Siili Solutions (SIILI) Q2 2025 earnings summary

Executive summary

• Strategy execution focused on data and AI, with ongoing transformation and advisory service launches to strengthen AI capabilities and profitability.

• Organizational restructuring aims to simplify structure, align with market demand, and achieve €4.1–€4.5 million in annual cost savings, with up to 47 positions reduced.

• Acquired majority stakes in Integrations Group Oy and increased ownership in Supercharge Kft, enhancing service capabilities.

Financial highlights

• H1 2025 revenue was €57.5 million, down 2.8% year-over-year; Q2 2025 revenue was €27.6 million, down 5.9% year-over-year.

• Adjusted EBITDA/EBITA for H1 2025 was €2.6 million (4.5% margin), down from 5.6% in H1 2024; Q2 2025 adjusted EBITDA/EBITA was €1.3 million (4.7% margin).

• International revenue accounted for 26.1% of total, with €15.0 million generated outside the domestic market, but declined by 10% year-over-year.

• Cash and cash equivalents at €15.9 million; equity ratio improved to 49.9%.

• Net profit for H1 2025 was €0.7 million, with EPS at €0.09, down from €1.8 million and EPS of €0.22 in H1 2024.

Outlook and guidance

• Full-year 2025 guidance: revenue between €108–€130 million and adjusted EBITDA/EBITA between €4.7–€7.7 million.

• Long-term targets (2025–2028): 20% annual revenue growth (10% organic), sustainable EBITA margin of 12%, net debt/EBITDA below 2, and dividend payout of 30–70% of net profit.

• No signs of market improvement; demand environment expected to remain challenging.