Mexedia posts first-half 2026 revenue of €14.2 million, net debt falls to €4.3 million
Mexedia said unaudited first-half 2026 revenue was €14.2 million and net financial debt fell to €4.3 million from €34.7 million at 31 December 2025. It also reported EBITDA of minus €0.40 million and a net loss of €22.3 million, including a €21.4 million non-cash deconsolidation effect.
A. 7 million as at 31 December 2025, mainly due to the deconsolidation of Telvantis Inc. 8% as at 31 December 2025. 4 million.
40 million, as Mexedia said it is realigning its cost structure to the new operating perimeter. 4 million of non-cash accounting effect linked to the deconsolidation of Telvantis Inc. The board met today and approved the unaudited consolidated results for the first half of 2026. The unaudited Consolidated Half-Year Financial Report as at 30 June 2026 will be made available to the public by 30.
October 2026, in line with the Company's financial calendar. The first half of 2026 marked a major change in Mexedia's group perimeter and the start of a new phase for the company. , which held the wholesale voice termination business disposed of with effect from 31 December 2025, left consolidation with effect from 8 April 2026. A.
Società Benefit only. The company said the first-half 2026 figures are not directly comparable with those for the corresponding period of the previous financial year because of the change in perimeter. 5 million. Mexedia said the change was almost entirely due to the exit from the scope of consolidation of the debt.
The positions relating to Telvantis Inc. should be read in light of the Group’s significant perimeter change. 8% as at 31 December 2025. Current assets were also higher than current liabilities at the end of the half-year.
4 million in the first half of 2025, with the earlier figure linked to a materially different perimeter. 1% of revenue a year earlier. 40 million. A.
Società Benefit’s structural costs after the sharp decline in consolidated volumes, amid an ongoing organisational realignment and adjustment of the cost structure to the new operating perimeter. The consolidated net result for the first half of 2026 was also shaped by the accounting effect of the deconsolidation of Telvantis Inc. 3 million loss in the corresponding period of the previous financial year. 4 million linked to the deconsolidation of Telvantis Inc.
under IFRS 10. It said this item accounted for about 96% of the consolidated net loss for the period, was purely accounting in nature, had no cash impact and was concentrated entirely in the first half of 2026. l. 07% stake depended on the required legal formalities.
l. l. will be included in the group’s scope of consolidation from the second half of 2026. Contribution in kind were admitted to trading on Euronext Growth Paris with effect from 13 August 2026.
Under the investment agreement with Rockbridge Capital Management AG, which provides for an aggregate commitment of € 2 million, the reserved capital increase resolved on 24 July 2026 for € 1 million has been fully executed. The capital increase was completed in two tranches of € 500,000 each, subscribed and paid up on 24 July 2026 and 25 September 2026 respectively. A. Società Benefit’s share capital stands at € 57,320,000, represented by 8,353,129 ordinary shares.
As at 30 June 2026, the conditions set out in Article 2446 of the Italian Civil Code were still met, having already been identified in respect of the previous financial year. 2 million, which affects the assessment of those conditions. Outlook: In the second half of 2026. , which will be included in the group’s consolidated results for the first time.
It also said it will work on gradually bringing its cost structure into line with the new operating perimeter and on strengthening its financial balance. The company said the second half of 2026 will be the first period in which the effects of the new corporate and operating structure defined during 2026 are expected to be reflected in consolidated results.
In a statement under Article 154-bis, paragraph 2, of the Italian Consolidated Financial Act, Paolo Bona, as chief executive officer, and Augusto Pellegrini, as the manager responsible for preparing the company’s financial reports, said the accounting information in the press release matches the documentary results, books and accounting records, pursuant to paragraph 2 of Article 154-bis of Legislative Decree No. 58/1998. Mexedia said its Consolidated Half-Year Financial Report as at 30 June 2026 will be made available to the public in the “Financial reports” section of the company’s website. The release also noted that it may contain forward-looking statements.
A. Società Benefit is a tech company listed on Euronext Growth Paris under ticker ALMEX, operating in telecommunications and digital services for businesses. , which is active in the Energy, Banking, Telco and Insurance markets. The release says the statements are forward-looking within the meaning of Regulation (EU) No 596/2014 (“MAR”) and other applicable regulations, and that actual results may differ materially because of risks and uncertainties.
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