reve
Slide 18: Shareholder information
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Shareholder information Company Announcement No. 31/2025 30 October 2025 Capital schemes were issued at 30 September At the Annual General Meeting in March 2025 of which
Slide 19: Statement of the Board of Directors and Executive Management
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Statement of the Board of Directors Company Announcement No. 31/2025 30 October 2025 and Executive Management Today, the Board of Directors and Executive the Group’s asse
Slide 20: Consolidated interim financial statements
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 Consolidated interim financial statements 20 38
Slide 21: Income statement and Statement of comprehensive income
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Income statement and Statement Company Announcement No. 31/2025 30 October 2025 of comprehensive income DKK million Note Q3 2025 Q3 2024 YTD 2025 YTD 2024 Total 2024 Inco
Slide 22: Continued income statement and comprehensive income
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 CONTINUED INCOME STATEMENT AND STATEMENT OF COMPREHENSIVE INCOME DKK million Note Q3 2025 Q3 2024 YTD 2025 YTD 2024 Total
Slide 23: Statement of financial position
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Statement of financial position Company Announcement No. 31/2025 30 October 2025 30 September 30 September 31 December 30 September 30 September 31 December DKK million N
Slide 24: Cash flow statement
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Cash flow statement Company Announcement No. 31/2025 30 October 2025 DKK million Q3 2025 Q3 2024 YTD 2025 YTD 2024 Total 2024 Operating profit (EBIT) -48.4 228.9 279.5 59
Slide 25: Statement of changes in Equity
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Statement of changes in Equity Company Announcement No. 31/2025 30 October 2025 Foreign currency Total equity, Non- Share Treasury Share-based translation Other Retained
Slide 26: Continued statement of changes in equity
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 CONTINUED STATEMENT OF CHANGES IN EQUITY Foreign currency Total equity, Non- Share Treasury Share-based translation Other
Slide 27: Segmentation
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 NOTE 1 Segmentation Group Denmark SEE & EUI UK Norway Netherlands Banking Services DKK million Q3 2025 Q3 2024 % change Q
Slide 28: Continued Segmentation
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 CONTINUED Segmentation Group Denmark SEE & EUI UK Norway Netherlands Banking Services DKK million YTD 2025 YTD 2024 % cha
Slide 29: Revenue split
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 NOTE 2 Revenue split % change % change DKK million Q3 2025 Q3 2024 Q3 YTD 2025 YTD 2024 YTD Revenue by type Public sector
Slide 30: Continued Revenue split
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 CONTINUED Revenue split Public sector Group Denmark SEE & EUI UK Norway Netherlands Banking Services DKK million YTD 2025
Slide 31: Cost of services, Administrative costs, Special items
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 NOTE 3 Cost of services DKK million Q3 2025 Q3 2024 YTD 2025 YTD 2024 Total 2024 Netcompany Banking services accounted fo
Slide 32: Financial income and expenses, Earnings per share
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 NOTE 6 Financial income and expenses DKK million Q3 2025 Q3 2024 YTD 2025 YTD 2024 Total 2024 Netcompany Banking services
Slide 33: Business combinations
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 NOTE 8 Business combinations Assets and liabilities recognised, DKK million Non-current assets Equity Technology 32.9 Sha
Slide 34: Contract work in progress, Provisions
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 NOTE 9 Contract work in progress 30 September 30 September 31 December Based on the current project portfolio DKK million
Slide 35: Income Statement classified by function
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 NOTE 11 Income Statement classified by function DKK million Q3 2025 Q3 2024 YTD 2025 YTD 2024 Total 2024 Income statement
Slide 36: Collateral provided and contingent liabilities, Related party transactions
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Company Announcement No. 31/2025 30 October 2025 NOTE 12 Collateral provided and NOTE 13 Related party transactions contingent liabilities In Q3 2025, Netcompany recognis
Slide 37: Formulas
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Formulas Company Announcement No. 31/2025 30 October 2025 Key figures and financial ratios have been compiled in accordance with the following calculation formulas. Days
Slide 38: Disclaimer
Continued growth and margin acceleration. Netcompany Group A/S Strandgade 3, 1401 Copenhagen Company Registration no. 39 48 89 14 Disclaimer Company Announcement No. 31/2025 30 October 2025 This report contains forward-looking state- Although Netcompany believes that the recruit and retain the right