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Pörssitiedote

Cyviz AS - Q4 2025 Marks Continued Progress in Strategic Transition

Cyviz
26.2.2026 07:00:01 CET | Cyviz | Half yearly financial reports and audit reports
/ limited reviews

Cyviz AS publishes its financial results for the fourth quarter of 2025 today,
reporting revenue of NOK 203.7 million and EBITDA of NOK 21.1 million.

Revenue and activity levels in the fourth quarter were supported by solid
execution in several regions and increased service activity. Order intake in the
quarter amounted to NOK 152.1 million, and order backlog at year-end was NOK
376.2 million, providing a sound basis entering 2026.

A key development during 2025 was continued progress in Cyviz' transition
towards a more scalable and predictable business model based on software,
services, and recurring revenue. Annual recurring revenue (ARR) reached NOK 65.8
million in the fourth quarter, representing a year-on-year increase of 34.5%.

During the year, Cyviz further operationalized this strategy. Two of the
company's largest global customers were migrated to the Cyviz Software
Management Platform in the fourth quarter, and by year-end the company had
signed 30 partners globally related to the platform, enabling increased scale
through the partner channel.

Market activity during the quarter and throughout the year included
strategically important contract wins within defense, energy, and the public
sector across Europe, North America, and the Middle East, supporting Cyviz'
position in complex, mission-critical collaboration and control environments.

For the full year 2025, EBITDA amounted to NOK 22.1 million, impacted by the
postponement of two larger projects in the Middle East now expected to be
delivered in 2026 and early 2027, as well as continued investments in product
development and organizational capabilities.

"2025 has been a year of execution and transition for Cyviz. The growth in
recurring revenue confirms that our strategic direction is right, and that our
in-house developed hardware and software platform provides a solid foundation
for scaling through partners," says CEO Espen Gylvik.

With a solid order backlog, a significantly strengthened pipeline, and progress
in our recurring revenue model, Cyviz enters 2026 with a strong focus on
execution and long-term value creation.

Cyviz presents the Q4 results today, 26th of February, 09:00 (CET).

Link to landing page LIVE and recording:
https://qcnl.tv/p/e57QKJSGEcx54AbldBNA8g

The report and presentation will also be made available at:
https://www.cyviz.com/investor-relations/

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

CONTACTS

* Espen Gylvik, CEO, Cyviz AS, +4791330644, espen.gylvik@cyviz.com
* Karl Peter Gombrii, CFO, Cyviz, (+47) 92822969, karl.gombrii@cyviz.com

ABOUT CYVIZ

About Cyviz

Cyviz is a global technology provider for comprehensive conference and control
rooms as well as command and experience centers. Since 1998, we have created
next level collaboration spaces, assuring inclusive meeting experiences for in
person and remote attendance.

Cyviz serves global enterprises and governments with the highest requirements
for usability, security, decision making and quality. The cross-platform
experience Cyviz delivers to manage and control systems and resources across the
enterprise, makes Cyviz the preferred choice for customers with complex needs.

Find out more on www.cyviz.com - http://www.cyviz.com or visit one of our Cyviz
Experience Centers in Atlanta, Benelux, Dubai, Houston, Jakarta, London, Oslo,
Paris, Riyadh, Singapore, Stavanger, or Washington DC.

Cyviz is listed on Euronext Growth at the Oslo Stock Exchange (ticker: CYVIZ).

ATTACHMENTS

Cyviz Q4 2025 Financial Results_Presentation_.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18815472/6847/Cyviz%20Q4%202025%2
0Financial%20Results_Presentation_.pdf

Cyviz Q4 2025 Report_.pdf -
https://kommunikasjon.ntb.no/ir-files/17847582/18815472/6848/Cyviz%20Q4%202025%2
0Report_.pdf
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