MUNICH, GERMANY - The Executive Board of Rubean AG (ISIN: DE0005120802, WKN: 512080, symbol R1B:GR) announced at the annual shareholders’ meeting on Wednesday that the company expects consolidated revenue to rise to between €5.0 million and €6.0 million in 2026, up from €3.71 million in the previous year. In the first half of the year, revenue grew by approximately 50 percent to €2.4 million. Co-CEO Jochen Pielage highlighted that recurring revenue—fees from the use of Rubean’s SoftPOS software—is expanding strongly, with half of 2026 annual revenue expected to come from this particularly profitable stream, a significant increase from the prior year.
This growth trajectory is set to continue into 2027. “Thanks to the continued significant growth in recurring revenue, we will reach monthly breakeven in 2027 and close the entire year with a positive net income for the first time,” Pielage stated. Rubean’s technology replaces traditional card readers with a software app, enabling retailers, restaurants, delivery services, and other businesses to accept cashless and mobile payments without additional hardware. The company is already a market leader in Germany and Spain.
International expansion is progressing, with successful market entries in Switzerland, France, the United Kingdom, and parts of the Americas. “We now work with 19 major banks, including the German Sparkassen, BBVA in Spain, and Commerzbank, as well as internationally active payment service providers in Europe and in North and South America,” Pielage said. He noted that the groundwork has been laid for expanding sales operations, particularly with the support of newly appointed Executive Board member Stephan Kuck. More information is available at www.rubean.com.
