Execus (EXEC) H2 2025 earnings summary

Executive summary

• FY25 revenue doubled YoY to €9.243m; on a comparable perimeter, revenue rose 31.4% and production value 24.8% YoY.�

• EBITDA reached €1.005m, with an 10.5% margin; adjusted EBITDA was €1.136m, while the group-attributable net loss was €494k.�

• Strategic focus combines AI-enabled marketing and sales growth with cybersecurity and data protection; recurring revenue reached 53.6% of sales.�

Financial highlights

• Revenue €9.243m, up 100.0% YoY; production value €9.580m, up 84.3% YoY.�

• Comparable-perimeter revenue increased 31.4% to €9.243m; production value rose 24.8% to €9.580m.�

• Consolidated EBITDA €1.005m versus €293k in FY24; adjusted EBITDA €1.136m, including €131k of excluded one-off costs.�

• Consolidated net loss €467k; loss attributable to the parent €494k versus €549k in FY24, while minority interests recorded €28k profit.�

• Net debt was €360k at FY25-end, versus net cash of €691k at June 2025 and €1.309m at FY24-end; equity was €5.238m.�

Outlook and guidance

• FY26 prospects described as positive, supported by organic growth, a pipeline of acquisition opportunities, scalable offerings and recurring-revenue expansion; no numerical targets stated.�

• Continued investment is expected in the near term as AI platforms, virtual agents and integrated cybersecurity services expand.�

• GLOPS is planned as a 24-month R&D project to develop an AI-, automation- and data-enabled platform for service-station operations.�