Mon Courtier Energie Groupe (ALMCE) H2 2024 earnings summary

Executive summary

• Achieved 17% revenue growth in 2024, reaching €24.7M, with over 3,000 new B2B clients added despite a challenging economic environment.

• Result from operations turned negative at -€167K due to investments and underperformance in international and energy transition services.

• EBITDA remained positive at €0.4K, with a solid cash position of €7.8M at year-end.

Financial highlights

• Revenue grew from €21.0M in 2023 to €24.7M in 2024 (+17.3%), with 93% from brokerage activities.

• Operating expenses increased 26.7% to €25.4M, mainly due to higher personnel costs (+45%) and commissions.

• Net result swung to a loss of -€0.35M from a profit of €1.18M in 2023.

• Q1 2025 revenue up 39% year-over-year to €6.4M, outpacing annual growth forecasts.

Outlook and guidance

• Targeting €26M revenue and €1.5M operating profit in 2025, with a return to positive operating results.

• Aims for >€40M revenue and €4M operating profit by 2028, with international operations contributing 10% of revenue.

• Strategic focus on client portfolio expansion, cost control, and digitalization.