Hello, everyone,
In today's Sunday feature, we've ended up on Mr. Prompt's patio. And we want to surprise him with the performance.
( @Raketentoni )
A Danish gem—or will it end up on Mr. Prompt’s lunch plate?
That’s what we want to find out today. It seems the knot has come undone here following the earnings report—and is the market finally heading up?
I look forward to lots of comments.
Governments around the world face urgent and complex challenges: outdated IT systems, fragmented processes, regulatory pressure, and rising public expectations. But efforts at digital transformation often fail due to slow, expensive, and custom-built IT projects that are difficult to scale or adapt.
My friends, this is where cBrain comes in.
It offers a specially developed software platform that reimagines the way governments digitize their operations.
cBrain F2® is a modern, fully integrated digital platform developed from the ground up with and for the public sector.
Unlike traditional custom systems, cBrain F2 is a commercial off-the-shelf (COTS) platform that is ready for immediate use, quickly configurable, and extensively tested. It enables governments to digitize complex processes such as permits, inspections, grants, and citizen services. All processes are delivered quickly, cost-effectively, and with minimal risk.
Cbrain A/S is a Denmark-based software development company. It specializes in providing information technology (IT) solutions to optimize processes and workflows. The company offers services in the areas of document management, e-government, enterprise management, community services and management, as well as workflow management. The company develops and delivers solutions based on standard products: F2, which offers multiple front-end options and supports PC users as well as mobile phones and tablets, and M4, which handles customer relationship management (CRM) solutions. Its clients include organizations from the public, private, educational, and nonprofit sectors.
- Investing.com
- Aug. 21, 2026
- cBrain’s revenue rose 6% to 140 million DKK in the first half of 2026, with an EBT margin of 26%, reversing the decline seen in 2025; shares jumped 8.16% to $72.9.
- Revenue in Denmark rose 24% to DKK 111 million, while international sales declined to DKK 29 million; subscription revenue grew 8% and now accounts for 63% of total revenue.
- The full-year 2026 outlook was maintained, with revenue growth of 10–15% and an EBT margin of 20–25%; growth of over 15% is expected for the second half of the year, which could potentially reach 25%.
- The company is implementing its strategy for 2026–2028, which focuses on the integration of AI, environmental permits, and paperless government agencies with sovereign data capabilities.
- U.S. expansion is gaining momentum through a contract in California and a proof-of-concept in Washington; the European Commission has recognized the platform as the most advanced.
cBrain sichert sich ersten Auftrag vom US-Bundesstaat Kalifornien
- Investing.com
- Aug. 18, 2026
April 29, 2026
cBrain erfasst den Wandel hin zu KI-gesteuerter Standardsoftware in der Regierung
Feb. 19, 2026
cBrain erhöht die Gewinnerwartungen für das Geschäftsjahr 2026
Jan. 19, 2026
cBrain kündigt den Wachstumsplan der nächsten Phase und kurzfristige finanzielle Ziele für 2026 an
Geographic Revenue Breakdown:
2025 (DKK)
Denmark 181 million
Germany 60.7 million
Countries outside the EU 8.78 million
Other EU Countries 798,000 thousand
🔥 The Bottom Line
According to the latest MarketScreener forecasts, cBrain is showing very strong fundamental growth:
Revenue:
251 → 379 million DKK 🚀
EBIT:
59 → 118 million DKK 🚀
→ EBIT has practically doubled
Net income:
43 → 94 million DKK 🚀
→ more than doubling
Earnings per share:
2.16 → 4.78 DKK 🚀
→ +121%
EBIT margin:
23.4% → 31.1%
→ Significant economies of scale
ROE:
14.2% → 21.7%
→ Capital is being deployed in an increasingly profitable manner
Balance Sheet:
–14.8 → –121 million DKK net debt
→ in fact growing net cash position 💰
⭐ My overall view
2025 = Transition year
2026 = Recovery/Acceleration
2027 = Strong growth
2028 = High Profitability
What’s interesting is the combination of growth + rising margins + strong EPS growth + net cash. The valuation aligns with this: The projected P/E ratio falls from 52.1× (2025) to 15.4× (2028), while earnings per share rise significantly at the same time.
In short: According to the forecasts, cBrain will not only grow in size but also become significantly more profitable.
📊 Performance at a Glance
- FC Yield: 2.58% → 6.17% ✅
- P/E ratio: 52.1× → 15.4× ✅
- P/B ratio: 6.92× → 3.16× ✅
- PEG: 2026–2028 only 0.6–0.7× → interesting from a growth perspective.
- Dividend: 1.00 → 2.495 DKK per share.
- Dividend yield: 0.89% → 3.39%.
According to current MarketScreener estimates, cBrain is thus is now significantly more attractively valued as earnings growth accelerates, even though the company continues to grow operationally. Particularly striking is the decline in the P/E ratio from 52.1× to 15.4×.
Performance
1 week +39.60%
1 month +48.04%
6 months -3.35%
1 year -63.23%
August 21, 2026, 10:49:03 PM •
Lang & Schwarz (EUR)
9.800 EUR
+0.900 EUR +10.11%
