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2CRSI SA (AL2SI) investor relations material
2CRSI SA H1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue surged by 880% year-over-year in H1 2025/2026 to €204.7M, driven by strong demand for the Godì 1.8 server range and expansion in North America, Europe, and Asia.
EBITDA reached €9.6M, up 4.6x from the prior year, with net income at €8.6M, reflecting a favorable product mix and operational leverage.
Major contracts were secured in the UK ($54M), Malaysia (€47M), California ($290M), and Japan (€140M), boosting international presence.
Strategic partnerships with NAFFCO (MEA) and Valeo (edge cooling) support expansion and innovation in AI and data center infrastructure.
Acquisition of Green Data completed and fully consolidated.
Financial highlights
Revenue: €204.7M for H1 2025/2026 vs. €20.9M in H1 2024/2025.
EBITDA: €9.6M vs. €2.0M year-over-year.
Net income: €8.6M vs. €2.6M year-over-year.
Net debt: €2.3M, with a net debt-to-equity ratio of 5.87%.
Cash position: €8.9M at period end.
Outlook and guidance
Revenue target for FY 2025/26 upgraded to exceed €300M, with potential to surpass €400M depending on project deployment.
EBITDA guidance raised to above €36M for the full year.
For FY 2026/27, the company targets revenue above €1B, supported by strong commercial visibility and project pipeline.
Positioned for continued growth in AI, cloud, and HPC markets, with a focus on energy-efficient solutions.
Ongoing R&D and product launches (e.g., Atlas 1.8GG, Godì 1.8 with NVIDIA B200/B300 GPUs) to maintain technological leadership.
- Global innovator in energy-efficient HPC and AI infrastructure, expanding cloud and data center solutions.AL2SI
Investor presentation2 Jul 2026 - Revenue up 95% and EBITDA positive, driven by AI server demand and operational efficiency.AL2SI
H1 24/252 Jul 2026 - AI-driven revenue growth and profitability achieved, with strong outlook and new server launches.AL2SI
H2 23/241 Jul 2026 - Revenue up 32% to €220.7M, net profit €2.1M, strong outlook for further growth.AL2SI
H2 24/251 Jul 2026
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