Netcompany Group A/S (NTCYF) Q2 2026 Earnings Call Transcript

Netcompany Group A/S ( NTCYF ) Q2 2026 Earnings Call August 13, 2026 5:00 AM EDT Company Participants André Rogaczewski - Co-Founder, CEO & Member of Executive Board Thomas Johansen - Partner, CFO & Member of Executive Board Conference Call Participants George Webb - Morgan Stanley, Research Division Claus Almer - Nordea Markets, Research Division Mads Quistgaard - DNB Carnegie, Research Division Yiwei Zhou - SEB, Research Division Poul Jessen - Danske Bank A/S, Research Division Presentation André Rogaczewski Co-Founder, CEO & Member of Executive Board [Audio Gap] complex and even more valuable responsible solutions in regulated industries. Feniks is becoming a real market differentiator and hence, making it possible for us to stand out and take market share. This quarter also marks the first year of ownership of the former SDC that is now Netcompany Banking Services. We are moving ahead as planned, and I will give an update on the progress and other exciting news in a little while. And can I have the next slide, please? Coming to the first half year results, we reached DKK 4.9 billion in revenue, which is more than a 40% year-over-year growth, with 15% of that being driven organically, once again outperforming the market significantly. This reflects strong demand from both our existing but also new customers. We are seeing a shift in the market right now as customers are moving past the experimental and proof-of-concept phases with AI, they are definitely now focused on actual execution and implementation. That's where we are adding value, helping them to turn ambitions into real outcomes and margin expansion. It's a very good position to be in, and we are pleased with how we are tracking and especially with the development and the continuous rollout of Feniks. Can I have the next slide, please? Feniks AI, which we first launched for customers in