Loyal Solutions AS reported its first annual profit since listing, posting DKK 5 million in EBITDA for the fiscal year ended June 30, 2026, compared with a loss of DKK 6.7 million a year earlier. Revenue rose 46% to DKK 57 million from DKK 39 million, while annual recurring revenue (ARR) increased 31% to DKK 52.4 million.
The company’s second-half performance showed further improvement, with EBITDA turning positive at DKK 2.6 million versus a loss of DKK 2.8 million in the same period of 2025. Operating profit reached DKK 1.7 million for the full year, up from a DKK 10 million loss previously. Management highlighted an incremental EBITDA margin of 65% and a net retention rate of 123%, placing the company in the top 5% globally by this metric.
Cash flow was positive for the fiscal year, with the balance improving by about 50% year over year. Cash receipts rose 29%, and the company reiterated it is not seeking external funding as it pursues profitable growth. Loyal Solutions also completed annual recertifications for PCI, ISO, and SOC 2 compliance, reinforcing its competitive positioning in payment infrastructure.
For fiscal 2027, Loyal Solutions guided for revenue growth of 20% to DKK 68 million, ARR growth of 11%, and EBITDA to increase by DKK 2.8 million. The company’s shares rose 2.12% to $7.72 following the results, with a 52-week range of $2.16 to $8.58 and a 163% total return over the past 12 months.
CEO Peter Kisbye noted that revenue growth of 46% was close to the annual forecast, while EBITDA of DKK 5 million was slightly below the DKK 5.3 million target. He emphasized the company’s leverage, citing the 65% incremental EBITDA margin and the absence of cash burn. Management also addressed industry trends, stating that rising fraud risks in AI-driven receipt scanning among competitors could benefit Loyal Solutions’ secure payment infrastructure model.
