AUSTRIACARD HOLDINGS AG Reports Strong Q1 2026 Financial Results

AUSTRIACARD HOLDINGS AG has announced robust financial results for Q1 2026, marked by significant growth in revenue and profit. The company reported a group revenue of €89.4 million, an increase of 8% compared to Q1 2025. This growth was notably driven by a substantial 83% rise in Digital Technologies revenues and a 7% increase in Identity & Payment solutions.

The group's EBITDA rose by 11% to €11.5 million, bolstered by a favorable revenue mix and higher-margin services. The EBITDA margin expanded to 12.9%, up by 30 basis points. Net profit reached €4.1 million, showcasing a remarkable 61% increase over the same period last year, attributed to EBIT growth and reduced interest expenses.

Despite a temporary €7.5 million outflow in operating cash flow due to seasonal working capital build-up, management anticipates improvement in the latter half of 2026. This outlook is based on the normalization of working capital, expected as Greek public sector digitization projects are completed.