REVO Insurance (REVO) Q1 2025 earnings summary

Executive summary

• Gross written premiums reached €102.5 million, up 40.7% year-over-year, with adjusted operating profit at €11.8 million and adjusted net profit at €7.1 million.

• Revenues from insurance contracts rose to €66.4 million, a 31.4% increase compared to the same period in 2024.

• The company maintained strong technical profitability and continued to diversify its insurance portfolio.

• Strategic initiatives included expanding the broker channel, launching new parametric products, and advancing proprietary technology platforms.

Financial highlights

• Operating profit was €10.7 million, with adjusted operating profit at €11.8 million, up 18.4% year-over-year.

• Net profit stood at €6.1 million, with adjusted net profit at €7.1 million.

• Net financial result was €1.3 million, with a positive investment contribution of €1.5 million.

• Group shareholders' equity totaled €245.6 million.

Outlook and guidance

• The company confirmed its growth trajectory and technical quality in the early weeks of Q2 2025, despite an uncertain macroeconomic environment.

• The new 2026-2028 Industrial Plan will be presented on 4 June 2025.