Softbinator Technologies consolidates its profitability in H1 2026

Softbinator Technologies (BVB: CODE), a Romanian company providing complete software development services (product management, product design, software development, AI/ML development and product marketing), reports, at a consolidated level, a turnover of 13.4 million lei in the first half of 2026, up 5% compared to the same period last year, according to a press release issued by Softbinator Technologies. EBITDA reached 2.2 million lei, up 28%, and net profit increased by 158%, up to 1.8 million lei.

The consolidated financial results for the first half of 2026 are presented according to IFRS standards, according to the cited source. According to the release, starting with June 1, 2026, Corina Ilinca took over the position of General Manager of Softbinator Technologies, after previously holding the role of Chief Partnership Officer and coordinating the development of relations with the company’s clients and strategic partners. At the same time, Laura Roşianu was appointed Chief Operating Officer. The mandates of the two members of the management are valid until June 1, 2029.

“The IT services industry is going through one of the most extensive transformation periods in recent years, and artificial intelligence is changing both the way software products are developed and customer expectations in terms of speed, efficiency and generated value. For Softbinator, this transformation opens up concrete directions for development. We focus on consulting services and implementation of AI solutions directly in customer operations, 24/7 global cloud support, integration of our partners’ solutions and accelerated development of software products using current technological capabilities. In parallel, we aim to expand our customer base and develop our international network of consultants. Taking on the role of CEO represents for me the responsibility of transforming these opportunities into a sustainable growth stage for Softbinator and of strengthening the company’s position as a technology partner for organizations adapting their business models to the new AI-based economy”, stated Corina Ilinca, CEO of Softbinator Technologies.

The evolution of consolidated profitability was supported by the growth of revenues at a higher pace than costs, as well as by the efficiency measures implemented at the group level. Operating expenses increased by 3%, to 11.7 million lei, mainly due to the increase in external services expenses, as a result of the expansion of collaborations with specialists in EMEA and South America. This approach allows the company to meet customer requirements for extended availability throughout the day, including by covering multiple time zones.

On an individual level, according to IFRS, Softbinator Technologies recorded a turnover of 8.5 million lei in the first half of 2026, down 8% compared to the same period last year. EBITDA increased by 64%, to 1.8 million lei, and net profit increased by 86%, reaching 1.4 million lei. The improvement in profitability was supported by a 15% reduction in operating expenses, which reached 7.4 million lei, as well as the positive evolution of the financial result. The group’s financial position continued to strengthen in the first six months of the year. Cash and cash equivalents increased by 16% compared to the end of 2025, to 3.7 million lei, while total debt decreased by 25%, to 2.3 million lei. As of June 30, 2026, the group had no long-term debt or interest-bearing debt.

For the full year 2026, Softbinator Technologies management maintains the estimates approved by shareholders, which foresee a consolidated turnover of 28.7 million lei, EBITDA of approximately 4 million lei and a net profit of 2.8 million lei. The evolution in the first half is in line with the objectives set by the budget. The company will continue to pursue the expansion of the customer base, attracting new projects, strengthening international collaborations and integrating artificial intelligence-assisted development services into the group’s offer.