Touchtech (TOUCH) investor relations material

Executive summary

• Recurring revenues grew 42% year-over-year in Q2 2026 and 59% for H1 2026, now representing 89% of Q2 net sales and 75% for H1.

• Net sales were stable year-over-year at 4,447 tkr for Q2 and 9,611 tkr for H1, with a significant shift toward SaaS-based income.

• EBITDA improved 22% for H1 to 6,661 tkr, with margin rising to 69% from 57% a year earlier.

• The business is now fully software-focused after hardware sales were phased out and inventory cleared.

• No significant events occurred during or after the quarter.

Financial highlights

• Q2 net sales: 4,447 tkr (down from 4,993 tkr in Q2 2025); H1 net sales: 9,611 tkr (up from 9,527 tkr in H1 2025).

• Q2 recurring revenues: 3,965 tkr (up 42%); H1 recurring revenues: 7,210 tkr (up 59%).

• Q2 EBITDA: 3,213 tkr (up from 3,019 tkr); H1 EBITDA: 6,661 tkr (up from 5,461 tkr).

• Q2 result before tax: -644 tkr (vs. -247 tkr); H1 result before tax: -936 tkr (vs. -859 tkr).

• Cash at period end: 11,069 tkr (up from 9,791 tkr a year earlier).

Outlook and guidance

• Recurring revenue growth is expected to continue, driven by expanded SaaS adoption and ongoing rollouts with key clients.

• The company is now a pure software business, with hardware sales discontinued.

• Cost reductions from 2025's reorganization and AI-driven development are expected to further improve margins.