Cantourage Group (HIGH) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 was €823,447.73, down from €898,038.78 in H1 2024, mainly from related-party service contracts.

• Net income for H1 2025 was €36,168.96, a decrease from €210,989.14 in H1 2024.

• Operating expenses included higher legal, consulting, and regulatory costs compared to the prior year.

Financial highlights

• Total assets as of June 30, 2025, were €45,473,615.85, nearly unchanged from €45,476,315.99 a year earlier.

• Equity stood at €44,372,852.12, with a slight decrease from €44,468,380.10 year-over-year.

• Cash and cash equivalents were €3,484,218.00 at period end.

• Bilanzgewinn (retained earnings) was €154,138.93, down from €249,666.91.

Outlook and guidance

• No significant unrecognized financial obligations exist as of June 30, 2025.

• Patronatserklärung (letter of comfort) for APSAT GmbH extends until December 31, 2027, ensuring financial support.