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

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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

⛛

(Feb 19th, 2025)

"Netgem TV to Deliver Free FIFA+ Content via Supporting UK Broadband ISPs

Netgem TV has today announced that their IPTV box and service, which is typically bundled by broadband ISPs like Brsk, TalkTalk, ConnectFibre, CommunityFibre  and others, will benefit from a new collaboration with the FIFA+ streaming platform that will bring “unparalleled access to free, high-quality football content” to users of the service."​

​👉 Brsk (Better TV),
👉 TalkTalk,
👉​ Connect Fibre,
👉​ CommunityFibre

"The agreement will see FIFA+ support being added to their platform, starting with the UK and Ireland “this month“, followed by France and other regions across Europe."

Sources:

https://www.ispreview.co.uk/index.php/2025/02/netgem-tv-to-deliver-free-fifa-content-via-supporting-uk-broadband-isps.html#respond

https://www.netgem.com/en/news/free-football-all-netgem-fifa-team-european-rollout

"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: Growth of +30% in ARR guaranteed for 2023

Growth of +30% in Annual Recurring Revenue

already guaranteed for 2023

Trading Update of 19 October 2023

"Confirmation of the ARR* growth objective of 30% in 2023:

 ✓ Strong commercial activity for Netgem’s “Immersive TV” offer integrating Content and Cloud Gaming for operators 

✓ Continuing integration of the acquired Eclair subsidiaries to provide new offers from 2024, and an axis of profitability and complementary growth 

✓ ESG Gold mark (score 73/100) attributed by Ethifinance for year 2022

The group is also continuing to grow its subscriber base in its different geographic markets, in particular with its customers Zeop in France, Elisa in Finland and TalkTalk in the United Kingdom. British telecom operator brsk also launched its new television service"Better.TV" with the Netgem TV platform.

  France Channel launched its service on Amazon Channel. (...)"

*  Annual Recurring Revenue.

 
_________________________

Revenue:

Revenue in 2021 = 28.3 MEur

Revenue in 2022 = 36.3 MEur  (+28%)

Revenue in 2023 =~ ? MEur  (+?%) 

Revenue for H1 2023 amounts to €18.1M (H1 2022: €16.3M), up 11% on the same period in 2022. ARR H1 2023 was €10.1M (H1 2022: €6.1M), up 65%. This growth translates into a 4% increase in gross margin to €10M.

Continued control of operating costs combined with growth in gross margin resulted in a 21% increase in Ebitda H1 2023 to €3.8M (H1 2022: €3.2M).

Source:

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

https://www.netgem.com/en/investors/regulatory-information

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24 OCTOBRE 2023:

Source