Sinch shares plummeted nearly 10% in Stockholm trading following its Q4 revenue miss and a significant deceleration in organic growth, according to SEK 6.8 billion in total revenue that fell 4% below analyst expectations. The company reported organic growth of -3%, far exceeding the -1% consensus, while gross profit of SEK 2.4 billion was 1% below forecasts. Analyst Laura Metayer attributed the negative organic growth to the ongoing reduction of low-margin contracts, which she noted supports profitability despite the near-term drag. CEO Laurinda Pang confirmed the company is shifting focus from platform integration towards innovation and growth, though no 2026 guidance was provided. The phase-out of fixed-price contracts in EMEA and challenges in India are expected to remain headwinds in the first half of the year.