Valuno Group (VALUNO) Q1 2025 earnings summary

Executive summary

• Net sales reached €75.7 million in Q1 24/25, up 46% sequentially and 1737% year-over-year, driven by new partnerships and increased transaction volumes.

• Gross profit was €2.4 million with a gross margin of 3.1%, reflecting a shift to lower-margin products.

• Adjusted EBITDA improved to €0.4 million from -€1.3 million year-over-year; EBIT and net profit reached breakeven at €0.0 million.

• October revenue hit a record €36.4 million, indicating continued strong momentum.

• Launched the Quickbit Corporate Wallet, expanding B2B offerings and targeting business clients.

Financial highlights

• Net sales: €75.7 million (Q1 24/25) vs €4.1 million (Q1 23/24) and €51.8 million (Q4 23/24).

• Gross profit: €2.4 million (Q1 24/25) vs €0.2 million (Q1 23/24); gross margin: 3.1% vs 4.3%.

• Adjusted EBITDA: €0.4 million (Q1 24/25) vs -€1.3 million (Q1 23/24); margin: 0.5%.

• EBIT: €0.0 million (Q1 24/25) vs -€1.9 million (Q1 23/24).

• Cash flow from operations: €1.2 million (Q1 24/25) vs -€0.2 million (Q1 23/24); cash and equivalents: €4.4 million.

Outlook and guidance

• Management expects continued strong demand and a powerful end to the year, supported by record October revenues.

• Gross margin is expected to remain at current levels due to product mix.

• Expansion in B2B segment anticipated with the launch of Corporate Wallet.