Younited Financial (YOUNI) H1 2025 earnings summary

Executive summary

• Implemented a strategic pivot in H1 2025 to a balance-sheet lending model, reducing reliance on external debt capital markets and increasing resilience and profitability.

• Acquired Helios, expanding into green digital banking and broadening the product ecosystem with new offerings.

• Achieved B Corp certification across all European entities, reinforcing commitment to responsible finance and sustainability.

• Younited Pay scaled rapidly, with 75% of instalment payment volumes via partner ecosystem and high customer satisfaction.

• Loan origination volumes grew by 24% to €629.3m, total revenue by 48% to €85.1m, and adjusted net loss reduced to €(10.0)m in H1 2025.

Financial highlights

• Loan origination reached €629.3m in H1 2025, up 24% from H2 2024.

• Total revenue increased to €85.1m, a 48% rise over H2 2024.

• Gross profit surged 286% to €37.4m compared to H2 2024.

• Adjusted net loss improved to €(10.0)m in H1 2025 from €(37.0)m in H2 2024.

• Total assets grew from €1.2 billion at end-2024 to €1.5 billion at June 2025.

Outlook and guidance

• Targeting positive adjusted net income in Q4 2025, excluding Helios and integration costs.

• Plans to scale profitably in core lending markets, broaden Younited Pay's reach, and integrate Helios while maintaining cost discipline.

• Macroeconomic environment remains fragile, with ECB rate cuts and easing inflation.