Computime Holdings plc – Interim Results
Following last week's article detailing the performance of the S&P 500 index in 2025, it is worth devoting time to review the developments across the European equity markers in my last article of the year.
Financial Performance
On 18 August 2026, Computime Holdings plc published its interim results covering the six-month period ended 30 June 2026.
Revenue increased by 9.5% to €12.7 million (H1 2025: €11.6 million) driven by growth across all reportable segments namely Systems Integration (+11.6% to €8.33 million), FinTech (+11.1% to €1.91 million) and Business Software (+5.8% to €1.84 million). The company highlighted that recurring revenue grew by 9.6% to €9.62 million and continued to account for 76% of total revenue.
On the expenditure side, operating costs increased by 9.4% to €10.4 million compared to €9.47 million in the previous year.
Computime reported an operating profit of €2.33 million which is 10.6% higher than the €2.10 million registered in H1 2025 and translates into an operating profit margin of 18.3% (H1 2025: 18.2%).
Profit before tax increased by 11.7% to €2.32 million (H1 2025: €2.08 million). After accounting for a tax expense of €0.27 million, the net profit attributable to shareholders amounted to €2.06 million (H1 2025: €1.89 million).
The Statement of Financial Position as at 30 June 2026, when compared to the position as at 31 December 2025 shows that total assets rose by 10.8% (or €2.29 million) to €23.5 million, principally composed of intangible assets of €6.26 million, cash and equivalents of €4.89 million, trade receivables of €4.64 million and inventories of €3.01 million, the latter relating to a large-scale infrastructure project and expected by the company to decrease substantially by the end of the year.
Meanwhile, total liabilities rose by 12.5% (or €1.28 million) to €11.6 million largely reflecting a short-term project financing loan of €2.73 million related to the same infrastructure project. Total equity increased by 9.2% (or €1.01 million) to €11.9 million as the profit for the period outweighed the final dividend of €1.10 million paid in respect of the 2025 financial year.
Dividend
The Board of Directors declared an interim net dividend of €0.012325 per share, which is 15% higher than the interim dividend paid for the same period last year. The dividend represents a payout ratio of 37% and is payable to all shareholders as at the close of trading on Monday 28 September 2026 and will be paid by Friday 16 October 2026.
Outlook
In their commentary, the Directors explained that management is confident that 2026 will be another strong year, with the Group expected to achieve further growth in both revenue and profitability and the potential to reach new record levels over the full year. The Directors report also included an outlook for each reportable segment:
Systems Integration
The Directors explained that the Systems Integration division is expected to remain highly active during the second half of the year, delivering a number of significant ongoing projects, including the two multi-year, multi-million-euro government contracts announced earlier this year, which are expected to remain an important area of activity throughout the year and beyond. Alongside the execution of its existing project pipeline, the division will continue to invest in the development of new specialisations, including AI-related cybersecurity and governance, AI-assisted managed services and post-quantum cryptography.
FinTech
The Directors indicated that the FinTech division will continue to focus on strengthening its two principal technology platforms, ‘BRSAnalytics’ and ‘ComplyRadar’. Further growth is expected from ‘BRSAnalytics’ during the second half of the year, supported by the continued expansion of the customer base and the launch of new product modules, including a vendor management solution for customers subject to the Digital Operational Resilience Act (DORA). ‘ComplyRadar’ is also expected to secure a number of important new customer accounts, including some large international customers, while initial work is progressing on the next generation of the platform, which remains at an early stage of development.
Business Software
The Directors expect the Business Software division to maintain its growth trajectory during the remainder of the year, supported by the continued expansion of its Enterprise Resource Planning and AI lines of business, with a number of important ERP projects scheduled to commence during the second half of the year. Moreover, a new enterprise AI application designed to support businesses with demand forecasting, purchasing and inventory optimisation is expected to be completed during the second half of the year.
The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.
This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.
The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.
This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.