Logotype for Circle S p A

Circle (CIRC) investor relations material

Circle H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Circle S p A
H1 2025 earnings summary29 Sep, 2025

Executive summary

  • Production value reached €11.8 million in 1H 2025, up 62% year-over-year, driven by strong growth in proprietary products and federative services.

  • EBITDA rose 52% to €2.7 million, with a margin of 22.6%; net profit increased 2% to €1.1 million.

  • Integration of acquisitions (exyond, Circle Garage) and new product launches supported performance despite macroeconomic challenges.

  • Strategic contracts and international expansion, including new collaborations and tenders, contributed to growth.

Financial highlights

  • Revenues from sales and services grew 70% to €9.7 million compared to 1H 2024.

  • Proprietary software product sales increased 105% year-over-year; federative services up 80%.

  • EBITDA reached €2.7 million (+52%), EBIT adjusted €1.5 million (+15%), EBIT €1.2 million (stable), net profit €1.1 million (+2%).

  • Net financial debt at €0.8 million, with adjusted net financial debt (cash positive) at €2.2 million.

  • Investments in 1H 2025 totaled €1 million, mainly in intangible assets and product development.

Outlook and guidance

  • 2025 production value guidance raised to €24–26.4 million; EBITDA expected at €5–5.7 million.

  • 2026 production value forecast at €27–28.5 million, EBITDA at €6–7 million.

  • Strong demand anticipated from the PNRR Login Business call and regulatory changes (e-CMR, eFTI).

  • Focus on consolidating and expanding services to meet increased client demand.

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

Next Circle earnings date

Logotype for Circle S p A
H2 2025
LIVE
13 Mar, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Circle earnings date

Logotype for Circle S p A
H2 2025
LIVE
13 Mar, 2026

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.

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

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