Avenir Telecom (AVT) Q4 2025 TU earnings summary

Executive summary

• Annual revenue for 2024-2025 declined to €11.0 million from €14.1 million year-over-year, reflecting a challenging mobile phone market and strategic refocus on EMEA.

• Commercial efforts centered on EMEA, with no revenue from Asia Oceania due to sectoral crisis and external shocks.

• The year was marked by aggressive pricing from Chinese competitors and the loss of WhatsApp support on KaiOS feature phones, impacting product attractiveness.

Financial highlights

• Revenue in EMEA dropped to €11.0 million from €12.8 million year-over-year; Asia Oceania revenue fell to zero from €1.3 million.

• Consolidated revenue contracted by €3.1 million year-over-year.

• Operational result remains positive before central costs due to strict cost control, but overall operating profit is significantly lower than the previous year.

Outlook and guidance

• 2024-2025 is considered the most difficult year since inception, but management remains confident in the group's potential.

• Commercialization of new product lines, including laptops, has begun in Europe, with further updates expected in July 2025.

• Administrative and certification delays for new products have been resolved, with 16 product references validated.