ecotel communication ag, a leading German quality provider for business customers, announced its financial results for the first half of 2026, showing continued stable business development with significant improvements in revenue, earnings, and cash flow.
Group revenue increased by 14.7% to EUR 65.4 million, up from EUR 57.0 million in the same period last year. The Business Customer segment remained stable with revenue of EUR 24.7 million, while the Wholesale segment saw a substantial rise to EUR 40.7 million from EUR 32.1 million, driven primarily by the Voice business. The Data business also contributed positively to value creation.
Gross profit improved to EUR 18.7 million compared with EUR 17.8 million in the previous year. EBITDA rose to EUR 3.7 million from EUR 3.2 million, and EBIT increased to EUR 1.5 million from EUR 0.9 million. Net income grew to EUR 0.9 million, with earnings per share (EPS) at EUR 0.25, up from EUR 0.20.
Cash flow from operating activities turned strongly positive, reaching EUR 2.8 million versus a cash outflow of EUR 0.6 million in the prior-year period. Free cash flow improved to EUR 0.9 million from EUR -2.8 million. As of 30 June 2026, the Group reported cash and cash equivalents of EUR 1.4 million and net financial assets of EUR 1.4 million, an improvement of EUR 3.5 million year-on-year.
In August 2026, ecotel will make a VAT payment of EUR 2.8 million to avoid additional interest charges, despite maintaining its differing legal opinion and having filed legal remedies against the assessment notice. This payment will affect cash flow for the remainder of the year, but the company retains a solid financial and liquidity position.
Based on the first-half performance, ecotel confirms its expectations for fiscal year 2026, expecting revenue to be at the lower end of its guided range. Management remains focused on maintaining stable operating performance, expanding higher-margin services, and strengthening the Group’s financial position and balance sheet structure.
For more information, visit ecotel.de or view the original release on NewMediaWire.
