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, compared to EUR 57.0 million in the prior-year period. This growth was primarily driven by the ecotel Wholesale segment, which saw revenue surge to EUR 40.7 million from EUR 32.1 million, fueled by strong performance in the Voice business and positive contributions from the Data business, further enhancing value creation. The Business Customer segment remained stable, generating revenue of EUR 24.7 million.
Gross profit rose to EUR 18.7 million, up from EUR 17.8 million in the same period last year. EBITDA improved to EUR 3.7 million from EUR 3.2 million, while EBIT increased to EUR 1.5 million from EUR 0.9 million. Net income also climbed to EUR 0.9 million, compared to EUR 0.7 million, with earnings per share (EPS) rising 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 prior-year period. Free cash flow also improved substantially to EUR 0.9 million from a negative EUR 2.8 million.
As of June 30, 2026, the Group reported cash and cash equivalents of EUR 1.4 million, with net financial assets improving by EUR 3.5 million year-on-year to EUR 1.4 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 notice. This payment will impact cash flow in the second half of the year, but the company remains confident in its solid financial and liquidity position.
Based on the first-half performance, ecotel confirms its expectations for fiscal year 2026, anticipating revenue within the guided range, likely at the lower end. 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 details, visit ecotel's website. The original press release can be accessed at NewMediaWire.
