Cbrain

cBrain reported a 6% revenue increase to DKK 140m in the first half of 2026 and an EBT margin of 26%, meaning profitability exceeds the annual target range. Domestic business in Denmark grew strongly (+24%), while international revenue declined; subscriptions made up 63% of revenue and rose by 8%. Management confirmed the annual forecast of 10–15% revenue growth and an EBT margin of 20–25%, highlighting AI products and a contract in California as growth drivers. The stock rose sharply after the results, while risks remain around internationalization and higher H2 investments. » More on de.investing.com

cBrain has signed a five-year contract with the Governor’s Office of Land Use and Climate Innovation of the State of California after a 12-week proof of concept. The project covers submission of environmental documents, modernization of a public database and implementation of an AI interface to accelerate permitting and environmental review processes. cBrain will deploy its F2 standard software, already in use by more than 75 Danish authorities and government organisations across five continents, and will begin work immediately. » More on de.investing.com

cBrain reports in the earnings call for Q3 2025 strong growth in subscription revenues, which rose 24% in the first half of 2025 and now account for more than 60% of total revenue. The company plans expansion into markets such as the USA, Germany and Ghana and is preparing a strategic growth plan for 2026–2028. cBrain is targeting short-term organic growth of 10–15% and aims to accelerate through large customer acquisitions and partner channels. After the figures were released, the share price rose slightly by 0.55%. » More on de.investing.com

cBrain recorded a 5% decline in revenue in the first half, while revenue from software subscriptions rose by around 70% and service revenues are expected to be about 10%. The EBITDA margin was 25% in H1 and is forecast to increase to 36% for the full year. The company is targeting revenue growth of 10–15% and is focusing on expansion into the US as well as investments in AI and COTS software for government agencies. The share fell 2.04% to 200.5 after the figures were released, weighed down by declining one‑off license revenues and investor uncertainty. » More on de.investing.com