Eezy (EEZY) Q3 2025 earnings summary

Executive summary

• Q3 2025 chain-wide revenue was €35.5M, down 21% YoY, with profitability improving due to a profit improvement program and cost-saving measures.

• EBITDA rose to €3.7M (10.3% margin), and EBIT to €1.2M (3.4% margin), both up from Q3 2024.

• Staffing services outperformed the market despite a 7% revenue decline; professional services saw a 12% drop in revenue.

• Customer satisfaction remained high, with NPS scores of 64 in staffing and 50–83 in professional services.

• AI-assisted ERP system was fully implemented, enhancing efficiency and customer self-service.

Financial highlights

• Q3 2025 group revenue: €35.5M (–21% YoY); chain-wide revenue: €62.2M (–6% YoY).

• Q3 EBITDA: €3.7M (10.3% margin), up from €3.3M (7.4% margin) in Q3 2024.

• Q3 EBIT: €1.2M (3.4% margin), up from €1.1M (2.5% margin) in Q3 2024.

• Q3 EPS: €0.01, down from €0.02 in Q3 2024; Jan–Sep EPS: –€0.07 (0.02 last year).

• Cash flow from operating activities in Q3: €3.2M, slightly down from €3.4M YoY; operative free cash flow: €2.0M (2.5M last year).

Outlook and guidance

• Economic climate remains uncertain, with customers cautious about labor needs and investments.

• No financial guidance provided for 2025.

• Management expects long-term market growth as flexible work becomes more common, despite current headwinds.