WALLIX GROUP (ALLIX) H1 2025 earnings summary

Executive summary

• First half 2025 saw a sharp improvement in earnings, driven by operational leverage and cost control, with strong sales momentum and hypergrowth in recurring business.

• Positioned as a leading European cybersecurity provider, bolstered by BSI certification in Germany and compliance with stringent EU standards.

Financial highlights

• Monthly recurring revenue (MRR) reached €2.3 million as of June 30, 2025, up 25.2% year-over-year; annual recurring business totaled €27.7 million.

• First half 2025 turnover was €18.0 million, up 18.9% from H1 2024; recurring business made up 74.5% of turnover.

• EBITDA turned positive at €0.6 million, a €4.1 million improvement year-over-year.

• Operating loss reduced to €3.0 million, improving by €3.3 million year-over-year.

• Net loss narrowed to €3.1 million from €5.6 million in H1 2024.

Outlook and guidance

• Operating profit target for 2025 reaffirmed, with expectations of strong H2 performance and continued profitable growth.

• Strategic investments in innovation and solution enhancement to continue, leveraging a solid financial position.