AUSTRIACARD HOLDINGS AG Reports 9M 2025 Financial Results

AUSTRIACARD HOLDINGS AG (ACAG) has announced its financial outcomes for the first nine months of 2025. The company's group revenues stood at €262.4 million, marking a 14% decline compared to the same period in 2024. The decrease is attributed to a normalization in the Turkish payment card market and a temporary moderation in metal card sales to Fintech clients in Europe. Nonetheless, the segments of Document Lifecycle Management and Digital Technologies displayed solid growth, highlighting the company's success in geographical and market expansion strategies.

The adjusted EBITDA for the period was €36.1 million, achieving a margin of 13.7%. Despite the revenue shortfall, cost optimization efforts and a shift towards higher-margin service revenues supported the EBITDA margin. The net profit was reported at €9.8 million, impacted by higher depreciation and amortization expenses.

Operating cash flow improved to €23.2 million, a 23% increase from the prior year. This was due to a disciplined focus on cash flow optimization and slowed working capital growth. The group's net debt was reduced to €91.2 million, achieving a leverage ratio of 1.9x, indicating robust debt management.