Festi Hf.

Festi hf. has seen a significant exercise of employee share options, resulting in a capital increase of ISK 196,079,224, as part of its employee share option plan aimed at aligning employee interests with the company’s long-term goals.

Festi hf. reported strong Q1 2025 financials, with 17.3% revenue growth and 31.0% margin increase, driven by strategic expansion and the successful integration of Lyfja.