Groupe OKwind Société anonyme (ALOKW) H2 2025 earnings summary

Executive summary

• Revenue fell 58% year-over-year to €23.8 million in 2025 amid a challenging sector environment.

• EBITDA dropped to -€13.5 million, and net income attributable to the Group was -€26.8 million, including €10.5 million in negative non-recurring items.

• The company is undergoing a major transformation, focusing on energy self-sufficiency and restructuring its business model and organization.

• Statutory Auditors indicated they may be unable to certify the financial statements due to uncertainties.

Financial highlights

• Revenue: €23.8 million in 2025, down from €57.1 million in 2024 (-58%).

• EBITDA: -€13.5 million in 2025, compared to +€0.5 million in 2024.

• Net income (Group share): -€26.8 million, compared to -€3.6 million in 2024.

• Cash position as of May 31, 2026: €1.2 million.

• Extraordinary expenses and income: -€1.7 million, mainly due to impairment of intangible assets.

Outlook and guidance

• Strategic plan includes a capital increase or alternative financing targeting €4 million.

• Long-standing shareholders have committed €1.6 million via conversion of current account contributions.

• Focus on revitalizing business around integrated solar, storage, and energy management solutions.