GTT Data Solutions Approves STRATIS Acquisition With Up To €9 Million Cash

Q1 FY27 Consolidated Results YoY: Revenue at 33 Cr vs 25 Cr, up 29.9%. EBITDA loss narrowed to 0.2 Cr vs loss of 1.1 Cr. EBITDA Margin at -0.5% vs -4.5%, expansion of 400bps; employee costs grew 2.0% vs revenue growth of 29.9%. PAT loss narrowed to 3.1 Cr vs loss of 4.1 Cr, up 25.8% on a loss-magnitude basis. Board restructured the proposed acquisitions: ASIPL reduced to 47.47% for 38 Cr via share swap, Insurants AI to 48.95% for 9.3 Cr via share swap, and approved 10% of Hungary-based STRATIS for 10.4 Cr via share swap, with the remaining 90% to cost up to EUR 9 million in cash. All remain subject to shareholder and regulatory approvals. Context: the long-pending acquisition proposals remain approval-dependent despite revised terms.