The two latest acquisitions, 3ipunt and MP Services, and Eiffel’s entry reinforce the international technology holding strategy.
2025 Results
The company recorded €36.5 million in revenue in 2025, representing 33% growth compared to the previous year, above the 23% of 2024 and above the sector average. Revenue growth was once again profitable, with an EBITDA of €4.1 million and a net profit of €2 million, representing improvements of 28% and 81% respectively.
The financial report also highlights the strength of the business through diversification and internationalisation, with 44% of sales in Latin America, driven by the growing weight of Sofistic, its cybersecurity subsidiary with a strong presence in the region, and the opening of the Mexican market through FAMA. Most notably, the Annual Recurring Revenue (ARR) stood at €23 million as of 31 December 2025, 19% higher than in 2024.
Boost from acquired companies
Cuatroochenta resumed inorganic growth in 2025 with the acquisition of Barcelona-based companies 3ipunt (e-learning, Moodle partner) and MP Services (e-commerce anti-fraud), which strengthen the holding model. "The company is deepening its strategy of incorporating niche B2B businesses with recurring revenues, scaling them with the group’s knowledge and expertise, and reinvesting generated cash to keep growing", explained Cuatroochenta’s CFO, Javier Rillo.
The effectiveness of this model is reflected in the performance of the acquired companies as a whole, which has grown from contributing €12.5 million at the time of their incorporation to €33.8 million in 2025, nearly tripling their aggregate business volume.
Financial strength to enable M&A
Cuatroochenta also presents a contained level of debt (2.30x Net Financial Debt/EBITDA) and has sufficient liquidity to pursue new inorganic growth transactions of a similar scale to those carried out to date. Added to this strength is the entry into the shareholder base, during the year, of French fund manager Eiffel, which subscribed €2 million in convertible bonds.
With these results, the technology group consolidates the strategic plan approved by the Board of Directors in October 2025, which sets a base scenario for 2030 of €70 million in revenue and €10 million in EBITDA, without factoring in new M&A transactions. Figures that Rillo considers "ambitious but realistic, based on the activity of each of the companies in the group".
«The strategic objective is clear: to reach a size that gives Cuatroochenta relevance as a leading player in the Spanish and Latin American technology sector, occupying an industrial consolidation space that currently lacks national alternatives to international funds and operators.»
AI: cross-cutting infrastructure
For Cuatroochenta’s CEO, Alfredo R. Cebrián, 2025 marks the point at which artificial intelligence has ceased to be an added capability and become cross-cutting infrastructure, with a structural impact that shifts value towards design, verification and customer relationships.
The CEO of Cuatroochenta stresses that competitive advantage is built today on proprietary data and the speed of learning, and points out that units integrating AI at their core -especially in cybersecurity- capture margins inaccessible under the traditional model through the exploitation of proprietary data via proprietary models. Cebrián frames the moment as “a structural shift comparable to what email or the smartphone represented” and concludes with a warning: “The real risk is not investing poorly in AI, but continuing to operate as if it did not exist”.
«We are living through one of those moments when a technology appears that enables what was impossible yesterday. Artificial Inteligence is an extraordinarily powerful tool in the service of real problems, not as an end in itself»
30% share price growth on BME Growth
During 2025 and up to the date of preparation of the financial report, Cuatroochenta’s share price has shown a positive trend. From 1 January 2025 to 30 March 2026, the share price increased by 30% to €14.4, while the Ibex Growth 15 —which tracks the 15 most liquid companies on BME Growth— recorded a 14% gain over the same period. In terms of trading liquidity, transactions totalling €5 million were recorded in 2025, 127% more than in 2024.