Evropi Holdings Societe Anonyme (EVR) H1 2026 earnings summary

Executive summary

• Revenue more than doubled year-over-year to €21.1 million, driven by acquisitions and business transformation.

• Group reported significant non-recurring losses due to share-based compensation and property sale below book value.

• Initiated merger process with CrediaBank, aiming for completion by October 2026.

Financial highlights

• Group revenue rose 105% year-over-year to €21.1 million; gross profit up 81% to €8.9 million.

• Group EBITDA swung to a loss of €554k from a €3.5 million profit; EBIT loss of €1.9 million vs. €3.4 million profit last year.

• Net loss after tax and minority interests was €13.5 million, compared to €2.1 million profit in H1 2025.

• Parent company revenue up 7.3% to €3.4 million; net loss €9.5 million vs. €183k profit last year.

• Adjusted EBITDA (excluding non-recurring items) was €7.0 million, up from €6.8 million year-over-year.

Outlook and guidance

• Merger with CrediaBank expected to close by end of October 2026; shareholders to receive new CrediaBank shares.

• Capital return of €45.5 million to shareholders planned, funded by property sales.

• No dividend for 2025; focus on strategic integration and liquidity enhancement.