Grupo Ezentis (EZE) Q2 2025 earnings summary

Executive summary

• Achieved 96% year-over-year revenue growth in H1 2025, reaching €14.2 million, driven by the acquisition of EDA Instalaciones y Energía and new business from subsidiary ISS.

• EBITDA improved by €1.5M, turning positive at €0.8M, reflecting operational recovery, efficiency measures, and EDA consolidation.

• Net worth/equity turned positive at €3.5M after capital increases linked to the EDA deal.

• Expanded workforce to 223 employees, strengthening capabilities post-acquisition.

• Over €14 million in new contracts awarded in H1 2025, spanning public sector, residential, and technology projects.

Financial highlights

• Revenue reached €14.2M in H1 2025, up from €7.2M in H1 2024 (+96%).

• EBITDA rose to €0.8M from a loss of €0.7M in H1 2024.

• Net financial debt increased to €3.7M, mainly due to EDA acquisition financing.

• Equity turned positive at €3.5M, supported by capital increases linked to the EDA deal.

Outlook and guidance

• New strategic plan 2025–2028 focuses on three business lines: integrated installations, communication networks, and technological solutions.

• Growth strategy combines organic expansion and selective acquisitions.

• Operational recovery and execution of the 2025–2028 Strategic Plan are on track, with a focus on efficiency, balance sheet strength, and growth opportunities.