#Paris #France #Ekinops #optical transport #Software Services

Ekinops 2025 Financial Overview

Ekinops, listed on the Euronext Paris under the ticker EKI, released its financial performance for the fiscal year 2025, concluding on December 31, 2025. The total consolidated revenue for the company reached 105 million euros, marking an 11% decline compared to the previous year. Nonetheless, the fourth quarter witnessed a sequential rise of 15%, with revenue hitting 25.6 million euros.

Detailed Revenue Breakdown

While Ekinops faced challenges in its overall revenue, the performance varies significantly across its product segments. The company noted a decrease in revenue from Access equipment, primarily due to reduced purchases from its major client in France. However, it reported a robust 27% growth in its Software Services segment, which now comprises 25% of the company’s total revenue. This segment's success is also bolstered by the acquisition of Olfeo, a cybersecurity software provider, which has contributed significantly since being consolidated into Ekinops' financials.

Annual Recurring Revenue

As Ekinops pushes towards a recurring revenue model, they announced a newly reported metric termed Annual Recurring Revenue (ARR). By the end of 2025, Ekinops' ARR stood at 15.8 million euros. This shift towards highlighting software and subscription services aims to underline the company's strategic pivot in a rapidly evolving market landscape.

Market Dynamics

The decline in Ekinops' overall revenue can be further detailed. Specifically, the Optical Transport segment saw a 12% decrease in sales attributed to a slowdown in investments from key clients in North America following organizational changes. However, Ekinops experienced a strong resurgence in this area towards the end of 2025, with a 26% increase in quarter-over-quarter sales.

In terms of geographical performance, sales in France dipped by 8%, while international sales faced a greater decline of 13%. Notably, North American revenue averaged 19.7 million euros, reflecting a 14% drop in sales, mainly attributed to the Optical Transport segment.

Looking Ahead

Ekinops anticipates a market recovery driven by innovations in AI and Cloud technologies. Their research and development efforts yielded new product launches in 2025, further diversifying their Optical Transport and Access offerings. These improvements include advanced features in 5G technologies and Secure Access Service Edge (SASE) solutions, demonstrating their commitment to positioning themselves in lucrative growth markets.

The strategic initiatives bolster confidence in returning to normalized activity levels. Furthermore, Ekinops announced the appointment of Lionel Chmilewsky as CEO, marking a vital leadership shift that aligns with their growth strategies and the Bridge strategic plan aimed at capitalizing on the high-demand sectors from 2026 onwards.

Conclusion

The financial results for 2025 demonstrate Ekinops’ resilience in the face of market volatility, especially through the growth seen in their Software Services. The company is moving into 2026 with ambitious plans, aiming to solidify its position in the competitive technology landscape. With a focus on innovative solutions and strategic market approaches, Ekinops looks poised for renewed growth as they navigate the evolving economic climate and emerging tech trends.