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. The group's revenue increased by 14.7% to EUR 65.4 million, up from EUR 57.0 million in the same period last year. This growth was primarily driven by the ecotel Wholesale segment, which saw revenue rise to EUR 40.7 million from EUR 32.1 million, propelled by strong performance in Voice and positive developments in the Data business. The Business Customer segment also remained stable, contributing EUR 24.7 million in revenue.
Gross profit improved to EUR 18.7 million, compared with EUR 17.8 million in the prior-year period, reflecting enhanced value creation. EBITDA rose 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 grew to EUR 0.9 million, up from EUR 0.7 million, with earnings per share (EPS) at EUR 0.25 versus EUR 0.20 last year.
Cash flow from operating activities turned significantly positive, reaching EUR 2.8 million, compared with a cash outflow of EUR 0.6 million in the previous year. Free cash flow also improved substantially to EUR 0.9 million, reversing a negative EUR 2.8 million in the prior-year period. As of 30 June 2026, the group reported cash and cash equivalents of EUR 1.4 million, and net financial assets improved 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, while maintaining its differing legal opinion and having filed legal remedies. This payment will affect cash flow in the second half of the year, but the company affirms its solid financial and liquidity position.
Based on the first-half performance, ecotel confirms its guidance for fiscal year 2026, expecting revenue within the guided range, likely at the lower end. Management remains focused on operational stability, expanding higher-margin services, and strengthening the group's financial structure. For more details, visit the original release on NewMediaWire and the company's website at ecotel.de.
