Ad-hoc | 24 November 2025 10:50
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Circus SE / Key word(s): Forecast
ENGLISCH NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Ad-hoc disclosure under Art. 17 MAR (Market Abuse Regulation): Circus provides outlook for fiscal year 2026 München, 24 November 2025 – Based on existing customers, Circus expects revenues of between €44 million and €55 million for the coming fiscal year 2026. Due to continued scaling, EBITDA is expected to be negative between €6 million and €8 million. The company anticipates that earnings will gradually improve as deliveries scale up and the share of recurring software revenues grows. In order to achieve potentially higher sales and earnings targets, the company is currently considering raising additional growth capital in the form of equity or debt capital. No decision has been made with respect to scope, structure or timing of any such measures. Contact
Circus SE
Disclaimers: This announcement is not and does not constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States of America, Australia, Canada or Japan, or any other jurisdiction in which such offer may be restricted. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, or otherwise transferred, directly or indirectly, in or into the United States of America absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act, and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. This announcement may contain “forward-looking statements”. Forward-looking statements are sometimes, but not always, identified by their use of a date in the future or such words as “will”, “anticipates”, “aims”, “could”, “may”, “should”, “expects”, “believes”, “intends”, “plans”, “prepares” or “targets” (including in their negative form or other variations). By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that may or may not occur in the future. There are a number of factors that could cause actual results, performance and developments to differ materially from those expressed or implied by these forward-looking statements. No assurances can be given that the forward-looking statements in this document will be realised. Any forward-looking statements are made of the date of this announcement.
End of Inside Information
24-Nov-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Circus SE |
| St. Martin-Straße 112 | |
| 81669 München | |
| Germany | |
| E-mail: | ir@circus-group.com |
| Internet: | https://www.circus-group.com/for-investors |
| ISIN: | DE000A2YN355 |
| WKN: | A2YN35 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access), Tradegate Exchange |
| EQS News ID: | 2234924 |
| End of Announcement | EQS News Service |
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2234924 24-Nov-2025 CET/CEST