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Fonecta Group Oy Interim report Q1 2026

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January – March 2026​

  • Revenue amounted to EUR 20.6 million (21.9). The decrease is mainly explained by the continued structural decline of the Directory Assistance business within Konnektio, and the deliberate decision to reduce exposure to low-margin pass-through media sales within Oikio.​
  • Adjusted EBITDA, including adjustments for EUR 0.5m of non-recurring items, increased by 18% to EUR 6.7 million (5.6). The growth is mainly driven by the operative efficiency improvements.​
  • Adjusted Operating profit increased by 25% to EUR 5.8 million (4.7).​
  • Cash flow from operating activities amounted to EUR 3.9 million (-1.3). The difference is explained by the positive development of operative results and a non-recurring change in net working capital in Q1 2025.​
  • Adjusted EBITDA (R12 pro forma as defined in the Terms and conditions of the bond) totalled EUR 27.5 million, implying leverage of 2.3x. ​

 

For further information, please contact:

Pekka Harju, CEO    Sara Kåberg, CFO

pekka.harju@fonecta.com   sara.kaberg@hitta.se

 +358 40 0400913    + 46 70 1820035

 

 

Fonecta in brief

Fonecta is a leading digital marketing and presence management partner for businesses in Finland and Sweden. The group is composed of three distinct businesses – Digital Presence, Digital Marketing and Taxi Platform services – with strong market positions and well-recognized brands in each. We serve primarily small and medium-sized enterprises through solutions such as Nordic Connect, Caller, Finder, and professional website services. Our business model combines recurring SaaS revenue with scalable digital marketing services, enabling predictable performance and long-term customer value. Fonecta’ s strategy focuses on developing efficient, data-driven products while continuously improving operational excellence.

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