Avenir Telecom (AVT) H1 2026 earnings summary

Executive summary

• Revenue for the half-year ended 30 September 2025 was €4.8 million, down from €5.1 million year-over-year, with 16% from new product lines (PCs, tools, electrical equipment).

• Net loss improved to €2.7 million from €3.1 million year-over-year, reflecting cost control and reduced headcount.

• The company completed the extension of its Energizer license, launching new product categories and expanding distribution channels.

Financial highlights

• Revenue: €4.8 million (vs. €5.1 million prior year); France revenue rose to €0.7 million (vs. €0.4 million).

• Operating loss: €2.1 million (vs. €2.8 million prior year); net loss: €2.7 million (vs. €3.1 million).

• Gross margin impacted by price pressure in telephony; new products contributed €0.8 million.

• Total assets: €18.8 million (down from €23.0 million at 31 March 2025); equity: €0.9 million.

• Cash and equivalents: €9.6 million (down from €13.3 million at 31 March 2025).

Outlook and guidance

• Focus on commercial relaunch with expanded product range and new sales channels (e-commerce, physical retail).

• Recruitment underway to strengthen sales force; inventory being rebuilt for key sales periods (Black Friday, Christmas).