Revenue and Profitability Details for Q1 2026
Tecnotree, a global digital platform provider based in Espoo, Finland, announced its financial results for the first quarter of 2026. The results revealed stable revenue and strong profitability, maintaining full-year guidance despite geopolitical uncertainties in global markets.
Revenue for the quarter stood at EUR 16.8 million, with revenue in constant currency at EUR 17.1 million, marking a 1.0% increase year-on-year. EBIT for the period was EUR 4.6 million, up 1.8% from the previous year, resulting in an EBIT margin of 27.4%.
Foreign exchange gains contributed EUR 1.0 million to the results, reversing a previous loss of EUR 1.4 million. Net income increased by 36.5% to EUR 2.1 million, while free cash flow was EUR 0.2 million, reflecting temporary collection delays in certain regions.
The company’s order book reached EUR 105.4 million by the end of the quarter, a 50.0% increase from the previous year, driven by new orders in Africa and Latin America. This robust backlog supports Tecnotree’s sustained growth and customer engagement.
AI-Enabled Platform Enhancements
Tecnotree continued to enhance its platform capabilities during the quarter, focusing on AI-enabled value chains to improve customer experience. The company leveraged AI for operational efficiency, process automation, and preventive maintenance.
Padma Ravichander, CEO of Tecnotree, stated, “Our performance in the first quarter reflects the strength of our execution and the resilience of our business model. We continue to see strong demand across our markets, supported by a robust order backlog and sustained customer engagement.”
Operating performance remained strong, with consistent operational discipline and platform scalability. The company maintained its focus on increasing efficiency across internal functions and customer operations, particularly through AI-driven operations.
Challenges in collections in certain regions, due to the prevailing environment, impacted cash flow during the quarter, leading to a buildup of receivables and an increase in Days Sales Outstanding (DSO).
Tecnotree’s performance is also marked by its strategic advancements in AI-driven operations. The company successfully advanced its AI-enabled value chain, enhancing customer experience and unlocking new revenue opportunities. AI technologies were embedded across its digital BSS stack, driving efficiency in both internal functions and customer operations.
During the quarter, Tecnotree received several industry awards, including the AI Initiative of the Year and Digital Initiative of the Year at the Asia Telecom Awards 2025, as well as the CX Catalyst Award for Impact at The Fast Mode Awards 2025. These accolades reflect the company’s commitment to innovation and excellence in digital transformation.
