Bercman Technologies (BERCM) H1 2025 earnings summary

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.