Avenir Telecom (AVT) Q2 2025 TU earnings summary

Executive summary

• Revenue for the first half of 2024-2025 was €5.1 million, down from €7.3 million year-over-year, reflecting challenging market conditions and the loss of a major client in Asia-Oceania.

• The company is preparing for a return to growth by expanding its product offering and entering new markets through an extended licensing agreement with Energizer® until 2030.

Financial highlights

• Consolidated revenue for H1 2024-2025 was €5.1 million, compared to €7.3 million in the same period last year.

• EMEA revenue remained stable at €5.1 million, while Asia-Oceania revenue dropped to zero from €0.9 million.

• Gross cash position was over €15 million at the end of September 2024, down from €20 million at the end of March 2024.

Outlook and guidance

• Operational profit before central costs is expected to remain positive and comparable to the previous year, despite lower sales.

• Growth is anticipated from early 2025, with new product launches in computing, tools, and electrical equipment.

• No significant rebound is expected in the second half of the current fiscal year; growth should be visible from the next fiscal year.