MotorK H1 FY26 adjusted EBITDA more than doubles to €2.12 million; revenue falls 9% to €18.48 million

Reuters2026/07/24 16:02

By:Reuters

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MotorK posted revenue of €18.48 million, down 9% year on year, while net loss widened to €6.3 million.
Adjusted EBITDA more than doubled to €2.12 million; IFRS EBITDA rose to €673,000 from €43,000.
Committed annual recurring revenue fell 7.5% to €33.1 million; ARR slipped 6.5% to €30.2 million on exits from low-margin contracts.
Cash EBITDA improved to negative €0.8 million; net borrowing position stood at €14.1 million.
Guidance calls for close-to-flat CARR growth in FY26, targeting full-year break-even Cash EBITDA.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Motork plc published the original content used to generate this news brief via Business Wire (Ref. ID: 20260724758288) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MotorK H1 FY26 adjusted EBITDA more than doubles to €2.12 million; revenue falls 9% to €18.48 million

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