• Montega reiterated a Buy rating on elumeo, raised its 12-month target to EUR 2.8 from EUR 2.6.
• Montega said Q1 2026 confirmed an operating turnaround, despite revenue falling 13% year on year to EUR 9.63 million.
• Gross margin rose to 51.1% from 44.7%, helped by a shift to higher-priced items; average revenue per item increased 18.5% to EUR 96.
• Adjusted EBITDA turned positive at EUR 0.2 million from a loss of EUR 0.55 million; EBIT was EUR 0.04 million.
• Montega flagged upside from a Vodafone cable-fee dispute, citing potential damages in the double-digit millions and up to EUR 1.4 million annual savings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. elumeo SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26016) on June 16, 2026, and is solely responsible for the information contained therein.