HenriPay Holding (9HF) H2 2024 earnings summary

Executive summary

• Net result for 2024 was €-1,180,669, a significant improvement from €-1,975,120 in the previous period (1 Jun 2023 to 31 Dec 2023).

• Positive drivers included lower employee benefits and amortisation expenses, and a substantial increase in share in results of subsidiaries and participating interests.

• Negative impacts came from a sharp decrease in gross margin, higher other operating expenses, and a decline in financial results.

Financial highlights

• Net revenue for 2024 was €24,000, with other operating income of €966,783.

• Cost of sales rose sharply to €1,368,813, resulting in a negative gross margin of €-382,690.

• Operating result was €-886,425, with a net result after tax of €-1,180,669.

• Total assets at year-end were €6,931,048, with group equity of €1,006,906.

Outlook and guidance

• The report does not provide explicit forward-looking statements or guidance for the next period.