Lleida.net Sees Sales Decline 11% in First Quarter and Reduces Net Financial Debt by €434,000
Rhea-AI Summary
Lleida.net (OTC:LLEIF) reported Q1 2026 sales of €4.715m, down 11% from €5.290m in Q1 2025. Pre-tax profit was €333k (-48% YoY). EBITDA fell to €877k (-28% YoY) and gross margin was €2.626m (-12%). Net financial debt decreased by €434k to €5.351m as of March 31, 2026. By line, Notification grew 22%, Contracting fell 23%, Other SaaS -17%, SMS Wholesale -16%, Commercial SMS stable. Sequentially, gross margin and pre-tax profit improved versus Q4 2025.
Positive
- Net financial debt reduced by €434,000 (8%) to €5.351 million
- Notification revenue grew 22% to €619,000 year‑over‑year
- Pre‑tax profit rose 64% sequentially from Q4 2025 to Q1 2026
Negative
- Total sales declined 11% YoY to €4.715 million
- EBITDA fell 28% YoY to €877,000
- Pre‑tax profit dropped 48% YoY to €333,000
- Contracting revenue declined 23% YoY to €813,000
AI-generated analysis. How Rhea-AI works. Not financial advice.
Madrid, May 5.- Technology services company Lleida.net (BME:LLN, EPA:ALLLN), listed on the Madrid and Paris stock exchanges, posted sales of
These results represent an
Year-on-Year Comparison (Q1 2025 vs. Q1 2026)
Pre-tax profit stood at
Gross margin decreased by
Operating profit fell
These results are a consequence of the company's historic growth in the last quarter of 2025.
The Notification line grew
The Contracting line declined
Other SaaS dropped
The Commercial SMS line remained flat at
Sequential Comparison (Q4 2025 vs. Q1 2026)
On a quarter-over-quarter basis, revenue fell slightly by
EBITDA, however, improved by
Pre-tax profit stood out, growing
Gross margin improved by 6 percentage points in absolute terms and by 4 percentage points as a share of sales, rising from
By business line, Other SaaS led growth with a
Notification returned
Debt Reduction
Total debt fell
Short-term debt fell
Net financial debt stands at
On April 16, Lleida.net's certified email was explicitly recognized by five Spanish Provincial Courts as a valid, sufficient, and legally reliable means of certifying the MASC procedural
requirement, as required by Organic Law 1/2025 on the Efficiency of the Public Justice Service.
Founded in 1995, Lleida.net is one of Europe's leading providers of certified notification, electronic contracting, and digital signature services. The company holds more than 300 patents in over 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
