After the successful initial public offer (IPO) in May, the Qualco Group recorded a steady upward performance in the first half of 2025.
The results of the first half of the Qualco Group show strong and methodical implementation of its strategic goals, confirming that the organization has strong foundations to achieve its medium -term forecasts. Going towards the end of the year, we remain committed to implementing our strategic plan, while maintaining the operational consistency and governance standards that have set our course.
For the first half of 2025 and compared to the previous year, the Group increased 18% (Yoy) in revenue and 31% in customized pre -tax, interest and depreciation profits. For the 12 months until June 2025, the Organization recorded the margin of customized profits before taxes, interest and depreciation of 21%, in alignment with its predictions in the original public bid, about 20% for the next 18-24 months. It has maintained a steady leverage of 0.8 times in net lending (excluding AMK revenue and lease) to profits before taxes, interest and depreciation of the last 12 months, while the conversion of its cash flows into profitability was improved by 50%.
The successful initial public offer and Introduction to the Athens Stock Exchange in May 2025allowed the Qualco Group to emerge as the largest Greek software and technology company based on capitalization. Specifically, we continued to serve our strategic vision with the addition of 11 large companies to our customer base, including four foreign banks to 7 countries outside Greece, the establishment of the ICT (QUENTO) industry, the securing important EU contracts and the acquisition of EMpedus (100%) and Cenobe (50%).
The Qualco Group remains committed to its strategic priorities for organic growth and internationalization, targeted mergers and acquisitions (M & AS) and technological innovation.
At the heart of our strategy is the achievement of long -term returns for shareholders and to observe high standards of transparent corporate governance and viability principles.
We are committed to continuing our activity consistently, building on this strong foundation for the creation of long -term value for all shareholders.
Financial data (1st Semester 2025)
- Revenue: EUR 89 million (+18% on an annual basis), according to medium -term growth targets
- Customized EBITDA: EUR 13 million (+31% on a yearly basis)
- EBITDA margin: 21%, achieve the goal in the original public offer
- Cash Flow Conversion: Improved by 50%
- Leverage: Net lending/Ltm EBITDA (excluding AMK revenue and lease) at 0.8x, fixed