Moltiply Group S.p.A. (MOL) presented its first-half 2026 results on September 9, 2026. The company reported a 13.7% increase in H1 2026 revenue to €343.1 million, compared to €302.1 million in H1 2025. EBITDA rose 20.8% to €93.4 million, with an EBITDA margin of 27.2%, up from 25.6%. Net income surged 69% to €37.1 million, and operating cash flow increased 41.7% to €51.9 million.
Q2 2026 revenue declined 5.0% to €160.4 million, with EBITDA flat at €42.1 million. EBIT dropped 11.5% to €23.6 million. Mavriq revenue decreased 1.5%, while BPO&Tech revenue fell 9.9%.
Mavriq division revenue reached €217.4 million, up 31.7%, with EBITDA up 26.7% to €60.9 million. The division's EBITDA margin compressed to 28.0%, and its contribution to group revenues increased to 63%.
Moltiply BPO&Tech division revenue reached €125.7 million, down 8.0%. EBITDA grew 11.1% to €32.5 million, with an EBITDA margin of 25.9%. Excluding pass-through components, revenues increased 3.7%.
As of June 30, 2026, the net financial position was negative €453.4 million, compared to negative €467.3 million at June 30, 2025. Adjusted net financial position was negative €315.1 million, versus negative €353.5 million a year earlier. Current liquidity totaled €174.2 million, and non-current indebtedness was €525.4 million.
Shareholding structure as of September 8, 2026: Alma Ventures 33.61%, Norman Rentrop 21.77%, free float 33.48%, treasury shares 7.13%.
