ecotel communication ag, a leading German quality provider for business customers, announced its financial results for the first half of 2026, demonstrating continued stable business development with notable 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 prior-year period.
The Business Customer segment maintained stable performance, generating revenue of EUR 24.7 million, while the ecotel Wholesale segment saw a significant rise to EUR 40.7 million from EUR 32.1 million. This growth was primarily driven by the Voice business, with the Data business also contributing positively to enhanced value creation.
Gross profit increased to EUR 18.7 million from EUR 17.8 million, and EBITDA improved to EUR 3.7 million (prior year: EUR 3.2 million). EBIT rose to EUR 1.5 million compared with EUR 0.9 million in the prior-year period. Net income grew to EUR 0.9 million (prior year: EUR 0.7 million), and earnings per share (EPS) increased to EUR 0.25 from EUR 0.20.
Cash flow from operating activities turned significantly positive, reaching EUR 2.8 million versus a cash outflow of EUR 0.6 million in the previous year. Free cash flow also improved substantially to EUR 0.9 million, compared with EUR -2.8 million. As of 30 June 2026, the Group held cash and cash equivalents of EUR 1.4 million, and net financial assets improved to EUR 1.4 million, a year-on-year increase of EUR 3.5 million.
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. This payment will affect cash flow in the remainder of the year, but the company affirms its solid financial and liquidity position.
Based on the first-half performance, ecotel confirms its expectations for fiscal year 2026, with revenue likely at the lower end of the guided range. Management remains focused on maintaining stable operating performance, expanding higher-margin services, and sustainably strengthening the Group’s financial position and balance sheet structure.
For more information, visit ecotel.de.
