The exercise began with a clear focus on the market. After several years of sustained growth in BME Growththe company faced 2025 with the intention of reinforcing credibility as a scalable business project, anticipating a stage of greater visibility and demand.
This strategy had a first clear signal: the January acquisition of Assured Thoughta British quality engineering and software testing firm with a focus on financial services. An operation that reinforced capabilities and confirmed to the market that the inorganic growth of our technology consulting firm will continue to be selective, aligned with areas of high added value and with industrial logic.
During the first semester, we put the emphasis on businesses with structural demand —digital transformation, cybersecurity, data and artificial intelligence—with the support of our results: increased revenue and improved normalized EBITDA, with margins that resist in a context of expansion. The market, beyond the figures, read that capacity to absorb growth, cost discipline and a financial structure prepared for the next level.
Starting in April, international consolidation accelerated with two operations: Grupo MBCwhich complements and reinforces our presence in the United Kingdom, and Coderlandwith strong implementation in Central America to consolidate regional growth in Latin America. Same pattern: scale in strategic markets without straining the financial structure.
He July 4, 2025 will be marked in the history of our company: that day Izertis made the leap to the Continuous Marketthe main segment of the Spanish stock market. More than a destiny, it was the natural consequence of an orderly and sustained organic and inorganic growth. The change meant expanding the investment universe (institutional, national and international), increasing analyst coverage and raising the bar in corporate governance and financial communication, challenges that are assumed as part of our natural evolution, reinforcing the profile of a mature listed company within the technology sector.
With that basis, in September we presented the Guidance 2030: 500 million euros of revenue and 65 million normalized EBITDA. It’s not just ambition. It is visibility and predictability to measure execution. The roadmap is clear: combination of organic and inorganic growth, focus on profitability, and integration and generation of real synergies.
A month later we added critical mass in Spain with the digital transformation business of the ICA Group (ICALIA and ICATD)reinforcing software development and consulting.
The recognitions – the Capital Award for Innovation and Technology, and the Asturias Business Award 2025 from the Asturian Federation of Entrepreneurs (FADE) – have accompanied the business and technological positioning, underlining our trajectory, sustained growth and ability to compete in global markets.
Keys for 2026
In 2026, Izertis does not change course, it goes deeper into it. The focus will be more operational discipline, greater financial rigor and focus on the execution of the strategic plan. In the next twelve months, the investor will focus on execution above the incumbent: effective integration of acquisitions, operational efficiency and cost discipline to sustain margins and cash generation. You will also notice a organic growth focused on areas of greater added value, with proven return projects and a resilient commercial mix, and will require prudent M&Awith selective pipeline, rapid integration and value creation before volume.
Likewise, it will address specific catalysts regarding Guidance, the signing of relevant contracts in regulated sectors, the improvement of liquidity and analyst coverage, and progress in corporate governance.
We therefore enter 2026 with our homework done and the Looking to 2030: greater scale, better profitability and execution without shortcuts.