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Virtualware Q1 bookings hit €2.5M, projecting annual run-rate over €10M, with strong growth and margin outlook.

Analyst Insights
28 May 2026
Globe News Wire
View Source
Bullish
pluang ai news

Virtualware reported Q1 2026 bookings of approximately €2.5 million, implying an annualized run-rate exceeding €10 million, surpassing its 2025 full-year record of €8 million. Revenue is forecasted to grow from €4.3 million in 2025 to €8.4 million by 2028, with EBITDA margins expanding significantly from 14.5% to 46.6% over the same period. The company is also expected to increase recurring subscription revenues from €1.9 million in 2025 to €4.9 million by 2028, reflecting strong business momentum and operational efficiency. This positive outlook is supported by a recent analyst report valuing the stock between €5.9 and €6.5 per share.

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