Growens — Earnings Release 2026

Apr 10, 2026

teleborsa

Informazione Regolamentata n. 20054-5-2026	Data/Ora Inizio Diffusione 10 Aprile 2026 08:40:02	Euronext Growth Milan

Societa': GROWENS

Utenza - referente : GROWENSN01 - Capelli Micaela Cristina

Tipologia : REGEM

Data/Ora Ricezione : 10 Aprile 2026 08:40:02

Oggetto : preview Q1 2026

Testo del comunicato

Vedi allegato

---

CERTIFIED

GROWENS

PRICE SENSITIVE

PRESS RELEASE

SaaS Annual Recurring Revenues up 7% CPaaS Sales up 21%

Milan, 10 April, 2026 – Growens S.p.A. – GROW (the “Company” or the “Issuer” or “Growens”), a company admitted to trading on the multilateral trading facility Euronext Growth Milan and operating in the cloud marketing technology field, has announced today certain data from management accounts, related to the business lines SaaS and CPaaS as of March 2026 and Q1 2026 respectively.

Unaudited data show the following results:

• as per the SaaS (Software as a Service) business line, an ARR of 14.9M EUR as of March 2026, decreasing by 1% vs the same data of 2025 (or + 7% at constant USD/EUR fx);
• as per the CPaaS (Communication Platform as a Service) business line, gross sales increasing by 21% in Q1 2026 at 17.1M EUR, vs 14.1M EUR in Q1 2025.

Main figures

SAAS ARR

Business Unit	ARR March 2026	ARR March 2025	Ch %
Beefree EUR/000	14,886	15,044	(1.1%)
Beefree USD/000	17,254	16,150	6.8%

Data in EUR/000. Data from management accounts, not subject to a BoD resolution, unaudited. Annual Recurring Revenue is calculated as the sum of unterminated annual subscriptions active as of March 2026 and 2025. Monthly subscriptions are annualized (multiplied by 12). Subscriptions represent recurring revenues: they do not include professional services, SMS traffic, and other services sold on a one-off basis, whereas they include usage fees such as API calls, image hosting and additional users with a recurring pattern (March 2026 estimates). ARR is not comparable with historical CPaaS sales below.

---

emarket
Fair Storage
CERTIFIED

CPAAS SALES

Business Unit	Q1 2026	Q1 2025	Ch %
Agile Telecom	17,093	14,133	20.9%

Data in EUR/000.

Data from management accounts, not subject to a BoD resolution, unaudited. Figures might differ from reported sales because of period adjustments.

Within the CPaaS business line, Agile Telecom recorded Q1 sales of ca 17.1M EUR sales, growing by 21% over the same period of the previous year, reflecting both the acquisition of new foreign customers and increased traffic from existing customers.

As per the SaaS business line, the business unit Beefree (beefree.io), posted a 14.9M EUR ARR (or 17.3M USD), based on the historical EUR/USD exchange rate at contract execution, representing a 1% decline (or +7% at constant currency) compared to the same period of the previous fiscal year. The Euro-denominated variance is negatively impacted by foreign exchange movements, while in absolute terms the results reflects the loss of the usage-based component from a major customer.

Growens (GROW) is a leading European player in the field of Cloud Marketing Technologies, serving thousands of clients worldwide. Its SaaS and CPaaS solutions allow SMEs and large corporations globally to master the evolving ways of communicating with customers. Starting from the original business MailUp the Group grew steadily since 2002, both organically and via M&A, peaking with the launch of innovative products such as Beefree.io.

The company is admitted to trading on the Euronext Growth Milan (EGM) market managed by the Italian Stock Exchange, with a free float above 35%.

ISIN IT0005040354 - Reuters: GROW.MI - Bloomberg: GROW IM

Media & Guidelines: https://growens.io/en/media-guidelines

For further information please contact:
Growens Investor Relations
Micaela Cristina Capelli
+39 02 71040485
investor.relations@growens.io

Growens Press Office
Maria Giulia Ganassini
+39 02 89603080
press@growens.io
growens.io

Euronext Growth Advisor
BPER Banca
+39 051 2756537
growens@bper.it

---

Fine Comunicato n.20054-5-2026	Numero di Pagine: 4