Span reports first-half growth: what it means for Span stock

Published on 10/02/2026 at 16:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Span generated EUR 140.1 million in first-half 2026 revenue, up 20.00 percent. For Span stock, this means EBITDA reached EUR 5.0 million.

Span, HRSPANRA0007, Illustration mit AI erstellt.

Span (ISIN HRSPANRA0007) generated EUR 140.1 million in revenue during the first half of 2026, up 20.00 percent from the same period a year earlier, according to Lidermedia on September 23, 2026. EBITDA reached EUR 5.0 million and net profit stood at EUR 1.5 million for the same reporting period.

Revenue grows while profit scales

The first-half figures show that Span expanded its top line faster than its earnings base. The EUR 140.1 million revenue result compares with EUR 116.8 million in the first half of 2025, while EBITDA represented 3.57 percent of revenue.

Management attributed the weaker profitability to investment in international expansion, new markets and hiring, according to Lidermedia. For investors, the central comparison is therefore revenue growth of 20.00 percent against a net profit of EUR 1.5 million.

Microsoft and cyber security expand the story

Span secured Microsoft Frontier Partner status in 2026 and entered the EU Cybersecurity Reserve program, where it was identified as the only Croatian company among selected providers for European Union institutions, Lidermedia reported on September 23, 2026.

The strategic additions matter because they connect Span's revenue expansion with higher-value technology and cyber security services. The company also operates across several international markets, with exports accounting for 86.00 percent of revenue, compared with 74.00 percent five years earlier.

Span stock and the Zagreb listing

Span stock was quoted at EUR 48.60 on the Zagreb Stock Exchange on September 15, 2026. The company trades under ticker SPAN, and its shares have been listed in Zagreb since September 23, 2021.

The listing gives investors a market reference for a business whose first-half revenue rose by EUR 23.3 million year over year. The earnings mix remains the key counterweight: EUR 5.0 million of EBITDA and EUR 1.5 million of net profit leave profitability well below the pace of revenue growth.