Computime Holdings plc registered a profit before tax of €2.32 million during the first half of 2026, a 12 per cent increase from the €2.08 million it registered in the first half of the previous year.
The half-yearly results for Computime Holdings plc were published on the Malta Stock Exchange. Computime Holdings is the parent company of Computime Limited, Computime Software Limited and Computime Labs Ltd (collectively the “Group”). The group’s core business is the provision of ICT solutions to corporate clients in Malta and abroad.
The group operates three business divisions: the Business Software and FinTech divisions (both operated by Computime Software Limited), and the Systems Integration division (operated by Computime Limited).
Computime Holdings plc's revenue for the six-month period which ended on 30th June 2026 amounted to €12.7 million, which is higher than the €11.6 million in revenue it had registered in the first half of 2025.
The company noted that recurring revenue grew by 10 per cent in absolute terms, from €8.77 million in H1 2025 to €9.62 million in the first half of this year, and amounted to 76 per cent of total revenue. It said that recurring revenue is earned from two main revenue streams, which are renewable software and hardware subscriptions, and maintenance or managed services agreements.
The company's total liabilities increased from €10.3 million as at the end of the previous financial year to €11.6 million as at the end of the reporting period.
Operating profit improved from €2.10 million in the first half of 2025 to €2.33 million – an increase of 11 per cent.
The company’s current assets increased from €12.6 million to €14.4 million, with the company attributing this increase largely to a “specific large-scale infrastructure project,” and saying that this level of inventory is expected to decrease substantially by the end of the current year. It has total assets of €23.46 million
The report also provided information on the performance of each division.
Business Software Division
Business Software Division revenue increased by 6 per cent, from €1.74 million in H1 2025 to €1.84 million. Profit before tax attributed to the division increased by 5 per cent, from €294,057 in H1 2025 to €307,348.
The report notes that the AI enterprise solutions platform is becoming a strategic area for the division, and that the group continued to invest in its development during the period. “It is expected to become an increasingly important contributor to the division’s growth over the coming years.”
FinTech Division
The report noted that revenue for the division amounted to €1.91 million (H1 2025: €1.72 million) – an increase of 11 per cent.
The division recorded a 29 per cent increase in attributable profit, from €768,282 in H1 2025 to €994,430.
Systems Integration Division
This division registered a revenue of €8.33 million for the six-month period ended 30 June 2026 (a year-on-year growth of 12 per cent). Profit attributable to the division grew from €904,081 in H1 2025 to €1,038,427 (an increase of 15 per cent).
The Board of Directors propose that an interim net dividend of €900,000, equivalent to €0.0145 per share be distributed to the shareholders of the company in respect of the year ending 31st December 2026.
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