Logotype for AS Virsi-A

Virsi-A (VIRSI) investor relations material

Virsi-A H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for AS Virsi-A
H1 2025 earnings summary15 Aug, 2025

Executive summary

  • Revenue for H1 2025 reached €188.6 million, up 2% year-over-year, with net profit at €1.5 million, down 27.4% from 2024.

  • Gross profit increased by 8.6% to €20.7 million, driven by fuel and convenience store segments.

  • EBITDA remained stable at €6.3 million, with net profit impacted by higher depreciation and amortization from network expansion.

  • The Group expanded its network to 83 filling stations, focusing on alternative energy, EV charging, and launching its largest biomethane project.

  • Convenience stores became the largest contributor to gross profit, accounting for over 50% in H1 2025.

Financial highlights

  • Total turnover rose to €188.6 million (+2%), with gross profit up 8.6% to €20.7 million.

  • Net profit dropped to €1.5 million (-27.4%), mainly due to higher costs from network expansion and energy segment losses.

  • EBITDA was €6.3 million, and selling costs rose by 16.1% due to expansion and higher staff numbers.

  • Investments totaled €7.4 million, down from €9.9 million in H1 2024.

  • Cash and cash equivalents at period end were €3.1 million, down from €4.0 million at year-end 2024.

Outlook and guidance

  • Management is cautiously optimistic for H2 2025, expecting new stations to reach optimal capacity and contribute positively.

  • No current plans to adjust 2027 net profit targets; margins and diversification strategies expected to support growth.

  • Biomethane plant expected to begin production in H1 2026, with strong modeled returns.

  • The Group aims to continue expanding alternative fuel and EV charging offerings.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Virsi-A earnings date

Logotype for AS Virsi-A
H2 202527 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Virsi-A earnings date

Logotype for AS Virsi-A
H2 202527 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

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.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
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.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

AS Virsi-A is a Latvian company engaged in the retail and wholesale of oil products, including diesel fuel, petrol, gas, heating fuel, and compressed natural gas. The company also operates convenience stores that sell a variety of products such as vehicle accessories, food, beverages, and household items. Additionally, Virsi-A offers services like car washes, trailer rentals, and electric vehicle charging stations. The company is expanding its retail network and has recently ventured into providing more diverse food options at its service stations, including offerings for vegan and vegetarian customers. AS Virsi-A is headquartered in Aizkraukle, Latvia, and its shares are listed on the Nasdaq Riga.

Quartr provides global coverage of all investor relation material from public companies.

  • 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.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage