Punktid Technologies (PNKTD) Q4 2024 earnings summary

Executive summary

• Gross merchandise value (GMV) for the platform reached €589k, up 7% year-over-year, but total group revenue fell 81% to €75k due to a complete halt in wholesale activities during the period.

• The group focused on retail platform development, technical optimizations, and expanding product offerings, including launching a German-language site.

• The mediation service business remained profitable, but overall group loss was €25k, mainly due to holding company expenses and amortization.

• A decision was made to exit the stock exchange, announced in February 2025.

Financial highlights

• Sales revenue: €75,184 (down from €402,810 year-over-year).

• Gross profit: €75,005 (down from €190,746 year-over-year).

• EBITDA: €6,003 (down from €93,860 year-over-year).

• Net loss: €24,742 (compared to net profit of €66,144 in the prior year period).

• Operating expenses decreased by 32% to €65k.

• No investments were made in the period.

Outlook and guidance

• Wholesale activities are being cautiously restored in early 2025 in response to demand.

• Cost optimization continues to ensure sustainability, with owners prepared to provide additional funding or organize a share offering if needed.