OPUS GLOBAL (OPUS) Q1 2025 earnings summary

Executive summary

• Consolidated balance sheet total at HUF 1,034.0 billion as of 31 March 2025, down 2.9% from year-end 2024.

• Equity increased by 2.9% to HUF 392.0 billion; profit after tax rose 17.4% year-over-year to HUF 13.2 billion.

• Total operating income decreased 13.1% year-over-year, but operating costs fell 20.3%, driving a 52.5% increase in EBIT.

• No significant portfolio reallocations; financial stability remains steady.

Financial highlights

• Total operating income: HUF 125.2 billion (down 13.1% year-over-year).

• EBIT: HUF 21.95 billion (up 52.5% year-over-year); EBITDA: HUF 32.63 billion (up 32.3%).

• Net financial income turned negative at HUF -61 million (from HUF 2.9 billion profit in Q1 2024).

• Profit before tax: HUF 21.89 billion (up 26.6%); profit after tax: HUF 13.18 billion (up 17.4%).

• EPS (basic and diluted): HUF 12.1 (up from HUF 9.8 in Q1 2024).

Outlook and guidance

• Dividend of HUF 8.05 billion to be paid from 2024 profit, with the remainder allocated to retained earnings.

• Share repurchase program authorized up to 25% of share capital, with a maximum consideration of HUF 8 billion.

• Continued focus on portfolio streamlining and operational efficiency.