The NAGA Group Outpaces Expectations with H1 2026 Performance

The NAGA Group AG revealed their final H1 2026 results, surpassing preliminary estimates. EBITDA saw a 51% increase to EUR 4.5 million compared to H1 2025's EUR 3.0 million. The EBITDA margin improved from 9.3% to 16.3%. NAGA's net income hit EUR 1.1 million, a significant turnaround from the previous year's H1 loss of EUR 2.6 million.

Revenue reached EUR 27.7 million, down from EUR 32.3 million, reflecting a strategic focus on long-term customer value. The company reported a 32% rise in Customer Lifetime Value to EUR 2,757. Despite lower customer acquisition numbers, revenue channels became more controllable, growing from 36% to 53%.

Cash flow from operations increased to EUR 4.6 million, and cash reserves rose to EUR 10.5 million. NAGA remains upbeat about its prospects, expecting revenue to accelerate in H2 2026 while confirming its guidance for the year.