Logic Instrument (ALLOG) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 reached €19.3M, up 32% year-over-year, driven by both organic growth and acquisitions of ARTIC and Glacier.

• Net income for H1 2025 was €1.13M, a 50% increase compared to €0.75M in H1 2024.

• Operating income rose to €1.5M, up from €1M in H1 2024, reflecting improved profitability.

• Strategic acquisitions of ARTIC and Glacier contributed €2.3M to revenue.

Financial highlights

• Revenue: €19.3M for H1 2025 vs €14.6M for H1 2024 (+32% year-over-year).

• Net income: €1.13M for H1 2025 vs €0.75M for H1 2024 (+50% year-over-year).

• Gross margin: €4.9M, up 36% year-over-year.

• Operating cash flow: -€994K for H1 2025, down from +€2.08M in H2 2024, mainly due to increased working capital needs.

• Equity increased to €7.98M at June 30, 2025, from €6.4M at December 31, 2024.

Outlook and guidance

• Targeting revenue close to €50M for full-year 2025 with improved profitability.

• Strategic partnership signed with EUROTEMPEST in July 2025 to enhance technological sovereignty.

• New 2,200 m² factory to open in Essonne in Q2 2026, supported by a €1M strategic loan.