Ease2pay (EAS2P) H2 2025 earnings summary

Executive summary

• Achieved strong growth in platform activities, with platform fee income up 38% to €3.7 million and gross profit up 49% to €2.6 million year-over-year.

• EBITDA turned positive at €1.0 million (2024: nearly nil), and net result improved to €0.3 million profit from €0.8 million loss in 2024.

• Transaction volume rose 67% to 6.2 million, driven by parking activities and expansion into the Port of Antwerp.

• ISO/IEC 27001:2022 certification obtained, enhancing information security and enabling cybersecurity insurance.

Financial highlights

• Total revenue increased 35% to €3.9 million (2024: €2.9 million).

• Cost of revenue rose 13% to €1.3 million, while gross profit reached €2.6 million.

• EBITDA improved by €947 thousand to €993 thousand positive.

• Net result for the year was €288 thousand profit, aided by a deferred tax income of €322 thousand.

• Cash and cash equivalents increased to €3.7 million (2024: €2.7 million) due to positive operational cash flows.

Outlook and guidance

• Strategy focuses on accelerated growth through acquisitions and further transaction volume increases.

• Expects continued revenue growth and stable R&D expenses.

• Macroeconomic and geopolitical uncertainties, especially energy price volatility, may impact mobility services.

• Cooperation with Miele appWash ends in H2 2026, with a termination fee and expected goodwill impairment in 2026.