Ecotel Communication AG Revises Fiscal Year 2025 Net Income Forecast

Ecotel Communication AG has adjusted its net income forecast for fiscal year 2025. This change is due to the recognition of a tax provision of approximately EUR 2.8 million in the company's annual financial statements. The provision relates to input VAT claimed by tax authorities for the years 2018 through 2021, impacting invoices from a specific supplier.

As a result, the Management Board now anticipates consolidated net income to reach only EUR 1 million, a significant revision from the previous projection of around EUR 3 million. Other performance indicators, such as revenue and operating EBITDA for 2025, remain unaffected by this provision.

Currently, neither the tax audit nor a related tax assessment notice is final. Ecotel reserves the right to challenge the findings legally upon receipt and examination of the notice.