Utenos Trikotazas (UTR1L) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 increased to €9,658k, up from €7,380k year-over-year, with gross profit turning positive at €1,215k versus a loss of €173k in 2024.

• Net loss narrowed to €508k for the group, compared to a €2,303k loss in the same period last year.

• Operating cash flow was negative at €942k, with cash and cash equivalents dropping to €308k from €2,354k at year-end 2024.

• A significant foreign currency translation gain of €317k was recognized in other comprehensive income due to net investment in a Ukrainian subsidiary.

Financial highlights

• Group sales rose 31% year-over-year to €9,658k; cost of sales increased to €8,443k.

• EBITDA for the group was €115k, a turnaround from negative €1,974k in 2024.

• Basic/diluted EPS improved to (€0.05) from (€0.24) year-over-year.

• Total assets decreased to €14,241k from €15,505k at year-end 2024.

• Net cash from financing activities was negative €1,534k, reflecting loan repayments and interest.

Outlook and guidance

• No explicit forward guidance provided, but the narrowing loss and improved gross profit indicate ongoing restructuring and operational improvements.