Nextedia: Net Income Up 4.1% in First Half 2026, Revenue Nearly Stable at €28.7M
Nextedia published its first half 2026 accounts on September 23, 2026, marked by a 4.1% increase in net income to €0.9M, with nearly stable revenue.
The deconsolidation of Ornidex as of January 1, 2026 and the continuation of restructuring measures structure the entire publication: on a reported basis, revenue, EBITDA and operating income decline, while constant perimeter revenue and adjusted operating income advance.
Revenue of €28.7M, Up 1.0% at Constant Perimeter
As of June 30, 2026, the group specializing in cybersecurity, digital and customer experience recorded consolidated revenue of €28.7M. On a reported basis, this level is down 0.6% compared to the first half of 2025. At constant perimeter, excluding Ornidex's contribution deconsolidated on January 1, 2026, it grew by 1.0%.
The breakdown by division reveals two distinct dynamics. Customer Experience activity stands at €14.1M, declining 2.1% at constant perimeter. Cybersecurity & Digital Workspace activity reaches €14.6M, growing 4.2%.
Ornidex Adjustments and Restructuring Costs Behind the Gap Between Reported and Adjusted Results
The first half of 2026 included approximately €0.3M in non-recurring charges related to departures, as part of the group's strategic refocus. After accounting for these items, EBITDA declined 15.2% and stands at €1.2M, while operating income is €1.1M, down 14.6% on a reported basis.
Adjusted for Ornidex's contribution and restructuring costs over both periods, adjusted operating income stands at €1.4M, up 3.7% compared to the first half of 2025. Semester net income reaches €0.9M, up 4.1%. Group net income stands at €0.8M, up 20.8%, an evolution the company relates to the decline in minority interests following Ornidex's exit and the capital strengthening of Mavericx and Vygance, now held at 84% and 68% respectively.
Positive Net Cash of €0.8M and Caution Displayed for Second Half
As of June 30, 2026, group equity reaches €32.0M, up €0.4M compared to December 31, 2025. Gross financial debt stands at €3.9M, down €0.8M due to loan repayments. Given available cash of €4.7M, net cash is positive at €0.8M. The group also holds approximately 3.5 million treasury shares, recorded at €1.7M.
For the remainder of the fiscal year, management indicated that the economic climate in France and the lengthening of corporate decision-making processes call for caution regarding business performance in the second half. Marc Negroni, Chief Executive Officer, stated that the first half's performance confirms the relevance of the strategic reorientation and that this will be achieved through targeted investments in innovation and key skills. The next publication, covering 2026 full-year revenue, is scheduled for February 17, 2027, after market close.
