Digitalist Group (DIGIGR) Q2 2025 earnings summary

Executive summary

• Turnover increased by 14.8% year-over-year to EUR 9.0 million for January–June 2025, with growth in both Finnish and Swedish operations despite a challenging market.

• EBITDA improved to EUR -0.4 million from EUR -1.1 million year-over-year, reflecting cost savings and operational efficiency, but profitability remains elusive.

• Net income loss narrowed to EUR -2.0 million from EUR -2.6 million year-over-year.

• Operational expense savings of EUR 0.3 million were achieved, but increased personnel and subcontracting costs offset some gains.

• The company launched its private AI hub, Stacken.ai, and began initial AI transformation assignments in Sweden.

Financial highlights

• Q2 turnover rose 14.0% year-over-year to EUR 4.6 million; H1 turnover up 14.8% to EUR 9.0 million.

• Q2 EBITDA improved to EUR -0.2 million from EUR -0.7 million; H1 EBITDA at EUR -0.4 million versus EUR -1.1 million.

• EBIT for H1 was EUR -0.6 million, up from EUR -1.3 million year-over-year.

• Net income for H1 was EUR -2.0 million, a 22.4% loss margin, improved from -32.4% last year.

• Cash flow from operations was EUR -1.3 million, unchanged year-over-year.

Outlook and guidance

• Turnover and EBITDA are expected to improve in 2025 compared to 2024.

• Management remains focused on operational efficiency and cost discipline to reach profitability.