Quality & Reliability stock reports 60.8 percent revenue growth

Published on 10/05/2026 at 22:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quality & Reliability stock was last at EUR 1.28 on October 5, 2026, as first-half revenue reached EUR 13.90 million. Net income rose to EUR 2.17 million.

Quality & Reliability, GRS396003006, Illustration mit AI erstellt.

Quality & Reliability stock (ISIN GRS396003006) was last at EUR 1.28 on the Athens Stock Exchange on October 5, 2026, at 5:19 p.m. EEST, up 0.63 percent from EUR 1.27. The company had reported first-half 2026 revenue of EUR 13.90 million, giving the market a fresh operating benchmark for the expanded group.

Revenue reaches EUR 13.90 million

According to Insider on September 23, 2026, consolidated revenue for the six months ended June 30, 2026, rose 60.8 percent to EUR 13.90 million from EUR 8.65 million in the first half of 2025. The increase reflected organic growth, the integration of businesses acquired in 2025 and the consolidation of MTIS from February 2026.

EBITDA reached EUR 3.16 million in the same period, 52.0 percent above EUR 2.08 million a year earlier, while the EBITDA margin stood at 22.7 percent. The figures combine growth from the enlarged group with the costs of integrating its new operating units.

Profit growth outpaces sales

Quality & Reliability's first-half net income after taxes climbed to EUR 2.17 million from EUR 0.75 million, an increase of 189.3 percent. Pre-tax profit rose 87.9 percent to EUR 2.04 million from EUR 1.09 million, according to Bankingnews in its September 23, 2026 report.

The adjusted EBITDA figure was EUR 3.56 million, up 71.0 percent, with an adjusted margin of 25.6 percent compared with 24.0 percent in the first half of 2025. This comparison matters because EUR 0.36 million of nonrecurring acquisition-related expenses and EUR 0.04 million of impairment charges weighed on reported operating profitability.

Backlog supports the second half

Existing contracts provided EUR 17.3 million of invoicing backlog at June 30, 2026. The group also completed the acquisition of 51 percent of Polish ServiceNow specialist EXIM-IT in July, with the deal adding another international technology platform to the business.

Balance-sheet figures added a second counterweight to the acquisition costs: group equity reached EUR 14.74 million at June 30, 2026, compared with EUR 6.74 million at December 31, 2025, while net debt declined to EUR 1.45 million from EUR 2.28 million. Quality & Reliability describes digital transformation, artificial intelligence, cybersecurity, SAP and ServiceNow as key areas for its combined offering.

Quality & Reliability stock stays near EUR 1.28

Quality & Reliability stock was last at EUR 1.28 on October 5, 2026, at 5:19 p.m. EEST. Its 52-week range was EUR 1.00 to EUR 1.51, and its market capitalization was EUR 35.0 million.