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Linedata Services (FR:LIN)
:LIN
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Linedata Services (LIN) AI Stock Analysis

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FR:LIN

Linedata Services

(LIN)

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Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
€45.00
▼(-5.26% Downside)
Action:Reiterated
Date:07/29/26
The score is held back primarily by weaker 2025 financial performance, especially the sharp decline in operating/free cash flow and meaningful margin compression alongside modest revenue contraction. Offsetting this, the balance sheet shows improving leverage, valuation appears reasonable (P/E ~14.3 with a ~2.8% yield), and the stock is trading above key medium/long-term moving averages, suggesting some technical support.
Positive Factors
Recurring revenue model
Linedata’s core model—software subscriptions, maintenance and professional services—creates recurring revenue streams and high client switching costs. That mix promotes more predictable revenue, supports long-term customer relationships, and enables cross‑sell upside across modules and services.
Negative Factors
Revenue and margin deterioration
A clear step-down in revenue and severe operating margin compression indicate weakening core profitability. If persistent, this erodes free cash generation, reduces ability to invest in product roadmap or sales capacity, and pressures long‑term competitive positioning.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring revenue model
Linedata’s core model—software subscriptions, maintenance and professional services—creates recurring revenue streams and high client switching costs. That mix promotes more predictable revenue, supports long-term customer relationships, and enables cross‑sell upside across modules and services.
Read all positive factors

Linedata Services (LIN) vs. iShares MSCI France ETF (EWQ)

Linedata Services Business Overview & Revenue Model

Company Description
Linedata Services S.A. develops, publishes, and distributes financial software in Southern Europe, Northern Europe, North America, and Asia. It operates through Asset Management and Lending & Leasing segments. The company provides solutions for as...
How the Company Makes Money
Linedata makes money primarily by selling access to and support for its financial software platforms, supplemented by professional services delivered to deploy and maintain those solutions. Key revenue streams typically include: 1) Software licen...

Linedata Services Financial Statement Overview

Summary
Financial results weakened in 2025: revenue stepped down (~-6.1% YoY), operating margin fell to ~13.3% (from ~22.7%), and net margin declined to ~8.7% (from ~15.3%). The balance sheet is healthier with improving leverage (debt-to-equity ~0.77 in 2025), but cash flow quality deteriorated sharply as operating cash flow and free cash flow dropped materially, with weaker cash conversion (FCF ~0.51x net income).
Income Statement
56
Neutral
Balance Sheet
63
Positive
Cash Flow
45
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue169.60M183.70M183.29M172.67M160.20M
Gross Profit58.48M65.49M58.57M56.91M59.71M
EBITDA38.15M56.38M52.75M53.13M54.71M
Net Income14.70M28.10M25.50M26.46M28.29M
Balance Sheet
Total Assets300.61M324.10M309.41M308.46M318.14M
Cash, Cash Equivalents and Short-Term Investments14.89M38.47M30.50M25.38M38.84M
Total Debt93.03M101.50M120.09M130.18M101.08M
Total Liabilities180.00M185.70M196.45M209.44M172.35M
Stockholders Equity120.61M138.40M112.95M99.02M145.79M
Cash Flow
Free Cash Flow13.42M42.36M31.78M37.07M36.55M
Operating Cash Flow26.22M49.40M40.41M48.40M51.27M
Investing Cash Flow-16.46M-7.05M-8.88M-11.31M-14.87M
Financing Cash Flow-31.77M-34.88M-25.95M-51.51M-29.19M

Linedata Services Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
€62.26M20.2813.43%0.73%8.98%-11.40%
71
Outperform
€289.08M32.7719.40%11.71%13.10%
66
Neutral
€298.62M15.5027.27%6.94%10.75%-12.80%
56
Neutral
€213.94M14.5412.37%2.53%-7.67%-47.03%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
53
Neutral
€460.23M-6.89-6.68%5.48%-5.21%-202.77%
43
Neutral
€138.41M-1.26-82.73%-19.17%-1744.71%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FR:LIN
Linedata Services
42.90
-16.87
-28.22%
FR:COH
Coheris
10.90
2.02
22.71%
FR:QDT
Quadient SA
12.82
-2.02
-13.61%
FR:SWP
SWORD GROUP SE
31.00
-2.58
-7.69%
FR:ALBFR
Sidetrade SA
201.50
-11.50
-5.40%
FR:ALCPB
Blockchain Group SA
0.47
-2.06
-81.42%

Linedata Services Corporate Events

Linedata H1 2026 Revenue Slips as Cyber Incident and FX Weigh, Lending & Leasing Resilient
Jul 23, 2026
Linedata Services reported first-half 2026 revenue of €82.4m, down 4.8% on a reported basis and 1.3% at constant scope and exchange rates, with recurring revenue representing 80% of the total. The group’s results were weighed by an unf...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 29, 2026