Results 2025
REVENUES
€4.32M
EBITDA
€672k
NFD
(€3.05M)*
Corporate Governance
Board of Directors

Unai Extremo
President and CEO, Virtualware

Sergio Barrera
Member and CTO, Virtualware

Asier Extremo
Member and COO, Virtualware

Jose Ramón Berecibar
Secretary

Sara Antuñano Leicea
Member Independent

Carlos Polo Gil
Member independent
Steering Committee

Ainara Larrinaga
Financial Director, Virtualware

David Moreno
Chief Business Development Officer, Virtualware

Maribel Nuñez
Talent Director, Virtualware

Jesús Garrido
Head of Sales, Virtualware

Laura Pereg
Management Assurance Officer,Virtualware
Advisory Board

Jason Paltrowitz

Stephanie Smith

Edward J. Martin

Albert Maasland

Ramon Pedrosa
Investor reports
2025
Events and Financial calendar
2026
2025
Equity Research
2026
2025
2024
Latest IR News
Virtualware Returns to Profit as First-Half Revenue Grows 65%
Subscription and services growth across VIROO and Simumatik lifts EBITDA to €375,323, from a negative €61,785 a year earlier.
Virtualware receives EERP initiation with BUY rating and €7.42 target price
European Equity Research Partners (EERP) has initiated coverage of Virtualware with a BUY recommendation and a target price of €7.42 per share, implying approximately 33% upside
Virtualware appoints Jason Paltrowitz, Crossbridge Advisors founder, to International Advisory Board
Virtualware has appointed Jason Paltrowitz, founder of Crossbridge Advisors and former executive at OTC Markets Group and BNY Mellon, to its International Advisory Board to strengt
Analyst report highlights Q1 2026 bookings of c.€2.5 million, implying an annualised run-rate above €10 million
Analyst report highlights Q1 2026 bookings of c.€2.5 million, implying an annualised run-rate above €10 million
Results 2024 – Virtualware 2007 S.A. (Ticker: ALVIR)
| Metrics | 2024 |
|---|---|
| Income | 4.200.000 € |
| EBITDA | 808.000 € |
| Net profit before tax | 598.000 € |


