Avenir Telecom (AVT) H2 2025 earnings summary

Executive summary

• Faced a challenging year due to aggressive pricing from Chinese smartphone makers and the loss of WhatsApp support on KaiOS feature phones, impacting sales and margins.

• Despite setbacks, remains confident in medium-term growth potential, supported by new product launches and expansion into new markets.

Financial highlights

• Revenue declined to €11.0M from €14.1M year-over-year, mainly due to sector headwinds and product competitiveness.

• Operating result before central costs improved to €0.9M from €0.7M, but total operating result fell to -€7.9M from -€7.0M.

• Net result deteriorated to -€10.2M from -€7.0M year-over-year.

• Consumed €6.9M in cash during the year, ending with €13.3M in available cash and €3.6M in equity.

Outlook and guidance

• Confident that financial resources are sufficient to cover liquidity needs for the next 12 months.

• Early positive reception of new products, especially feature phones with KaiOS and new computing products, could drive future growth.