Facephi Biometria (FACE) H2 2025 earnings summary

Executive summary

• Achieved record financial performance in 2025, with strong revenue and EBITDA growth, net profit, and reduced debt, marking a strategic transformation into an AI-driven digital identity and fraud prevention platform.

• Transitioned from a biometric vendor to an end-to-end digital security solutions provider, integrating identity verification, fraud prevention, and compliance.

• Returned to profitability with positive net income and strong operational leverage, marking a significant turnaround from the previous year.

• Expanded global footprint, now serving over 300 clients across 30 countries.

Financial highlights

• 2025 revenue increased by nearly 25% to EUR 36 million; EBITDA rose to almost EUR 11 million.

• Net profit reached EUR 400,000, a significant turnaround from a -EUR 8.9 million loss in 2024.

• Gross margin improved to 85%, up from an average of 70% in prior years.

• Free cash flow improved by EUR 2.2 million year-over-year, signaling a trajectory toward positive FCF in 2026.

• Operating costs and employee expenses decreased by 5.8% and 2.5% respectively, while revenues increased.

Outlook and guidance

• 2026 revenue expected to grow by over 28% to EUR 46.2 million, with EBITDA projected at EUR 11 million and free cash flow estimated at EUR 4.3 million.

• CapEx to remain stable at EUR 4.5–5 million.

• Guidance ratified for continued growth and cash generation in 2026.

• Positioned for scalable, profitable growth with a focus on disciplined execution and value creation.