Q.beyond Advances "2028 Strategy" Amidst Challenging Conditions

q.beyond AG has demonstrated a stable performance in Q1 2026, aligning with its expectations despite a tough macroeconomic environment. Key to this stability was the company's high share of recurring revenues and the strategic implementation of its "2028 Strategy," which focuses on deepening sector competence and expanding AI services. A notable development is the opening of a nearshoring location in Romania, enhancing internationalization efforts.

Financially, q.beyond reported revenues of €42.8 million for the quarter, a decrease from €46.4 million the previous year. Discontinued less profitable business segments accounted for a €2.7 million reduction in revenues. EBITDA stood at €1.5 million, down from €2.3 million in Q1 2025, with the company investing in growth initiatives. Net liquidity increased to €42.6 million by end of March 2026.

Looking ahead, q.beyond aims to double its nearshoring and offshoring quota to 40% by 2028. It anticipates positive consolidated net income and sustained free cash flow for 2026, with plans to reach around €250 million in revenues by 2028, driven by AI and European expansion.