Artificial Intelligence is emerging as a key growth driver for Qualco, according to what the group's management presented during yesterday's Annual General Meeting of shareholders, while at the same time the company continues to strengthen its international presence.
The group's chairman, Orestis Tsakalotos, described the first half of 2026 as a period of disciplined execution and targeted expansion across the entire group. He pointed out that despite market turbulence and geopolitical shifts on a global scale, the group is reaffirming its annual forecasts, the guidance, for revenue and profitability for the 2026 financial year.
It is recalled that the management has communicated medium-term guidance for revenue of approximately 13–17% (mid-teens) and adjusted EBITDA of approximately 20%.
In particular, Qualco group's revenue in 2025 amounted to €216 million, recording a 17% year-on-year increase.
At the same time, according to the group's announcement, adjusted EBITDA for the 2025 financial year amounted to €43 million. and increased by 12% year-on-year, confirming the organization's confidence in maintaining strong profitability, in line with the medium-term IPO guidance for an EBITDA margin of approximately 20% within two years from the IPO. Also, the group estimates that as a result of the adoption of AI, its operational efficiency will accelerate profit growth and widen profit margins.
Adjusted Net Profit for the 2025 financial year, excluding share awards and one-off expenses incurred in 2025, amounted to €17 million., up 6% year-on-year, demonstrating resilience and management's focus on delivering long-term returns for shareholders, in line with the strategic growth vision.
New markets, new customers and expansion into Asia
During the General Meeting, Mr. Tsakalotos stressed that the group continues to grow in new markets, new products and new platforms, further strengthening our position with top-tier institutional clients across Europe and the Middle East.
“We are investing decisively in the technological foundations that we believe will define the next decade of value creation in the Qualco group. Our algorithms and deep technology are establishing the group in the era of Artificial Intelligence, where the competitive advantage of 25 years becomes more valuable as Artificial Intelligence spreads at such a pace.
For us, Artificial Intelligence is not a future ambition, it is a present reality grounded in 25 years of proprietary data, regulated work roles, in live products already operating in the international market and in institutional partnerships across Europe,” he said.
For his part, Qualco CEO Miltiadis Georgantzis analyzed the latest developments in the group's software and technology pillar, which, as he said, had a strong start in 2026, maintaining the commercial momentum it also had in 2025.
“In the first half, we managed to gain 7 new customers internationally, 4 of whom are in the Middle East despite the instability in the region. We started expanding into Asia. We have found commercial partners in both Cambodia and Indonesia, which we consider highly promising markets,” he explained.
The group's next bets on Artificial Intelligence
However, Mr. Georgantzis noted that the most important development is the group's progress in the field of Artificial Intelligence. As he said, the company has already launched the ML Studio platform, which helps organizations shape data and perform machine learning-based analyses with very high speed and productivity.
He also revealed that within the second quarter they will launch Agentic AI Studio, a corresponding platform that allows our customers to automatically create AI agents and integrate digital assistants into their production process.
Furthermore, as he mentioned, the company launched the new claims management platform Agenly, which leverages Artificial Intelligence. It is currently being made available on a pilot basis to a limited group of users, while its commercial launch is expected to begin in September.
At the same time, Mr. Georgantzis revealed that the group's software production teams have already adopted AI practices at approximately 50%, while by the end of the year this percentage is expected to reach 90%.
Subsequently, the group's management presented developments around Quento, which is the group's new arm in the ICT services sector. As stated by Quento CEO, Nikos Psimogiannis, within its first year of operation the company recorded strong growth, gained an international presence and significantly expanded the group's technological capabilities.
At the same time, it was already profitable from its first year of operation, achieving an EBITDA margin close to 20%, significantly higher than the market average. In addition, during the first half of 2026 it secured new contracts worth more than €30 million, which, combined with the performance of 2025, confirm its dynamic growth trajectory.
Referring to the key milestones of the first year, Mr. Psimogiannis noted that three significant acquisitions were completed, a unified operating model was created with a presence in Greece, Belgium, Luxembourg and Romania, while the company is implementing projects in a total of 11 European countries. At the same time, the group's capabilities were significantly strengthened, among others, in the fields of Artificial Intelligence, data and cybersecurity.
Dynamic growth in claims management and portfolios
On the other hand, regarding the course of Qualco Intelligence Finance, the group's management spoke of strong performance in the first half of 2026 in the direction of international expansion, securitizations and digital transformation with AI as a guide.
“The progress of the first half of 2026 confirms Qualco Intelligence Finance's course toward an integrated claims management ecosystem, as well as securitizations. The broader geographic presence and increasing technological differentiation are what matter most to us above all,” said the Chairman and CEO of Qualco Intelligent Finance and Deputy CEO of the Qualco group, Giorgos Kazos.
Finally, regarding the portfolio management sector, the management of Quant stated that during the first half of 2026 total assets under management increased to 21 billion, strengthening the company's position as the leading independent manager in the Greek market. At the same time, it noted that during the same period four new retail portfolios were added, with a total value of 3.35 billion.
“We are in an excellent position in the market to achieve the 2026 results we have committed to, and the most important thing, I think, is the progress we are making with Artificial Intelligence, which is a key growth axis.
Its integration into the operations of all the group's companies, something we are doing extremely actively, will bring significant results to the company's profitability from 2027. I think we will exceed whatever expectations we had set for ourselves”, concluded Mr. Georgantzis.