NEO Finance (NEOF1) Q2 2025 earnings summary

Executive summary

• Achieved strong business momentum in H1 2025, with sustainable growth across all segments and strategic expansion into new markets.

• Revenue for H1 2025 reached EUR 3.76 million, up 25% year-over-year; EBITDA more than doubled to EUR 1.12 million.

• All three core business segments—Paskolų klubas, Neopay, and FinoMark—delivered solid progress and operational improvements.

• CEO transition completed in June 2025, with Juozas Kaminskas appointed as Head of Administration.

Financial highlights

• Q2 2025 revenue was EUR 1.98 million, a 29% increase compared to Q2 2024.

• Q2 2025 EBITDA rose 357% year-over-year to EUR 769 thousand; EBITDA margin reached 38.8%.

• Profit before tax in Q2 2025 surged 1094% to EUR 491 thousand from EUR 41 thousand in Q2 2024.

• Cost of sales in Q2 2025 decreased by 21% year-over-year, while operating costs increased by 4%.

• H1 2025 profit before tax was EUR 852 thousand, up 403% from H1 2024.

Outlook and guidance

• Focus for H2 2025 includes further platform enhancements, technical infrastructure upgrades, and expansion into additional EU markets.

• Neopay aims to broaden its product portfolio with payment terminals and financing solutions, targeting growth in Poland, Latvia, Estonia, and Spain.

• FinoMark to continue automation, product transparency, and strategic partnerships to drive sustainable growth.