France · Delayed Price · Currency is EUR Vusion Earnings Call Transcripts
Fiscal Year 2026
-
Q3 adjusted revenue rose 25% to €445m, with record order intake of €462m and VAS growth of 45%. FY26 guidance was reiterated, including 15%-20% revenue growth at constant FX rates and tariffs.
-
Delivered 30% organic revenue growth and strong profitability in H1 2026, driven by VAS expansion and operational leverage. Full-year guidance is reiterated, with VAS revenues expected to reach EUR 400 million and adjusted EBITDA margin to improve by over 100 bps.
-
H1 2026 saw 29% organic growth, strong VAS momentum, and robust order intake, with full-year guidance for 15%-20% revenue growth and improved profitability reaffirmed. The strategic acquisition of In-Store Media expands the retail media platform, while tariff refunds will reduce reported revenue but not margins or cash.
-
Q1 2026 saw 26% organic revenue growth and strong VAS momentum, with major contracts driving robust performance in both Americas and EMEA. Guidance for 2026 and 2027 remains confident, with accelerating order entries and profitability improvements expected.
Fiscal Year 2025
-
Achieved over 50% organic growth in 2025, with adjusted revenue above EUR 1.5 billion and EBITDA up 73%. Strong order entries, major deployments with Walmart and Carrefour, and robust VAS growth set the stage for 15%-20% revenue growth and higher margins in 2026.
-
Q3 adjusted sales grew 59% year-over-year to EUR 355 million, with nine-month sales surpassing EUR 1 billion, up 54%. Major UK contracts and strong U.S. momentum drive growth, while VAS sales more than doubled. Q4 is expected to be the largest quarter ever.
-
Adjusted sales grew 51% year-over-year to €649 million, led by 134% U.S. growth and a doubling of VAS revenues. Profitability and cash flow improved sharply, prompting an upgrade in full-year revenue and EBITDA margin guidance, with strong visibility for continued growth.
-
Adjusted sales grew 50% year-over-year to EUR 648 million in H1 2025, driven by strong U.S. expansion and a major Walmart contract. Value-added services revenue doubled, and full-year guidance for 40% sales growth and improved profitability is reiterated.
-
Q1 adjusted sales rose 31% to €233 million and order entries climbed 94% to €532 million. FY2025 targets were reaffirmed, while tariff uncertainty may defer early-stage retailer decisions but has not changed committed rollouts.
Fiscal Year 2024
-
Record 2024 results with adjusted revenues up 25% to €1.01 billion and EBITDA up 51%. North America led growth, driven by a major Walmart contract, while VAS and innovation fueled momentum. 2025 guidance targets 40% revenue growth and further margin expansion.
-
Q3 marked record growth, with revenues up 22% year-over-year and strong momentum in North America, especially from Walmart. Order entries surged 63%, supporting a €1 billion full-year revenue target, while recurring VAS and cloud adoption accelerated.
-
H1 2024 delivered strong revenue and margin growth, record order entries, and robust cash flow, driven by major U.S. contracts and renewed European momentum. Full-year guidance was raised, with continued profitability and cash generation expected.