)

AS APF (EGG) investor relations material
AS APF H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved record operational and financial results in H1 2025, with 59 million eggs sold (23% growth) and revenue surpassing €10 million (70% growth), following a successful IPO and investment program.
Net profit hit a record €1.7 million, reversing prior losses, driven by higher sales and improved margins.
Completed €13 million investment phase, expanding production capacity by 60% with three new facilities in Alūksne.
Completed €5 million private bond issue, enhancing financial flexibility for future growth.
Launched new product packaging and expanded the FitX Squared/Fiteg² business line, supporting diversification and export opportunities.
Financial highlights
Revenue for H1 2025 grew 70% year-over-year to over €10 million, up from €5.9 million in H1 2024.
Gross profit increased 183% to €4.3 million; EBITDA rose 250% to €3.5 million; adjusted EBITDA tripled to €3.4 million.
Net profit reached €1.7 million, a record for the company, compared to a net loss of €0.48 million in H1 2024.
Gross margin reached a record 43%, and EBITDA margin rose to 34%.
Return on equity increased to 34%, and return on assets to 12%.
Outlook and guidance
2025 revenue target raised to €22.6 million, a 7% increase over previous guidance.
EBITDA guidance increased to €7.1 million, up 18% from prior forecast.
Positioned for further growth in H2 2025, leveraging new infrastructure, strong financing, and brand development.
Growth drivers include expanded production capacity, full utilization of new barns, and increased demand for cage-free and liquid egg products.
Dividend payout of up to 50% of profits expected in 2026, subject to financial results and creditor consent.
Next AS APF earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage