Alexandria Group (ALEX) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 increased by 10% year-over-year to €25.8M, driven by strong client work in a volatile market.

• EBIT declined by 19% to €4.4M, impacted by a one-time €1.0M penalty; adjusted EBIT was flat year-over-year.

• Customer satisfaction reached a record NPS of 74 in H1 2025.

• Assets under management (AUM) reached a record €2.1B as of June 30, 2025, up from €2.0B a year earlier.

• A new asset management license was granted in July, enabling broader service offerings.

Financial highlights

• EBITA for H1 2025 was €4.7M, down from €5.8M in H1 2024.

• Net profit for H1 2025 was €2.8M, compared to €3.9M in H1 2024.

• Fee income for H1 2025 was €25.5M, up from €23.0M in H1 2024.

• EPS for H1 2025 was €0.27, down from €0.38 in H1 2024; adjusted EPS was €0.31, down from €0.41.

• AUM: €2.1B (up from €2.0B).

Outlook and guidance

• Management expects continued favorable earnings development, with strong earnings capacity, but significant capital market changes could impact results.

• Focus remains on growing AUM, especially among wealthier client segments.