Mon Courtier Energie Groupe (ALMCE) Q4 2024 TU earnings summary

Executive summary

• Achieved 18% revenue growth in 2024, reaching €24.7m, primarily from energy brokerage in France.

• Added over 11,000 new B2B customers, expanding the portfolio to 45,000 accounts by year-end.

• International expansion and Energy Transition services underperformed expectations, impacting operating profitability.

Financial highlights

• 2024 revenue: €24.7m (+18% year-over-year), with 96% from energy brokerage, 2% from Energy Transition, and 2% from international activities.

• H2 2024 revenue: €12.9m, up from €11.8m in H1 2024.

• Cash position at €7.6m as of December 31, 2024, compared to €7.9m as of June 30, 2024.

Outlook and guidance

• Return to operating profitability expected in 2025.

• 2025 revenue growth targeted at 5–10% with postponed €40m revenue and €5m operating income targets now set for 2028.

• Strategic action plan to be detailed with 2024 annual results in April 2025.