Enersize (ENERS) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 was €125,924, down from €201,291 year-over-year, with Q2 revenue at €56,159 compared to €81,903 in Q2 2024.

• EBIT for H1 2025 was -€514,349, nearly unchanged from -€527,362 in H1 2024, despite lower sales.

• Net result before tax for H1 2025 was -€773,387, compared to -€759,238 in H1 2024.

• New CEO appointed in May, with increased sales activity and customer engagement reported.

Financial highlights

• Gross margin for H1 2025 was 88%, slightly lower than 91% in H1 2024.

• Cash flow from operations for H1 2025 was -€673,255, an improvement from -€764,315 in H1 2024.

• Cash and cash equivalents at June 30, 2025, were €119,539, down from €435,096 a year earlier.

• Equity ratio at period end was 43.5%, down from 79.7% at June 30, 2024.

Outlook and guidance

• Increased sales activity and customer dialogues are expected to drive future growth.

• The company is focusing on long-term, systematic market engagement to build value.

• Financing needs remain, with potential capital injection from TO4 warrants in late 2025.