- Annual revenue: €94 million, down 12%2 on a like-for-like basis (-21% on a reported basis)
- Q4 revenue: €22 million, down 11%² compared with the previous quarter
(-17%² in Q3) - Growth drivers confirmed, with the Document (PDF) business up 4%¹ and the Utilities Software business up 5%¹ over the full year
- Improved revenue quality, with recurring revenue now accounting for 83%¹ of the total and B2B revenue up 11% [1]over the full year
- Revision of objectives as of December 31, 2028 (new fiscal year) and adaptation to the new business model
This press release presents the Group’s unaudited consolidated revenue prepared in accordance with IFRS.
myDevices classified as non-current a ssets held for sale and presented as discontinued operations (IFRS 5)3
Paris, France – July 29, 2026, 6:00 PM. Claranova (Euronext Growth Paris: FR0013426004 – ALCLA) reports its revenue for FY 2025-2026 (July 2025 to June 2026), its first full fiscal year following the completion of its strategic shift to SaaS software publishing.
Annual revenue came to €94 million, down 12%² at constant exchange rates and scope (-21% on a reported basis), reflecting a negative currency impact of 4 percentage points and a 5-percentage-point scope effect related to the divestment of the U.S. non-core (Avanquest North America LLC) in October 20254.
Improved fourth-quarter performance
In Q4 2025-2026 (April to June 2026), the like-for-like decline eased (-11% versus -12% over the first nine months), reflecting the expected gradual improvement in the Group’s trajectory. The Document (PDF) business delivered like-for-like growth of 4%¹ for the full year, driven by the acceleration of the marketing investments initiated in Q3. The Utilities Software business recorded strong growth in the quarter, while the advertising-driven portion of this business and the Photo business continued their structural decline, in line with market trends and the Company’s strategy.
Growth in the Group’s key businesses
Over the full year, the Group’s key growth drivers maintained their positive momentum. The Document (PDF) business grew by 4%¹ on a like-for-like basis, establishing itself as the Group’s primary organic growth driver for the year, while the Utilities Software business recorded like-for-like growth of 5%¹, demonstrating the resilience of its recurring revenue base. The Group’s overall like-for-like decline for the year (-12%) remains concentrated in the advertising-driven portion of the Utilities business and the Photo business, reflecting underlying market trends, as the Group deliberately limited customer acquisition spending to preserve profitability.
The reported decline for the year continued to be significantly affected by adverse foreign exchange movements and the consolidation scope effect resulting from the divestment of its U.S. non-core operations at the end of October 2025.
[1] Non-IFRS management data.
2 Like-for-like (defined as at constant scope and exchange rates)
3 myDevices, considered non-core, has been placed under a sale mandate assigned to Canaccord Genuity on November 5, 2024.
4 Disposal of Avanquest North America LLC completed on October 31, 2025 (see press release dated November 13, 2025).