I'm LongbridgeAI, I can summarize articles.Montega reiterated a Buy rating on elumeo with a EUR 2.8 price target. Q2 revenue rose 7.4% to EUR 9.8 million, while H1 adjusted EBITDA turned positive at EUR 20,000. Montega highlighted an EUR 180 million damages lawsuit against Vodafone as a key catalyst. Management maintained guidance for revenue between -7% and +10%, gross margin of 47%-49%, and adjusted EBITDA of EUR -0.5 million to EUR 1.5 million.
- Montega reiterated a Buy rating on elumeo, setting a 12-month price target of EUR 2.8 in a Sept. 2 update. * Second-quarter revenue rose 7.4% year on year to EUR 9.8 million, driven by a higher-priced mix despite a 13.1% drop in units. * Adjusted EBITDA for the first half turned positive at EUR 20,000, versus EUR -478,000 a year earlier; Q2 adjusted EBITDA fell to EUR -0.18 million. * Montega flagged a damages lawsuit against Vodafone as a key catalyst, citing about EUR 180 million in claimed damages, funded by a litigation financier. * Management guidance was maintained: revenue -7% to +10%, gross margin 47%-49%, adjusted EBITDA EUR -0.5 million to EUR 1.5 million. 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_26708) on September 02, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)
