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Bercman Technologies (BERCM) investor relations material

Bercman Technologies H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2025 earnings summary30 Sep, 2025

Executive summary

  • Revenue for the first half of 2025 increased by over one third year-over-year, reaching €988,694, while the consolidated loss narrowed to €88,292 from €350,532 in the same period last year.

  • Expansion into new markets included exports to the US and the Balkans, with strengthened positions in Norway and ongoing projects in Sweden, Finland, Singapore, and Switzerland.

  • The group consists of Bercman Technologies and its subsidiaries Krakul and Bercman Energy, the latter established in June 2024 to focus on electric vehicle fast chargers.

Financial highlights

  • Consolidated turnover for H1 2025 was €988,694, up from €692,332 in H1 2024.

  • Net loss for H1 2025 was €88,292, a significant improvement from a €350,532 loss in H1 2024.

  • Total assets as of 30.06.2025 were €1,604,259, with equity at €427,585 and loan liabilities at €75,000.

  • Cash and cash equivalents at period end were €128,436.

Outlook and guidance

  • Management expects continued growth in development services and proprietary product sales, with a focus on fulfilling orders for smart pedestrian crossings in Greece, Montenegro, Croatia, Serbia, and Estonia in H2 2025.

  • Emphasis will be placed on development and sales of electric vehicle fast chargers, especially in the Norwegian market.

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Frequently asked questions

Bercman Technologies AS is an Estonian technology company specializing in the development and provision of smart city and mobility solutions. The company's core activities include offering product development services, creating proprietary products, and providing customized technology solutions. Bercman is particularly focused on enhancing urban environments and transportation systems through innovative technologies. The company is headquartered in Tartu, Estonia, and its shares are listed on the Nasdaq Tallinn.

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