Zalaris ASA: Record-high revenue and solid margins in Q4
Zalaris ASA (OSE:ZAL) reported its highest-ever revenue in Q4, reaching NOK 396 million, with an adjusted EBIT of NOK 51 million. The company's total revenue for the year surpassed NOK 1.5 billion.
Reported revenue for the quarter was NOK 396.5 million, up 8.7% from NOK 364.9 million in the same quarter last year. Revenues for the full-year grew organically 11.7% to NOK 1.5 billion.
Adjusted EBIT* increased by 7% to NOK 50.6 million, corresponding to a 12.8% margin for the quarter. For the full year, adjusted EBIT increased to NOK 194.0 million, with a margin of 12.9%, compared to NOK 147.5 million and 11.0% in 2024.
The reported EBIT ended at NOK 40.9 million compared to NOK 37.7 million last year.
"We closed 2025 with another quarter of solid performance, extending our all -time high revenue streak and delivering a year of profitable growth and strong cash generation," says Hans-Petter Mellerud, CEO and founder of Zalaris.
"We are particularly pleased with the continued strength in Managed Services, which delivered recurring revenue growth of more than 15% year-over-year and now accounts for approximately 80% of total revenue." Mellerud concludes.
Zalaris will host a streamed management presentation at 08:30 CET today followed by a Q&A session. The webcast will be available on zalaris.com (https://zalaris.com/about/investors) or directly on Teams (https://teams.microsoft.com/l/meetup -join/19%3ameeting_M2FiMWI2OWYtY2Y4NC00NTU3LThjMTEtNWViMGVhN2I5ZDM5%40thread.v2/0 ?context=%7B%22Tid%22%3A%22a16eb8e2-803d-4f22-849c -f3f335a60a39%22%2C%22Oid%22%3A%22bf49dddc-8238-4b99-a279 -e3cd579293a1%22%2C%22IsBroadcastMeeting%22%3Atrue%2C%22role%22%3A%22a%22%7D&btyp e=a&role=a).
The presentation of the fourth quarter 2025 financial results and the financial report are enclosed.
· Zalaris ASA Q4 2025 Presentation (https://cdn.sanity.io/files/w441h7ie/production/507941faa28707c7834 6cf67bc5f5211b23142e0.pdf) · Zalaris ASA Q4 2025 Report (https://cdn.sanity.io/files/w441h7ie/production/3b31555a7cbfc1031ee212563 d446a675a80f8b5.pdf)
* Adjusted EBIT and other alternative performance measures (APMs) are defined and reconciled to the IFRS financial statements as a part of the APM section of the fourth quarter 2025 financial report on page 28 to 30.
Contact:
Hans-Petter Mellerud, CEO Mobile: +47 928 97 276 E-mail: hans-petter.mellerud@zalaris.com
Gunnar Manum, CFO Mobile: +47 951 79 190 E-mail: gunnar.manum@zalaris.com
About Zalaris
Zalaris is a trusted global provider of cloud-based Payroll and Human Capital Management (HCM) solutions, helping international organizations streamline HR processes with efficiency, transparency, and regulatory compliance.
With over 1,200 skilled #teamZalaris members across 18 countries, we support organizations in more than 150 countries through one unified, cloud-based platform - PeopleHub. Our mission is to simplify HR and payroll operations by offering scalable solutions that reduce administrative complexity, ensure compliance, and provide actionable insights. By enabling businesses to focus on their people, we empower them to drive strategic growth and create long-term value. To learn more, visit zalaris.com.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.