MotorK H1 FY26 adjusted EBITDA more than doubles to €2.12 million; revenue falls 9% to €18.48 million

• MotorK posted revenue of €18.48 million, down 9% year on year, while net loss widened to €6.3 million.
• Adjusted EBITDA more than doubled to €2.12 million; IFRS EBITDA rose to €673,000 from €43,000.
• Committed annual recurring revenue fell 7.5% to €33.1 million; ARR slipped 6.5% to €30.2 million on exits from low-margin contracts.
• Cash EBITDA improved to negative €0.8 million; net borrowing position stood at €14.1 million.
• Guidance calls for close-to-flat CARR growth in FY26, targeting full-year break-even Cash EBITDA.

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