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cBrain announces next phase growth plan and short-term financial targets for 2026

Mon, 19 Jan 2026 08:50:38 -0500

Company Announcement no. 01/2026

cBrain announces next phase growth plan and short-term financial targets for 2026

Copenhagen, January 19, 2026

cBrain^® (NASDAQ: CBRAIN) is at a strategic crossroads, now taking the next step in its long-term journey toward leadership in the large and emerging global market for standard (COTS) software for government.

We have finalized our three-year plan ending in 2025, and both our customers and markets are evolving in ways that support our global ambitions. Building on a strong product and customer foundation, cBrain is therefore excited to announce the next cycle of its long-term

cBrain announces next phase growth plan and short-term financial targets for 2026

Mon, 19 Jan 2026 08:50:38 -0500

Company Announcement no. 01/2026

cBrain announces next phase growth plan and short-term financial targets for 2026

Copenhagen, January 19, 2026

cBrain adjusts expectations for 2025 while preparing a new growth plan for 2026–2028

Mon, 22 Dec 2025 06:43:31 -0500

Company Announcement no. 11/2025

cBrain adjusts expectations for 2025 while preparing a new growth plan for 2026–2028

Copenhagen, December 22, 2025

In October, cBrain^® (NASDAQ: CBRAIN) forecasted revenue for 2025 of DKK 268–281 million, corresponding to year-on-year growth of 0–5%.

During the fourth quarter, cBrain secured orders from existing and new clients. The new clients included the Danish Secretariat for Competence Development as well as the delivery of a digital platform for Aarhus Municipality, the second largest municipality in Denmark.

However, these positive developments were not sufficient to offset a further decline and postponement of

cBrain adjusts expectations for 2025 while preparing a new growth plan for 2026–2028

Mon, 22 Dec 2025 06:43:31 -0500

Company Announcement no. 11/2025

cBrain adjusts expectations for 2025 while preparing a new growth plan for 2026–2028

Copenhagen, December 22, 2025

In October, cBrain^® (NASDAQ: CBRAIN) forecasted revenue for 2025 of DKK 268–281 million, corresponding to year-on-year growth of 0–5%.

However, these positive developments were not sufficient to offset a further decline and postponement of

Building on strong results – preparing for the next growth cycle

Wed, 05 Nov 2025 08:20:36 -0500

COMPANY ANNOUNCEMENT no. 10/2025

Building on strong results – preparing for the next growth cycle

Copenhagen, November 5, 2025

cBrain^® (NASDAQ: CBRAIN) maintains the execution of its fundamental growth strategy, which is built on four pillars:

1.        Developing individual large customers
2.        Taking positions in selected niches
3.        Building subscriptions
4.        Developing a partner channel

Large Customers
In Q3, cBrain secured its largest individual agreement in Denmark by signing a contract with Aarhus Municipality. Aarhus is Denmark’s second-largest city, and once fully implemented, the city is expected to have 20,000 users on

Building on strong results – preparing for the next growth cycle

Wed, 05 Nov 2025 08:20:36 -0500

COMPANY ANNOUNCEMENT no. 10/2025

Building on strong results – preparing for the next growth cycle

Copenhagen, November 5, 2025

cBrain^® (NASDAQ: CBRAIN) maintains the execution of its fundamental growth strategy, which is built on four pillars:

1.        Developing individual large customers
2.        Taking positions in selected niches
3.        Building subscriptions
4.        Developing a partner channel

cBrain lower revenue growth expectations for the year 2025 to 0-5%, while upgrading expected EBT to 24-27%

Thu, 23 Oct 2025 05:40:18 -0500

Company Announcement no. 09/2025

cBrain lower revenue growth expectations for the year 2025 to 0-5%, while upgrading expected EBT to 24-27%

Copenhagen, October 23, 2025

In August, cBrain^® (NASDAQ: CBRAIN) reported revenue for the first half of 2025 of DKK 132 million, down 5% from DKK 139 million in the same period of 2024. This was due to postponed government procurements which led to a decline in one-time software license sales.

In August, cBrain maintained it’s full-year guidance, growing revenue 10-15% with an EBT margin of 18-23%, as our pipeline

cBrain lower revenue growth expectations for the year 2025 to 0-5%, while upgrading expected EBT to 24-27%

Thu, 23 Oct 2025 05:40:18 -0500

Company Announcement no. 09/2025

cBrain lower revenue growth expectations for the year 2025 to 0-5%, while upgrading expected EBT to 24-27%

Copenhagen, October 23, 2025

In August, cBrain maintained it’s full-year guidance, growing revenue 10-15% with an EBT margin of 18-23%, as our pipeline

cBrain® advances global growth strategy, maintaining long-term focus

Thu, 21 Aug 2025 03:01:00 -0500

Company Announcement no. 08/2025

cBrain® advances global growth strategy, maintaining long-term focus

Copenhagen, August 21, 2025

We are now entering the final half year of our 2023–2025 growth plan. We see standard software for government evolving into a large industry, challenging the dominance of traditional suppliers. With more than 15 years of experience, a strong product position, and solid customer references, we look confidently toward the next decade.

We aim to take a leadership position within the commercial off-the-shelf (COTS) software for government industry, and we

cBrain® advances global growth strategy, maintaining long-term focus

Thu, 21 Aug 2025 03:01:00 -0500

Company Announcement no. 08/2025

cBrain® advances global growth strategy, maintaining long-term focus

Copenhagen, August 21, 2025

We aim to take a leadership position within the commercial off-the-shelf (COTS) software for government industry, and we

cBrain appoints new CFO

Tue, 10 Jun 2025 18:00:00 -0500

Company Announcement no. 07/2025

cBrain appoints new CFO

Copenhagen, June 11, 2025

cBrain (NASDAQ: CBRAIN) is happy to announce that Lars Møller Christiansen has accepted the role as new CFO starting August 1^st, 2025.

Lars Møller Christiansen comes from a position as Deputy Director at the Environmental Protection Agency (EPA), now known as the Agency for Green Land Use Planning and Aquatic Environment. Lars was responsible for financial management and digitization at the Danish EPA.

cBrain’s current CFO, Ejvind Jørgensen, wishes to step down after nine years in the

cBrain appoints new CFO

Tue, 10 Jun 2025 18:00:00 -0500

Company Announcement no. 07/2025

cBrain appoints new CFO

Copenhagen, June 11, 2025

cBrain (NASDAQ: CBRAIN) is happy to announce that Lars Møller Christiansen has accepted the role as new CFO starting August 1^st, 2025.

cBrain’s current CFO, Ejvind Jørgensen, wishes to step down after nine years in the

cBrain aims to create and lead two new global solution niches

Tue, 29 Apr 2025 09:19:17 -0500

Company Announcement no. 05/2025

cBrain aims to create and lead two new global solution niches

Copenhagen, April 29, 2025

The faster-than-anticipated shift in the government IT market toward COTS government software presents new strategic opportunities for cBrain. As a result, cBrain (NASDAQ: CBRAIN) has announced to adjust its growth strategy during the first half of 2025 to capitalize on these market changes.

Consequently, the growth strategy is extended by adding a focus on two market niches with global potential. Utilizing a strong financial position, cBrain is

cBrain aims to create and lead two new global solution niches

Tue, 29 Apr 2025 09:19:17 -0500

Company Announcement no. 05/2025

cBrain aims to create and lead two new global solution niches

Copenhagen, April 29, 2025

Consequently, the growth strategy is extended by adding a focus on two market niches with global potential. Utilizing a strong financial position, cBrain is

cBrain reports EBT of 32% and raises payout ratio to 20%

Thu, 20 Feb 2025 03:02:47 -0500

Company Announcement no. 03/2025

cBrain reports EBT of 32% and raises payout ratio to 20%

Copenhagen, February 20, 2025

cBrain (NASDAQ: CBRAIN) reports revenue grew by +12% to DKK 268m in 2024, up from DKK 239m in 2023, aligning with the expected revenue growth range of 12-13%.

Software revenue is 78% of total revenue, while implementation and support services account for 22% of total revenue. Software subscriptions, the majority based on long-term contracts with Danish government customers, account for more than 50 % of the total revenue.

Earnings

cBrain reports EBT of 32% and raises payout ratio to 20%

Thu, 20 Feb 2025 03:02:47 -0500

Company Announcement no. 03/2025

cBrain reports EBT of 32% and raises payout ratio to 20%

Copenhagen, February 20, 2025

cBrain (NASDAQ: CBRAIN) reports revenue grew by +12% to DKK 268m in 2024, up from DKK 239m in 2023, aligning with the expected revenue growth range of 12-13%.

Earnings

cBrain intends to take lead in COTS for government industry

Thu, 20 Feb 2025 03:00:48 -0500

Company Announcement no. 02/2025

cBrain intends to take lead in COTS for government industry

Copenhagen, February 20, 2025

cBrain (NASDAQ: CBRAIN) revenue grew by +12% to DKK 268m in 2024, up from DKK 239m in 2023. Earnings before tax (EBT) grew to DKK 86m in 2024, up from DKK 81m in 2023, thereby reaching an EBT margin of 32%.

Results are in line with expectations, forecasting a revenue growth range of 12-13% and EBT margin of 30-32%.

Strong positive cash flow from operating activities enables

cBrain intends to take lead in COTS for government industry

Thu, 20 Feb 2025 03:00:48 -0500

Company Announcement no. 02/2025

cBrain intends to take lead in COTS for government industry

Copenhagen, February 20, 2025

Results are in line with expectations, forecasting a revenue growth range of 12-13% and EBT margin of 30-32%.

Strong positive cash flow from operating activities enables

cBrain raises expected 2024 EBT margin to 30-32%

Mon, 20 Jan 2025 08:33:01 -0500

Company Announcement no. 01/2025

cBrain raises expected 2024 EBT margin to 30-32%

Copenhagen, January 20, 2025

For the year 2024, cBrain (NASDAQ: CBRAIN) has forecasted revenue growth of 10-15% and earnings before tax (EBT) of 24-30%.

Revenue growth is now narrowed from 10-15% to 12-13%, aligning with the middle of the previous range. In parallel cBrain raises expected EBT from 24-30% to 30-32%. The expected revenue growth is in line with the three-year growth plan,

cBrain raises expected 2024 EBT margin to 30-32%

Mon, 20 Jan 2025 08:33:01 -0500

Company Announcement no. 01/2025

cBrain raises expected 2024 EBT margin to 30-32%

Copenhagen, January 20, 2025

For the year 2024, cBrain (NASDAQ: CBRAIN) has forecasted revenue growth of 10-15% and earnings before tax (EBT) of 24-30%.

cBrain executes growth plan, remaining on target

Thu, 07 Nov 2024 03:09:34 -0500

Company Announcement no. 11/2024

cBrain executes growth plan, remaining on target

Copenhagen, November 7, 2024

Driven by expanding partnerships and large contracts globally, cBrain (NASDAQ: CBRAIN) intends to become a leading supplier of COTS (commercial off-the-shelf) software for government. Based on solid development in Denmark and a solid growing international pipeline of customer projects, cBrain foresees significant growth in 2025.

Commercial off-the-shelf (COTS) software redefines and accelerates government digital transformation
Software for government digitization is one of the largest markets globally. Currently, this market is

cBrain executes growth plan, remaining on target

Thu, 07 Nov 2024 03:09:34 -0500

Company Announcement no. 11/2024

cBrain executes growth plan, remaining on target

Copenhagen, November 7, 2024

Correction: cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%

Mon, 28 Oct 2024 08:48:19 -0500

Company Announcement no. 10/2024

cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%

Copenhagen, November 28, 2024

cBrain (NASDAQ: CBRAIN) is executing its international growth plan with a financial goal of reaching total revenue of 350 million DKK in 2025. This goal is anchored in two primary revenue streams, referred to as “Base” and “Stepping stones”.

The “Base” stream aims to achieve annual revenue growth of 10-15%

Correction: cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%

Mon, 28 Oct 2024 08:48:19 -0500

Company Announcement no. 10/2024

cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%

Copenhagen, November 28, 2024

The “Base” stream aims to achieve annual revenue growth of 10-15%

cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-28%

Mon, 28 Oct 2024 08:37:15 -0500

Company Announcement no. 10/2024

cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-28%

Copenhagen, November 28, 2024

The “Base” stream aims to achieve annual revenue growth of 10-15% by strengthening and expanding existing operations and customer relationships. In parallel, the “Stepping Stones”