Telelink Business Services Group (TBSG) reported a 55.4% YoY increase in Q1 2026 consolidated revenue to EUR 25.1m. Segment-wise, the IT infrastructure revenue surged by 70.5% YoY to EUR 18.3m, while the hardware & software segment registered EUR 5.1m (+70.3% YoY) in sales. Geographically, the domestic market grew by 81.5% YoY to EUR 14.2m, accounting for 57% (49% in Q1’25) of the total revenue mix, while Rest of Europe sales (EUR 10.3m) registered a 29.8% YoY increase. At the same time, total OPEX amounted to EUR 21.5m (+29.5% YoY), and cons EBITDA came at EUR 3.6m. As a result, the bottom line recorded a EUR 2.3m net profit for the quarter, compared to EUR 1.7m net loss a year ago. CFO turned to negative EUR 8.7m due to the EUR 6.3m working capital build-out, while IB debt decreased to EUR 10.3m, being 35.4% of equity.