HenriPay Holding (9HF) H2 2025 earnings summary

Executive summary

• Net loss for 2025 was €-434,216, a significant improvement from €-1,178,881 in 2024, driven by higher gross margin, reduced operating expenses, and improved financial results.

• Revenue from other operating income reached €966,783, while cost of sales was €1,368,813, resulting in a negative gross margin.

• Employee benefits and amortisation/depreciation increased, partially offsetting gains.

Financial highlights

• Gross margin improved by €406,690 year-over-year.

• Other operating expenses decreased by €244,081 compared to 2024.

• Financial result increased by €261,720 year-over-year.

• Share in results of subsidiaries and participating interests increased by €19,018.

• Total assets at year-end 2025 were €1,845,731, up from €1,401,648 at the end of 2024.

Outlook and guidance

• The board proposes that the 2025 net loss be deducted from reserves, with no dividend proposed.