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ISPD: 2025 Annual Results and 2026 Outlook

Madrid-based cognitive marketing group ISPD is projecting a return to profitability for 2025, with consolidated net income of €0.3 million, a significant improvement compared to 2024. Consolidated net revenue reached €143.4 million, down 8%, largely due to currency depreciation. Excluding this effect, pro forma revenue remained stable.

Current EBITDA increased by 8% to €4.1 million, while the group's cash position rose significantly to €13.7 million. This strong liquidity reflects improved working capital and reduced net debt to €1.4 million.

In terms of segments, Digital Media Trading shows a modest increase, while Technology and Marketing Services and Publishing are experiencing declines.

R. H.

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