Dear shareholders and investors, the past weeks were about delivering on what we announced. We published our interim consolidated results for the first half of 2026—revenue up 14%, EBITDA up 48%, and net profit more than doubled—and presented them, together with the Group’s growth strategy, to investors in Germany at the Hamburg Investor Days, our first on-site investor event there since the Frankfurt listing. And on 18 September we completed the acquisition of a 51% stake in Jucari Global, turning last month’s signing into Sirma’s first operating footprint in Asia-Pacific. Below is a concise summary of everything that happened between 15 August and 24 September 2026, with links to the full stories.
Highlights at a glance
- Acquisition of 51% of Jucari Global Pty Ltd (Perth, Australia) completed on 18 September; consolidated from September 2026.
- Interim consolidated H1 2026 report published on 24 August: revenue of EUR 33.7 million (+14%), EBITDA of EUR 2.56 million (+48%), and net profit of EUR 1.10 million (+113%).
- Hamburg Investor Days, 26 August: CEO Tsvetan Alexiev and CFO Yordan Nedev held one-on-one meetings and presented H1 2026 results and strategy—the recording is available online.
- CEO Tsvetan Alexiev on Bloomberg TV Bulgaria: why Asia-Pacific and Australia are becoming important markets for Sirma.
- On the road: TBM AI Tech Summit in Belgrade, Arabian Travel Market in Dubai, and Port to Port THREE in Hull.
- Upcoming: interim individual Q3 2026 report by 30 October; German Equity Forum, Frankfurt, 23 November; interim consolidated Q3 2026 report by 30 November.
Sirma completes its investment in Jucari Global
On 18 September, Sirma completed the acquisition of 51% of Jucari Global Pty Ltd, the Perth-headquartered supply chain and logistics technology specialist and CargoWise Platinum Service Partner whose signing we reported last month. The remaining 49% stays with the founding shareholder, with put and call options over it in the medium term, and the acquisition was financed from own funds and existing credit lines. Jucari Global closed its financial year to 30 June 2026 with revenue of more than AUD 6.7 million and EBITDA of around AUD 2 million and expects revenue to grow to AUD 8.5 million in the year to June 2027 with EBITDA at least at the 2026 level. It engages around 50 people and operates across Australia, Singapore, Japan, China, and South Africa, which gives Sirma an operating presence across Asia-Pacific. Jucari Global will be consolidated from September 2026; the transaction is not expected to have a material impact on the Group’s 2026 results. “Completing this investment gives us a strong foundation for the next phase of our shared journey,” said CEO Tsvetan Alexiev, while Justine Kruger, Founder and CEO of Jucari Global, said, "Joining forces with Sirma gives us additional scale and technology depth to build on that foundation.”
H1 2026: revenue up 14%, net profit more than doubled
On 24 August, Sirma published its interim consolidated report for the six months to 30 June 2026—the first under the Group’s new name and non-holding structure. Revenue rose 14.2% to EUR 33.7 million (H1 2025: EUR 29.5 million), while EBITDA grew 47.9% to EUR 2.56 million (H1 2025: EUR 1.69 million), lifting the EBITDA margin from 5.7% to 7.6%. Net profit more than doubled to EUR 1.10 million (H1 2025: EUR 0.52 million); profit attributable to owners of the parent rose to EUR 577 thousand from EUR 217 thousand, and earnings per share to EUR 0.0100 from EUR 0.0038. On 30 June 2026, the Group held EUR 6.2 million in cash, total assets stood at EUR 65.5 million, and equity at EUR 43.1 million.
→ Go to the H1 2026 consolidated report
Hamburg Investor Days: our first on-site investor event in Germany
On 26 August, Sirma took part in the Hamburg Investor Days—its first on-site investor event in Germany since the dual listing on the Frankfurt Stock Exchange in February. CEO Tsvetan Alexiev and CFO Yordan Nedev held one-on-one meetings with investors and then presented the H1 2026 results and the Group’s growth strategy: Sirma is an emerging European technology group combining 34 years of software expertise and deep knowledge of five industry verticals with Enterprise AI, expanding internationally to help customers modernize their operations. “The conversations in Hamburg reaffirmed that we are moving in the right direction. Investors recognize the strength of our technology foundation, the relevance of our industry expertise, and the potential of Enterprise AI,” said Tsvetan Alexiev. Yordan Nedev added, "The discussions confirmed that our focus on clearer business priorities, transparent cash flows, profitability, and long-term value creation is the right one.” The full presentation can be watched online.
→ Watch the investor presentation
Next chapter: CEO on expanding into Asia and Australia
In an interview with Bloomberg TV Bulgaria, published on 31 August, CEO Tsvetan Alexiev set out why Sirma is looking beyond Europe: with European economies under pressure from the wars in Ukraine and the Middle East, Asia-Pacific and Australia are becoming increasingly important markets. The Jucari Global acquisition is the vehicle—it brings an operating presence in the region and three SaaS products that Sirma plans to strengthen with AI capabilities. Europe remains the Group’s core market, where demand for data sovereignty and digital independence continues to support Sirma’s sovereign-AI offering.
Research coverage
Montega AG, which provides research coverage of Sirma, published a comment on 4 September, “HIT Feedback and H1 Figures," following the H1 2026 results. Montega’s research notes are available on the research-coverage page of our investor website.
Upcoming events · Q3 reporting and the German Equity Forum
Sirma will disclose its interim individual report for Q3 2026 by 30 October and its interim consolidated Q3 2026 report by 30 November. The Q3 consolidated figures will include Jucari Global for the first time for the month of September. Management will meet investors again at the German Equity Forum (Deutsches Eigenkapitalforum) in Frankfurt on 23 November 2026.
On the road: Belgrade, Dubai, and Hull
Sirma’s teams took the Group’s industry expertise to three international events during the period. At the TBM AI Tech Summit in Belgrade on 3–4 September, Rumyana Stoykova and Merdihan Ismailov presented “The Agentic Enterprise: Proven in Banking, Built for Every Industry”, on what it takes to move from AI pilots to agentic systems that run in regulated industries. At the Arabian Travel Market in Dubai on 14–17 September, Sirma joined the Bulgarian delegation, with Julian Masliankov, CEO of Sirma FZE, meeting travel and hospitality companies from across the region. And on 24 September Monika Ilieva, SVP of Transport & Logistics, joined the International Trade, Logistics & Technology panel at Port to Port THREE in Kingston upon Hull—an initiative of the Hull & Humber Chamber of Commerce, C4DI, and BBCC Expansion Bridge to strengthen links between the Humber region and Bulgaria—speaking on how data, AI and digital platforms can give logistics businesses the visibility and operational control they need across complex supply chains.
→ About the TBM AI Tech Summit
Wealth Has Changed Shape
Wealth management is being reshaped by three forces at once: assets that are increasingly mobile across jurisdictions, portfolios that stretch from tokenized instruments to private markets, and AI-driven advisory models. Written with input from Temenos and Bain & Company research, the piece notes that millionaire migration has nearly tripled since 2013 and that front-office staff spend more than half their time on administration—which is where AI can raise relationship-manager productivity without replacing judgment. It singles out South-Eastern Europe, with first-generation wealth creation and the chance to build cloud-native rather than on legacy systems, as a particular opportunity.
Series · Digital sovereignty, from talking point to requirement
Sirma’s eight-week series on LinkedIn followed how digital sovereignty has moved from a talking point to a condition of doing business: procurement frameworks increasingly make it a requirement for winning contracts, and regulation is becoming a product requirement for regulated organizations. Its conclusion is that the advantage lies in AI that organizations can run with confidence—sensitive data kept in the customer’s controlled environment and every layer of the stack governed under one consistent set of rules—which is what Sirma.AI Enterprise delivers under a single European jurisdiction without limiting model choice.
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