Ease2pay (EAS2P) H1 2025 earnings summary

Executive summary

• Platform fee income rose 30% to EUR 1.7 million for the six months ended 30 June 2025, driven by strong growth in platform activities and user adoption.

• Gross profit increased 71% to EUR 1.2 million, reflecting higher revenue and lower cost of revenue.

• EBITDA improved to EUR 0.4 million positive, compared to EUR 0.2 million negative in the prior year period.

• Net loss narrowed to EUR 0.2 million negative from EUR 0.6 million negative year-over-year.

• Transaction volume grew 30% year-over-year, with a 39% increase excluding Miele appWash; Q2 saw accelerated growth in parking transactions.

Financial highlights

• Total revenue increased 11% year-over-year to EUR 1.74 million.

• Cost of revenue decreased 13% to EUR 0.58 million.

• Employee benefits and other operating expenses decreased by 6% and 13%, respectively.

• Depreciation and amortisation rose by EUR 130 thousand due to a shorter useful life of acquired assets.

• Cash and cash equivalents increased to EUR 2.9 million as of 30 June 2025.

Outlook and guidance

• Further autonomous EBITDA growth is expected for the remainder of 2025.

• Anticipates continued positive impact on parking transaction volumes in H2 2025 due to increased user adoption.

• Seasonal effects expected to boost revenues in the second half of the year.