MyHotelMatch (MHM) H1 2025 earnings summary

Executive summary

• Strategic review led to ending application development and divestment of NYS and MHM Labs in late 2024.

• Discussions for a merger with Courbet Heritage were discontinued post-period; a new strategy will be announced in October 2025.

• All subsidiaries were sold; the company now operates without any consolidated entities.

Financial highlights

• No revenue was generated in the first half of 2025.

• Net loss for the six months ended June 30, 2025, was €303,175, compared to a net loss of €990,135 for the year ended December 31, 2024.

• Total assets at June 30, 2025, were €339,768, down from €515,374 at December 31, 2024.

• Equity was negative at €3,566,535 as of June 30, 2025.

Outlook and guidance

• Financial support from the main shareholder ensures liquidity through at least August 2026.

• A new strategic direction will be communicated to the market in October 2025.