Max 21

maxx26 has completed the sale of its 100% subsidiary Binect to hpc DUAL Österreich; the transaction is economically effective as of 1 January 2026. From the deal and the repayment of loans up to €6.3 million will flow to the company; currently €5.3 million has been paid, €1.0 million will be retained until 30 June 2028 and is secured by a bank guarantee. A consulting agreement through 31 December 2027 provides for up to roughly €210,000 net. The first share buyback program is to start in Q4 2026 and may repurchase up to two-thirds of the outstanding shares, with a maximum price of up to €2.10 per share; a second program is planned for H2 2028. Supervisory board chairman Ronald Gerns stepped down from his mandate effective 1 October 2026; his successor is to be Thomas Rickert. For 2026 the single-entity company expects around €500,000 in revenue and an EBITDA of about -€3.3 million. » More on finanzen.net

Binect AG has entered into a notarized purchase and assignment agreement with hpc DUAL Österreich for all shares in the operating Binect GmbH. From the sale and repayment of loans, Binect will receive a total of EUR 6.3 million; additionally, a consulting agreement has been agreed until December 31, 2027, with remuneration of up to EUR 225,000. Closing is scheduled for September 1, 2026, subject to conditions including shareholders' meeting approval on July 30, 2026. The management board and supervisory board intend to propose distributing the funds mainly to the holders of the 3,215,715 shares through share buybacks and a capital reduction. » More on de.investing.com

Binect is holding discussions with parties interested in a strategic investment to expand its business, particularly in the area of Intelligent Document Processing (IDP) and digital delivery. After an exploratory phase, the management board and supervisory board decided to deepen negotiations with selected partners that can contribute products and technologies in these fields. Various partnership structures are conceivable, including reciprocal stakes in subsidiaries to combine software, service and market access. » More on finanzen.net

Binect has lowered its EBITDA forecast for the current fiscal year based on the latest forecast, but continues to confirm expected revenue growth of 2.5 to 5.0 percent. The reasons are longer onboarding periods, decision-making delays among mid-sized companies and public authorities, newly signed contracts not yet in productive use, and a decline in shipment volumes from a major existing customer due to the economic cycle. These effects lead to a less favorable revenue mix and lower margins. Binect is working on product optimizations, new self-service variants and extensions for its solutions business to strengthen profitability sustainably. » More on finanzen.net