Board meeting14 November 2026
The ask
Approve €4.2m for three initiatives, returning 3.1× within 36 months.
AMAOwnerM. Albers
Expand EuropeBenelux, Poland, Nordics
€1.8mShare43 %Payback18 months
Expected return3.0×01×2×3×4×
BJOOwnerJ. Okafor
Scale the platformEngineering and API
€1.5mShare36 %Payback12 months
Expected return3.6×01×2×3×4×
CSBOwnerS. Brandt
Win enterpriseSales, key-account team
€0.9mShare21 %Payback14 months
Expected return2.4×01×2×3×4×
Weighted average 3.1×Planning Sept to Nov 2026Appendix 12 / 14
Decision required
Blended ROI3.1×
Cumulative return on the €4.2m invested, over 36 months
Next stepPass the
resolution
resolution
Paper 12 / 14Confidential
Quarterly report · Q3 2026All regions
Growth
Revenue beat plan in all three regions by 14%.
Net revenue
€48.2m14.2% vs planAnnual target86%
New customers
2,84122.0% YoYAnnual target79%
Retention
94.6%3.1 pp YoYAnnual target94%
EBITDA margin
31.8%±0.4 pp YoYAnnual target58%
Revenue per quarterin €m, actual vs plan
ActualPlan8 min read
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