2025 results and 2026 objectives (Growth trend in the six-month next cycles)

 (2026-01-29)

   2025 results and 2026 objectives 

"Netgem (Euronext Growth: ALNTG) announces consolidated revenue of €31.7 million in 2025 (€33.8 million in 2024) and a gross profit of €22.8 million in 2025 (€23.6 million in 2024). 

Year recurring revenue grew by +3%, in accordance with the objectives announced in October 2025 and now represents nearly 77% of total revenue. 

Revenue for the second half of 2025 grew by 6% compared to the first half.  "

Growth trend in the six-month cycle, confirmed in all indicators:

Key Achievements in 2025 & Outlook 2026

"(...)

The successful launch of Netgem PLEIO in the UK at the end of 2025, in B2C and with Altnets operators (BRSK, Connect Fibre, Voneus, WightFibre to date), confirmed the potential of this solution. Its deployment is expected to accelerate in 2026, via current service distributors and with new operators expected in the first half of the year:

France should also see positive momentum in 2026, particularly with the launch of the PLEIO solution by the operator Vialis. The Indian market, with the operator Jio, saw growth in the second half of the year, with favorable prospects for 2026.

(...)

The activity returned to growth in the second half of 2025, driven by the first significant revenues from the generative AI subtitling solution, TheSubtil.ai, and the renewal of major content preservation contracts. 

This momentum is expected to continue in 2026 with the launch of new AI-based service offerings. Financial Strength 

The Group's gross cash position stands at €5.9 million as of December 31, 2025. Based on this financial strength, the increasing momentum of growth drivers, and a business model now largely recurring, 

Netgem approaches 2026 with confidence. Mathias Hautefort, CEO of the Netgem group, declared: « In 2025, we focused our efforts on renewing our product range to meet the rapid evolution of digital content consumption patterns. 

Netgem is thus positioned as the trusted European partner for publishers and telecom operators in enhancing the value of content. This strategy underscores our transformation into a digital content services platform, capable of funding our innovations while ensuring a regular return to our shareholders.»  (...)"

Financial Communication Calendar 2026:

● 2025 Results: Thursday, March 26, 2026 

● Q1 2026 Update: Thursday, May 28, 2026 

● General Meeting: Thursday, May 28, 2026, 2:30 PM 

● H1 2026 Results: Thursday, July 30, 2026 

● Q3 2026 Update: Thursday, October 15, 2026 

To reamember:

SOURCE: https://www.netgem.com/en/investors/regulatory-press-releases

-----------------------

To read:

Résultat opérationnel courant - prévisions:

Source:

https://www.elcorp.com/documents/155/2026-01-30_08_00_Flash_Netgem_CA2025.pdf

Netgem’s ‘PLEIO’ with Freely finaly, available at Brsk - bettertv

 (November 25, 2025) 

Brsk becomes the first UK ISP to launch Netgem’s ‘PLEIO’ with Freely !

      The enhanced BetterTV service is available exclusively to new brsk full fibre broadband customers.

👉​ Normally priced at £10 per month, the service is available at a launch promotional rate of £5 per month 👈​
     (with a £10 activation fee) until 31 January 2026.

https://pleio-tv.zendesk.com/hc/en-us

Following last week’s unveiling of PLEIO, Netgem’s new all-IP streaming puck, brsk (part of Netomnia Group - Netomnia+YouFibre+brsk) has been announced as the first full Fibre ISP in the UK to launch the product – placing Freely at the heart of its consumer offer.

https://netgem.co.uk/brsk-extends-partnership-with-netgem-throughpleio-expanding-the-reach-of-bettertv-to-all-customer-segments-with-freely/

-----------

👉​ 1) Brsk becomes the first UK ISP to launch Netgem’s ‘PLEIO’ with Freely

Source (Nov, 25, 2025): https://netgem.co.uk/brsk-extends-partnership-with-netgem-throughpleio-expanding-the-reach-of-bettertv-to-all-customer-segments-with-freely/

👉​ 2) "BetterTV Powered by Netgem PLEIO"

Source (Nov, 27, 2025): https://www.brsk.co.uk/bettertv

👉​ 3) Figures for Netomnia (post-merger with Brsk / including its retail brands):

Q3 2025 (https://www.netomnia.com/news/netomnia-youfibre-brsk-q3-2025-results/)
~ 2.80 million premises serviceable 
~ 396,000 premises connected

~ 5 million premises serviceable planned for 2027

Source: https://www.brsk.co.uk/news/brsk-to-merge-with-netomnia-here-s-to-becoming-the-second-largest-alternative-network-in-the-uk

⛛

Finaly available @ UK: GET Netgem PLEIO HERE

(21 November 2025 update#

Netgem PLEIO is a significant upgrade from Netgem TV: https://netgem.co.uk/pleio/

(31 octobre 2025)

Finaly available @ UK: GET Netgem PLEIO HERE:

(Freely TV and gaming device)

1) https://www.amazon.co.uk/dp/B0FLZ7Z498

2) https://www.connectfibre.co.uk/tv

3) https://www.wightfibre.com/wightfibre-tv

4) https://www.brsk.co.uk/bettertv

*Subscribe for £9.99 per month

(After trial period. Device required)

source

What is Netgem PLEIO?

Netgem TV has significantly upgraded to Netgem PLEIO: a brand new, all IP streaming device. We like to call this hand-sized and portable device “the puck”.

Here’s what we’ve added: the widest range of streaming apps on the market, even more extra Channels, and Cloud Gaming for the whole family.

Here’s what we’ve taken away: any need for an old school TV aerial, so all you need is WiFi!

Here’s what we’ve kept: a great price point, and all the content our customers love.

Sounds pretty good, right? PLEIO was built for three purposes: WATCH. STREAM. PLAY.

WATCH

All the TV you grew up with – the BBC, ITV, Channel 4, Channel 5, and more and more than 40 other channels are brought to you via Freely. So you can watch the nation’s appointment television live with everyone else – (The Traitors, anyone?), and dig into the massive back catalogues with the catch-up apps.

On top of Freely, we’ve thrown in over 120 extra channels – accessible live 24/7, and covering everything from sports, documentaries and cooking shows.

Did we mention you don’t need an aerial?

All you need is WiFi!

What is PLEIO? 

https://pleio-tv.zendesk.com/hc/en-us/articles/30005703618333-What-is-PLEIO

https://pleio-tv.zendesk.com/

______________________________________________

UPDATE (11 november 2025):

👉 Already available online @ AMAZON.CO.UK:

4K Streaming Device with Freely Live TV Catch-up Apps over WiFi Extra Channels Cloud Gaming Gamepad Voice Remote Netflix...

This item cannot be dispatched to your selected delivery location. Please choose a different delivery location.

• Freely: Access to more shows than any UK streaming service, with all your favourite shows from BBC iPlayer, ITVX, 4, 5, U, WATCH FREE UK, PBS America and more, all in one place. More than 55 live channels, with new and exclusive channels added this year. No dish or aerial needed. No subscription required to access Freely. Freely is always free and included.
• Enjoy 125+ extra channels on top of Freely. (3 months PLEIO subscription included).
• Access to 250+ games with Cloud Gaming with no downloads or console required (3 months PLEIO subscription included).
• On your terms: Subscribe or log in to your existing account to your favourite streaming services: Netflix, Amazon Prime, Youtube, Disney+, Dazn, Now, Discovery+ (TNT Sports), Paramount+, Spotify and many more
• Compatible with all TV models with a HDMI connection, no need to purchase a new TV.
• Wireless gaming controller included
• Watch TV in any room (with WiFi)
• Mini-Guide to help easily switch between channels; move seamlessly from live to on demand Pause and restart live TV Save all your favourite shows from the UK’s biggest free-to-air broadcasters with My List
• PLEIO subscription is an optional £9.99 after trial period (250+ Cloud Games and 150+ Extra Channels)

https://www.connectfibre.co.uk/tv

Available at:

1) https://www.amazon.co.uk/dp/B0FLZ7Z498

2) https://www.connectfibre.co.uk/tv

3) https://www.wightfibre.com/wightfibre-tv

4) https://www.brsk.co.uk/bettertv

About ConnectFibre TV Offer (by Netgem TV)

Connect TV (powered by Netgem TV)

was available to Connect Fibre existing and new customers in March 2023.

------

update (Mar 7th, 2025):

Broadband ISP Connect Fibre Add Wi-Fi 7 At No Extra Cost for UK Homes

"BRSK ET NETOMNIA: FUSION AU ROYAUME-UNI"

(15 juin 2024)

"Brsk et Netomnia 

conviennent d'une grande fusion 

haut débit entièrement fibre au Royaume-Uni"

Avant  la fusion, Brsk ne comptait que :

👉 552,000 foyers

👉 41 200 clients 

👉​ 1 million de foyers comme objectif d'atteindre d'ici 2026

APRÈS LA FUSION AVEC NETOMNIA (en 15 juin 2024):

👉 1,5 millions de foyers/ locaux (RFS)

​👉 140 000 clients (immédiatement après la fusion)

👉​ 3 millions de foyers/locaux (couverture) à la fin de 2025

Rapeller que  "Better TV" de Brsk est propulsé par Netgem.TV:

~

Award-winning UHD TV Box

Stream in glorious 4K with Dolby Atmos sound (compatible TVs only) for a fully immersive viewing experience. Plus, it's compatible with Alexa.

Stream big. Spend small.

Catch the latest free TV and premium add-ons all in one place

👉"The newly merged group will thus have a combined network footprint of 1.5 million premises (RFS) and a customer base of 140,000 immediately post-merger, with a target of reaching 3 million premises (coverage) by the end of 2025."

Source: https://www.ispreview.co.uk/index.php/2024/06/brsk-and-netomnia-agree-large-uk-full-fibre-broadband-merger.html

NETGEM indicateurs de profitabilité 2024: UP

 (28 mars 2024)

Résultats annuels 2023 et Objectifs 2024 

1. Croissance accélérée de tous les indicateurs de profitabilité 
2. Chiffre d’affaires récurrent +55%, 
3. EBITDA +14%, 
4. Net cash +16%, 
5. ROC positif 
6. Dividende annuel de 5cts d’euros par action 
7. Fin 2023 avec plus de 677.000 abonnés netgem.tv, gérés pour le compte d’une vingtaine d’opérateurs de télécommunication fixe en Europe. 

Perspectives 2024 

👉 Netgem confirme son objectif de croissance des revenus récurrents de l’ordre de 10% en 2024  

👉 Netgem devrait ainsi encore améliorer en 2024 ses indicateurs de rentabilité et de génération de cash-flow. 

Mathias Hautefort, Directeur Général de Netgem, déclare :

👉 Les opérations de l'année écoulée nous ont placé de manière solide sur le marché des technologies et services à l’industrie du divertissement vidéo. 

👉 Notre activité est rentable, sans dette et dispose d'une excellente visibilité grâce à la forte récurrence des revenus. 

👉 La diminution de nos capex dans le segment Télécom (iptv) nous permettra de générer un free cash flow croissant dans les prochaines années. 

👉 Notre priorité est de réinvestir ces cash flows dans l'accélération de la croissance, soit endogène soit par croissance externe”. 

Source: 

https://www.netgem.com/fr/investisseurs/communiques-de-presse-reglementes

2023 Results - SFAF analysts call - March 28th 2024:

https://www.netgem.com/sites/default/files/netgem/fichiers/news/Réunion%20SFAF%20Netgem%202024%2003%2028%20%20-%202023%20Results%20&%202024%20Perspectives_0.pdf

ZTE and Netgem: new cloud gaming on Android TV

September 15, 2023

ZTE and Netgem collaborate again,

now to deliver a new immersive TV experience 

with cloud gaming on Android TV

This new collaboration between ZTE and Netgem extends beyond the realms of hardware and software. 

Both companies are poised to engage in comprehensive marketing efforts and other forms of collaboration, with the goal of bolstering the competitive edge in the market of the complete range of Android TV STBs and Netgem Immersive TV platform. 

This synergistic partnership harnesses the strengths of each company, creating a platform for expanded entertainment choices and further advancing the evolution of the entertainment industry, particularly for telecom operators seeking to boost their 5G and fibre customer adoptions.

Source: https://www.zte.com.cn/global/about/news/zte-and-netgem-collaborate-to-deliver-a-new-immersive-tv-experience-with-cloud-gaming-on-android-tv.html

More:

2019/3/13 - ZTE and Netgem Sign Strategic Partnership to Address the European Fiber Market

https://www.zte.com.cn/global/about/news/20190313e1.html

13-08-2024 - https://itchannelpro.nl/wt-group-en-zte-seminar-the-fiber-evolution-for-better-roi/

NEW: Netgem Immersive TV with gaming

 12-09-2023

Netgem news: Immersive TV with gaming

An all-encompassing entertainment platform designed to enhance the TV viewing experience

Energise 5G & fibre growth

Integrate Cloud Gaming with TV services to create enticing new bundles and give customers a compelling reason to make the switch.

To see:

https://www.netgem.com/en/our-expertise/immersive-tv

More info @

https://show.ibc.org/ce/netgem

New Channels @ Netgem TV (Aug & Sept 2023)

 New Channels @ Netgem TV

    1 Sept 2023: NEW KIDS AREA  - Back to School

    25 Aug 2023: NOSEY AND BEOND TV

    18 Aug 2023: Love The Plannet, Love Wine

    5 Aug 2023: NextUp Live Comedy

ZTE & Netgem relationship solidifies!

(2023-06-07)

"Jianbo Wang, CEO of ZTE France & Benelux:

👉  “We are very pleased to work with Netgem on launching a new generation of TV & Streaming services, now available across our range of leading edge Android TV STBs and dongles. 

This combination of exciting Streaming services offers great opportunities for Telecom operators to differentiate themselves in a very cost effective way with innovative TV devices, and we will be building on this first launch with Zeop to expand the new joint proposition to more Operators across Europe.”"

"...Now Netgem can offer any operator wishing to evolve their TV UX and embrace more content, with a very fast time-to-market, running on any Android TV STB. 

Netgem not only offers a future-proof solution for Operators with a strong central innovation Roadmap, but also delivers savings in terms of Capex and Opex to the Operators with the combination of its Cloud-based aggregation Platform and cost-effective Android TV devices provided in partnership with ZTE."

Source (2023-06-07):

Netgem launches latest Multiscreen TV service for ZEOP in France, with new Netgem UI on Android TV

Netgem launches a complete revamp of the Zeop TV product in the ‘La Reunion’ territory in France @ 2023-06-07

"Zeop TV, with a reach of 100,000+ customers, is at this occasion enhanced with 12 more Replay services, added to the best quality live experience, all accessible via the same acclaimed UI for ‘the most advanced TV service’, already running on Netgem TV boxes, Apple TV, Laptop browsers and Mobile Apps." (2023)

"Plus de 300 000 foyers sont déjà raccordables à la fibre et zeop poursuit son déploiement.  (2023)

The estimated number of Internet users in La Réunion is 480,000. ... La Réunion’s Internet market is highly competitive compared to the rest of France, with a choice of six service providers for a population of only 860,000 – a density of operators unique to the island. This high market penetration doesn’t mean an end to growth, however, as the rapid deployment of fibre-optic technology shows. When it comes to fibre to the home (FTTH), La Réunion is way ahead of France with approximately 75 percent of Réunionese homes now connectable. In locations where there are two or three co-existing fibre networks, of which Zeop is one, the high level of competition has helped the fast deployment of fibre over the whole island. (2019)" 

Netgem raises ARR for 2023 to over 25% !

25th May 2023 -  Investor's Presentation - Analysts meeting

------------------------

2023 05 25 - PR CP Netgem | point d'activité ENG:

✓ At the end of April, the group had 609,000 NetgemTV subscribers, 

   managed on behalf of its operator customers, up 19% since the start of the year

 ✓ Netgem raises its ARR  growth target for 2023 to over 25% 

✓ The period was marked by the sale of the fibre business to French operator Nordnet.