Enersize (ENERS) Q4 2025 earnings summary

Executive summary

• Revenue for Q4 2025 was €19,984, down from €57,463 in Q4 2024; full-year revenue was €166,282, a 46% decrease year-over-year.

• EBIT for Q4 2025 was -€459,645 (Q4 2024: -€288,043); full-year EBIT was -€1,204,952 (2024: -€1,143,311).

• Net loss for the year was -€1,478,176, impacted by significant goodwill write-downs.

• Strategic shift toward a partner-driven business model and increased commercial activity, with a focus on scalable growth.

• Notable events include new leadership, capital raising, and a terminated acquisition process.

Financial highlights

• Revenue declined 46% year-over-year due to the expiration of two major customer contracts.

• EBIT margin remained negative; net loss increased mainly due to €203,036 goodwill impairment.

• Cash flow from operations for the year was -€1,131,440, stable compared to -€1,128,289 in 2024.

• Cash and cash equivalents at year-end were €85,485 (2024: €66,403).

• No investments in intangible or tangible assets during Q4; cash flow affected by asset write-downs.

Outlook and guidance

• Ongoing efforts to secure additional financing and strategic partnerships to ensure continued operations.

• Shift to a partner-based model expected to improve scalability and sales efficiency.

• Market demand for energy efficiency solutions remains strong, but economic uncertainty and cautious industrial investment may impact sales.