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Green Earth Group (GREEN) investor relations material
Green Earth Group H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved significant operational progress in 2025, including validation of a fourth proprietary carbon project and first sales of verified carbon credits, marking a transition from development to commercial phase.
Rebranded from DGB Group N.V. to Green Earth Group N.V. and expanded the Board to strengthen governance.
Maintained a robust project pipeline with 19 projects, 7 under active management, and diversified into plastic and biodiversity credits.
Financial highlights
Revenue for 2025 was €267k, up from €88k in 2024, driven by increased carbon credit sales and consultancy services.
Gross profit reached €147k, with an EBITDA of -€3.4m and a net loss of €4.8m, reflecting ongoing investment in project development.
Cash and cash equivalents at year-end were €568k, with total assets of €12.2m and total liabilities of €21.9m.
Issued €8.3m in bonds during 2025, with total borrowings at €19.2m.
No income tax expense recognized due to ongoing losses; deferred tax assets not yet recognized.
Outlook and guidance
2026 expected to see acceleration in commercial activity, with major offtake agreements and project launches in Kenya, Uganda, Nigeria, and Kazakhstan.
Revenue growth anticipated from conversion of forward sales agreements and maturing project portfolio, with scale revenue expected from 2027.
Geographic expansion underway in Liberia, Colombia, Ghana, Panama, and the US.
- Q1 2026 delivered record forward sales, rapid project expansion, and strong progress on strategic targets.GREEN
Q1 202627 Apr 2026 - Revenue up, net loss widened; strong project growth and positive carbon market outlook.GREEN
H1 202513 Oct 2025 - DGB Group issued its first carbon credits, expanded its pipeline, but received a disclaimer of audit opinion.GREEN
H2 20246 Jun 2025
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