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S.S. Lazio
S.S. Lazio (SSL) investor relations material
S.S. Lazio H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary22 Sep, 2025
Executive summary
Revenue for the year ended June 30, 2025, was €143.49 million, down €49.74 million year-over-year, mainly due to lower European competition income.
Net loss of €17.16 million compared to a net profit of €38.50 million in the previous year.
Operating costs decreased by €18.77 million, primarily from lower personnel expenses.
UEFA license obtained for 2025/26; admitted to Serie A for both men's and women's teams.
Financial highlights
EBITDA fell to €8.16 million from €39.51 million year-over-year.
Operating income before taxes was a loss of €20.98 million, down from a profit of €40.72 million.
Total operating costs (excluding D&A) were €134.71 million, down from €153.48 million.
Personnel costs dropped to €97.93 million from €116.38 million.
Net financial debt increased to €66.30 million from €38.12 million.
Outlook and guidance
Inability to acquire new player rights in the summer transfer window due to regulatory non-compliance.
Management expects a return to economic and financial equilibrium in the short-to-medium term through asset valorization, new sponsorships, and international competition participation.
Impact of CO.VI.SO.C. transfer ban on squad?
How to achieve squad rejuvenation without new player acquisitions?
Strategy to diversify revenue streams?
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Next S.S. Lazio earnings date
H1 202610 Mar, 2026
S.S. Lazio
Next S.S. Lazio earnings date
H1 202610 Mar, 2026
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Frequently asked questions
S.S. Lazio S.p.A. is an Italian company primarily focused on professional sports, notably through the management and operation of the S.S. Lazio football team. Founded in 1900 and headquartered in Formello, Italy, the company's activities encompass organizing soccer matches, including ticket sales and the sale of radio rights, as well as advertising and merchandising of the S.S. Lazio brand. Its shares are listed on the Borsa Italiana.
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