Registered notification and Other SaaS lift Lleida.net’s th

Madrid, 2 November 2026. Listed technology services company Lleida.net (BME:LLN, EPA:ALLLN) posted revenue of €4.666 million in the third quarter of 2026, up 6% on the same period of 2025.

EBITDA rose 10% to €882,000, and profit before tax increased 15% to €213,000, according to the quarter’s unaudited consolidated figures.

This is the first quarter of 2026 with year-on-year sales growth. The increase came from the registered electronic notification and Other SaaS business lines, which together totalled €1.273 million and accounted for 27.3% of revenue, compared with 21.3% a year earlier.

The figure reflects the company’s shift in business model towards a portfolio of thousands of end customers.

End-customer lines are gaining weight relative to the wholesale business: ICX Wholesale Solutions went from 37.1% to 35.3% of sales.

Sales by business line

Registered electronic notification grew 16% to €655,000, the highest third-quarter figure in the company’s series since 2020.

The line is underpinned by Registered email, the service that companies and law firms use to prove the prior attempt at negotiation (MASC, Spain’s mandatory pre-litigation dispute resolution requirement) required under Organic Law 1/2025 since April 2025

Other SaaS was the fastest-growing line, up 66% to €618,000, its highest third-quarter figure since 2020.

Registered electronic contracting fell 3% to €809,000.

ICX Wholesale Solutions, the wholesale line and the largest by revenue, rose 1% to €1.645 million, posting third-quarter growth for the third consecutive year since its 2023 low of €1.349 million.

Meanwhile, SMS Solutions slipped 5% to €939,000, the second-best third quarter in its series.

“Registered electronic notification and Other SaaS have posted their best third quarter and now account for more than a quarter of sales. The shift in our model towards the end customer is starting to show in the income statement,” said Sisco Sapena, founder and CEO of Lleida.net.

“We have grown sales by 6% and EBITDA by 10%, and reduced net debt by €474,000 in a single quarter,” he added.

Year-on-year comparison (Q3 2025 vs Q3 2026)

Gross margin rose 7% to €2.554 million, equivalent to 54.7% of sales, 0.2 percentage points higher than a year earlier.

Staff costs fell 2% to €1.399 million, while external services rose 25% to €501,000.

Excluding capitalised R&D of €228,000, EBITDA stood at €654,000, up 15%. EBITDA represented 35% of gross margin, compared with 34% a year earlier.

Operating profit grew 40% to €290,000, after depreciation and amortisation of €557,000 and a provision for customer balances of €36,000.

The third quarter of 2025 included €113,000 in staff severance payments, with no equivalent this year.

The financial result was a loss of €50,000, compared with a loss of €31,000 a year earlier, while exchange rate differences reduced the result by €27,000.

Financial position

Total financial debt fell by €511,000 in the quarter to €5.789 million at 30 September 2026. Short-term debt stood at €3.307 million and long-term debt at €2.482 million.

Net financial debt fell 9% to €4.657 million, with cash and liquid assets of €1.132 million. Since year-end 2025, net debt has fallen by €1.128 million, or 19%.

The net financial debt to EBITDA ratio fell to 1.41x, from 1.63x at 30 June.

Founded in 1995, Lleida.net is one of Europe’s leading providers of registered notification, electronic contracting and digital signature services. The company holds more than 300 patents in over 60 countries and is listed on BME Growth (Madrid) and Euronext Growth (Paris), as well as in Frankfurt and Stuttgart.

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