Eezy (EEZY) Q4 2025 earnings summary

Executive summary

• EBITDA improved to €9.0M, reflecting progress toward profitable growth and the impact of performance improvement programs and cost reductions, despite a 20% revenue decline driven by market challenges and operational restructuring.

• EBIT dropped to €0.2M, affected by non-recurring expenses and lower revenue.

• Performance improvement programs led to lower fixed costs and continued EBITDA margin gains from Q3 onward.

• Updated strategy focuses on core staffing and recruitment services, aiming for profitable growth and operational efficiency.

• No dividend proposed for 2025.

Financial highlights

• Q4 2025 revenue was €34.0M, down 19% year-over-year; full-year revenue was €139.3M, down 20%.

• Q4 EBITDA rose to €2.5M (7.4% margin) from €2.3M (5.5% margin) in Q4 2024; full-year EBITDA was €9.0M (6.5% margin).

• Q4 EBIT was -€0.2M, impacted by €1.2M in non-recurring expenses; full-year EBIT was €0.2M.

• Q4 EPS was -€0.02; full-year EPS was -€0.09.

• Operative free cash flow for the year was €8.9M.

Outlook and guidance

• 2026 expected to remain uncertain due to economic climate and customer hesitancy on labor and investment; no formal guidance provided.

• Long-term targets: chain-wide revenue >€330M, group revenue >€200M, EBIT >5% of group revenue by 2028.