• Q1 2025-2026 revenue: €24m
• Tighter control of marketing investments to support profitability
• Disposal of non-core businesses in the United States
• Transition to a calendar fiscal year
This press release presents unaudited Group consolidated revenue, prepared in accordance with IFRS. Classification of myDevices as non-current asset held for sale accounted for as a discontinued operation (IFRS 5). [1]
Paris, France – November 13, 2025, 6:30 p.m. (CET). Claranova (Euronext Paris: FR0013426004 – CLA) reports revenue for Q1 2025-2026 (July 2025 – September 2025) and announces the disposal of its non-core businesses in line with its strategic plan. Revenue generated from the second quarter of 2025-2026 onwards will now come exclusively from Avanquest’s core activities.
Eric Gareau, Chief Executive Officer of Claranova commented: “By selling Avanquest’s non-core businesses in the United States, we are now able to fully focus our resources on our strategic SaaS software segments. In Q1 2025-2026, we maintained a disciplined approach to marketing investments, focusing on the most promising periods and segments, such as PDF, to maximize their effectiveness. As a result, PDF revenue are growing and, as expected, this disciplined management is not yet reflected in global revenue. However, this targeted and disciplined approach has already resulted in an improvement in profitability[2] for the quarter. In line with our strategic plan, we will continue to streamline our operating expenses and ramp up our marketing efforts to return to sustainable, profitable growth.”
[1] Because the myDevices division is henceforth considered as a non-core business, on November 5, 2024, Claranova tasked the investment bank, Canaccord Genuity, with the mission of selling this division.
[2] EBITDA as a percentage of revenue. EBITDA (Earnings before interest, taxes, depreciation and amortization) is a non-GAAP aggregate used to measure the operating performance of the businesses. It is equal to Recurring Operating Income before depreciation, amortization and share-based payments including related social security expenses and the IFRS 16 impact on the recognition of leases.
