Sidetrade: Record Order Intake of €5.16M in H1, Driven by AI
On July 21, 2026, Sidetrade announced a historic record of order intake for the first half of 2026, with €5.16M in new recurring subscriptions (+112% year-over-year), driven by the commercial launch of three native AI products. However, the revenue for the semester only showed a growth of +21%, as the integration of ezyCollect masked a modest organic growth of +6% in recurring revenue. This divergence illustrates the time lag between massive commercial capture and revenue realization, which will accelerate from the last quarter of 2026.
Order Intake Up 112%, Driven by AI Agents
Sidetrade recorded €5.16M in new recurring subscriptions (ARR) in the first half of 2026, up 112% year-over-year, surpassing the total order intake for 2025 (€4.32M) and representing 79% of the annual record set in 2024 (€6.53M). The second quarter alone contributed €3.11M in ARR, up 168% year-over-year, becoming the most productive quarter in the company's history. The commercial boom largely stems from the launch of native AI products: in just three months of operation (Q2 2026), these three offerings generated €1.02M in ARR, accounting for 33% of the total for the quarter. The portfolio includes Aimie Cash Collection Agent (launched in Q1), followed by Aimie IQ (natural language interface) and Agent Builder Studio (custom agent creation), all commercially launched in Q2 with firm pre-bookings. Among the clients of this first wave are multinationals such as Securitas, Accor, and Sodexo, with 80 AI agents on firm order (26 Aimie Agents and 54 Customer Agents).
Revenue Up 21%, But Organic Growth at +6%
The consolidated revenue for the semester amounts to €34.8M, up +21% at constant exchange rates (19% in reported figures). Subscription revenues, which account for 90% of total revenue, reached €31.3M, up +26% at constant exchange rates (+23% in reported figures). On a comparable scope basis (excluding the integration of ezyCollect since Q4 2025), the organic growth of subscriptions is +6%, revealing that the rebound is primarily driven by the recent acquisition and not by an acceleration of the existing portfolio. Sidetrade explains this moderate performance by the impact of the lower order intake recorded in 2025, a more tempered year commercially. The average duration of new contracts (48.8 months) shows high client confidence and increases visibility on future revenues.
2030 Goals: 50% of Revenue from Native AI and EBITDA Margin of 30 to 35%
The order intake from H1 2026 lays the foundation for an acceleration of revenue starting from Q4 2026 and beyond, thanks to the gradual monetization of the wave of contracts signed. The annual contract value (ACV) reached €9.3M (+58% year-over-year, +25% vs the 2024 record), while the total contract value (TCV) amounts to €18.71M (+194%), already exceeding by 53% the total TCV signed in 2025. Sidetrade confirms its strategic 'O2C Intelligence 2030' goals: to achieve more than 50% of revenue from native AI products by 2030 and an EBITDA margin of 30 to 35%. The receipt of The Hackett Group's Innovation 2026 Award on June 30, 2026, validates the internal agent approach, responding to a new market expectation: clients now prefer partners who apply the AI technologies they offer to themselves.
