Lleida.net invoices 4,902 customers in the third quarter, up 44%

Registered Electronic Notification and Other SaaS each recorded their highest third-quarter sales since 2020.

Rhea-AI Summary

Lleida.net (LLEIF) invoiced 4,902 customers in the third quarter of 2026, up 44% from a year earlier. This was its highest quarterly count since the series began in 2020. The total included 4,586 identified unique customers, up 40%, and 316 walk-in customers versus 140 a year earlier. Invoices issued rose 29% to 7,947. September set a monthly record with 2,656 customers invoiced.

Third-quarter sales rose 6% to EUR 4.666 million; EBITDA, earnings before interest, taxes, depreciation and amortization, increased 10% to EUR 882,000. Pretax profit rose 15% to EUR 213,000. Net financial debt fell 9% during the quarter to EUR 4.657 million, or 1.41 times EBITDA. Registered Electronic Notification sales grew 16% to EUR 655,000, while Other SaaS sales rose 66% to EUR 618,000. The company links customer growth to its expanding end-customer business alongside wholesale services.

13 points · 0 major

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0 major · 0 points

How the balance works

Positive

• Moderate point4,902 customers invoiced, up 44% year over year, set a quarterly record since the series began in 2020.
• Moderate pointInvoices issued increased 29% to 7,947 in the third quarter.
• Moderate pointThird-quarter sales rose 6% to EUR 4.666 million.
• Moderate pointThird-quarter EBITDA increased 10% to EUR 882,000.
• Moderate pointThird-quarter pretax profit rose 15% to EUR 213,000.
• Moderate pointNet financial debt fell 9% during the quarter to EUR 4.657 million, or 1.41 times EBITDA.

7 minor points

• Minor pointIdentified unique customers rose 40% to 4,586; walk-in customers reached 316 versus 140 a year earlier.
• Minor pointUnique customer base grew 2.2-fold from 2,106 in the third quarter of 2024.
• Minor pointUnique customers exceeded second-quarter 2026's 4,163 by 10%.
• Minor pointSeptember's 2,656 customers invoiced set the company's monthly record.
• Minor pointRegistered Electronic Notification sales grew 16% to EUR 655,000, its highest third-quarter figure since 2020.
• Minor pointOther SaaS sales rose 66% to EUR 618,000, its highest third-quarter figure since 2020.
• Minor pointFinal court judgments recognized Lleida.net's registered email as reliable proof equivalent to burofax.

Negative

• None.

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September marks the company’s highest monthly customer count on record; invoices issued rise 29%

Madrid, November 3, 2026.- Listed technology services company Lleida.net (BME:LLN, EPA:ALLLN) invoiced 4,902 customers in the third quarter of 2026, up 44% from 3,409 in the same period of 2025 and the highest figure in its quarterly series, which began in 2020.

Of these, 4,586 are identified unique customers, up 40% on a year earlier, and 316 are walk-in customers, end users who use the service without identifying themselves, more than double the 140 recorded in the third quarter of 2025.

The company issued 7,947 invoices in the quarter, up 29%.

The figure reflects Lleida.net’s change of business model, as it builds a portfolio of thousands of end customers for registered electronic notification, registered electronic contracting and signature alongside its wholesale business.

Customer base performance

Compared with the third quarter of 2024, the last before MASC came into force, the unique customer base has grown 2.2-fold, from 2,106.

The third quarter, which includes the summer months, exceeds the second quarter of 2026 (4,163) by 10% and becomes the best quarter in the series.

September, with 2,656 customers invoiced, was the month with the most customers in the company’s history.

The MASC effect

Organic Law 1/2025, in force since April 3, 2025, requires proof of an attempt at out-of-court dispute resolution (MASC) before filing civil and commercial lawsuits.

Lleida.net’s registered email is the service law firms and companies use to prove that attempt. Provincial Courts (Audiencias Provinciales) such as those of Navarra, Gipuzkoa and Ourense have ruled, in final judgments, that the company’s registered email is a reliable means of proof equivalent to burofax.

Growth across the portfolio

Third-quarter results, published on October 29, show the same trend in sales by business line: Registered Electronic Notification grew 16% to EUR 655,000, and Other SaaS 66% to EUR 618,000, in both cases the highest third-quarter figure since 2020.

End users are gaining weight in two ways: walk-in customers have doubled in one year, and many end users identify themselves to obtain an invoice, which means they now count among the company’s unique customers.

“We invoiced 4,902 customers in a quarter, 44% more than a year ago, and September was the best month in our history by number of customers. MASC brought in the law firms in 2025; in 2026 growth continues and reaches our entire product portfolio,” said Sisco Sapena, founder and CEO of Lleida.net.

“Thousands of end customers who notify, contract and sign with us. That is the model, and it grows every quarter,” he added.

Third-quarter results

On October 29, Lleida.net published its results for the third quarter of 2026: sales of EUR 4.666 million, up 6%; EBITDA of EUR 882,000, up 10%; and profit before tax of EUR 213,000, up 15%.

Net financial debt fell 9% in the quarter to EUR 4.657 million, 1.41 times EBITDA.

Founded in 1995, Lleida.net is one of Europe’s leading providers of registered notification, electronic contracting and digital signature services. The company holds more than 300 patents in more than 60 countries and is listed on BME Growth (Madrid) and Euronext Growth (Paris), as well as in Frankfurt and Stuttgart.

SAFE HARBOR
This press release contains statements regarding the future of the Lleida.net company and its innovations. Statements regarding the future may be accompanied by words such as “anticipate”, “believe”, “estimate”, “wait”, “anticipate”, “pretend”, “power”, “plan”, “potential”, the use of future time and other terms of similar meaning. No undue reliance should be placed on these claims. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including uncertainty of the company’s commercial success, ability to protect our intellectual property rights, and other risks. These statements are based on current beliefs and forecasts and refer only to the date of this press release. The company assumes no obligation to publicly update its forward-looking statements, regardless of whether new information, future events or any other circumstance arise.

FAQ

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How many customers did Lleida.net invoice in the third quarter of 2026?

Lleida.net invoiced 4,902 customers, up 44% from 3,409 in the third quarter of 2025. The total comprised 4,586 identified unique customers and 316 walk-in customers, who use the service without identifying themselves.

How does Spain's MASC requirement relate to Lleida.net's registered email service?

Law firms and companies use Lleida.net's registered email to prove an attempt at out-of-court dispute resolution, known as MASC. Organic Law 1/2025, in force since April 3, 2025, requires proof of such an attempt before filing civil and commercial lawsuits. Provincial Courts in Navarra, Gipuzkoa and Ourense have recognized the service as reliable proof equivalent to burofax in final judgments.