ecotel communication ag, a leading German quality provider for business customers, reported continued stable business development in the first half of 2026, with group revenue increasing by 14.7% to EUR 65.4 million from EUR 57.0 million in the prior-year period. The company also improved its earnings and cash flow, reinforcing its financial position.
The Business Customer segment maintained stable performance, generating revenue of EUR 24.7 million. Meanwhile, the ecotel Wholesale segment saw revenue rise to EUR 40.7 million, up from EUR 32.1 million in the previous year. This growth was primarily driven by the Voice business, while the Data business also developed positively and contributed to further improvement in value creation.
Gross profit increased to EUR 18.7 million compared with EUR 17.8 million in the prior-year period. Based on this development, EBITDA improved to EUR 3.7 million (previous year: EUR 3.2 million), and EBIT rose to EUR 1.5 million (previous year: EUR 0.9 million). Net income increased to EUR 0.9 million (previous year: EUR 0.7 million), with earnings per share (EPS) rising to EUR 0.25 from EUR 0.20.
Cash flow developed significantly positively during the first half of the year. Cash flow from operating activities amounted to EUR 2.8 million, compared with a cash outflow of EUR 0.6 million in the prior-year period. Free cash flow also improved substantially to EUR 0.9 million, versus EUR -2.8 million in the previous year. As of 30 June 2026, the Group reported cash and cash equivalents of EUR 1.4 million. Net financial assets improved by EUR 3.5 million year-on-year to EUR 1.4 million.
In August 2026, ecotel will make a VAT payment of EUR 2.8 million. The payment is being made to avoid additional interest charges. Nevertheless, the company maintains its differing legal opinion and has filed legal remedies against the assessment notice. The payment will have a corresponding impact on cash flow during the remainder of the year. However, the Company continues to have a solid financial and liquidity position.
Based on the development during the first half of the year, ecotel confirms its expectations for fiscal year 2026. The Company continues to expect revenue within the guided range, likely at the lower end of the guidance. Management remains focused on maintaining stable operating performance, further expanding higher-margin services and sustainably strengthening the Group’s financial position and balance sheet structure.
For more information, visit ecotel's website or view the original release on NewMediaWire.
