ByteTravel
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ByteTravel (SCBYT) investor relations material

ByteTravel 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 summary3 Oct, 2025

Executive summary

  • Net sales reached €7.66 million in H1 2025, up 59% year-over-year, reflecting strong market traction and disciplined execution across digital travel services.

  • Adjusted EBITDA was €430,000, positive despite the most intensive investment phase since inception, with nearly €1 million invested in marketing, technology, and sales.

  • The company operates with zero bank debt, finances over 93% of its balance sheet with equity, and maintains a solvency ratio of 14x assets to liabilities.

  • Expansion continues in digital visas, eSIM (Roamic), and the launch of airport VIP lounge access services.

Financial highlights

  • Net sales: €7.66 million in H1 2025 vs. €4.82 million in H1 2024 (+59%).

  • Adjusted EBITDA: €430,000 in H1 2025, down from €1.02 million in H1 2024, reflecting increased investment.

  • Net income before tax: €271,519 in H1 2025, down from €1.04 million in H1 2024.

  • Gross margin: 93% in H1 2025, slightly down from 97% in H1 2024.

  • Cash and equivalents: €3.66 million as of June 30, 2025.

Outlook and guidance

  • Strategic focus on scaling digital verticals for international travelers, with continued investment in technology, talent, and international expansion.

  • Short-term EBITDA sacrifice is a deliberate strategy to gain market share and establish recurring profitability in the medium term.

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