Logic Instrument (ALLOG) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 reached €19.3M, up 32% year-over-year, driven by acquisitions and organic growth.

• Operating income rose 50% to €1.5M, with net income up 41% to €1.1M compared to H1 2024.

• Strategic acquisitions of Artic Distribution and Glacier Computer contributed €2.3M to revenue.

Financial highlights

• Gross margin held steady at 25% of revenue, increasing 36% in value year-over-year.

• Operating expenses increased 31% in line with business growth.

• Cash position stable at €5M, despite partial loan repayment.

• Shareholders' equity improved by €1.6M to €8M over six months.

Outlook and guidance

• Targeting revenue close to €50M for full-year 2025 with improved profitability.

• Strategic partnership with Eurotempest to address a €50M+ annual national market.

• New 2,200 m² factory in Essonne to open in Q2 2026, supported by a €1M strategic loan.