Q4 Interim Report 2025

Today, we announce the financial results of our fourth quarter. Whilst reporting a softer quarter overall due to temporary headwinds concentrated amongst a small number of larger clients, our broader customer base has delivered a healthy underlying growth of around 17 million NOK, of which we expect a gradual return to organic growth over the coming quarters.
The published report includes:
Emphasis on temporary headwinds that are expected to pass
Targeted commercial initiatives are underway to restore volumes on isolated decliners
Strong contract wins for the year, up 17% year-on-year, and the second strongest quarter for RCS contract wins ever
Robust M&A pipeline representing more than EUR 50 million in potential cash EBITDA, supporting continued scale and profitability
CEO, Thomas Berge says, “Despite temporary headwinds by a limited number of customers, the broader business remains strong, with healthy underlying growth, solid contract momentum, increasing traction in CPaaS and OTT solutions, and continued strong performance from our recent acquisitions.”