Reworld Media (ALREW) H2 2025 earnings summary

Executive summary

• Annual consolidated revenue reached €529.3m for 2025, stable year-over-year with a 0.6% increase in H2.

• EBITDA rose 3.0% to €55.4m, with margin improving to 10.5%.

• B2B division drove growth, now accounting for 60% of revenue and 70% of EBITDA.

• Net income declined 20.6% to €19.9m due to exceptional items.

• Strategy focused on digital acceleration, social, and AI-driven conversational environments.

Financial highlights

• Revenue: €529.3m, down 1.0% year-over-year; H2 saw a 0.6% increase.

• EBITDA: €55.4m, up 3.0%; EBITDA margin at 10.5%.

• EBIT: €48.4m, up 3.6%.

• Net income: €19.9m, down 20.6% due to exceptional provision.

• Operating cash flow: €58m, up from €52.3m in 2024.

Outlook and guidance

• Plans to capture growth in conversational-agent markets leveraging editorial brands and proprietary tech.

• Focus on social and conversational environments (LLMs) for future expansion.

• Positioned to accelerate in digital media advertising, a double-digit growth market.