EPSILON NET — Consolidated Financial Highlights FY2025

Turnover of €135 million (+16%) | EBITDA of €43 million (+33%)

Net Profit after tax of €29 million (+42%)

In 2025, the EPSILON NET Group of Companies continued the execution of its business plan, delivering a significant increase in its financial performance that reflects its leading position in the Business Software sector in Greece and its gradual expansion into the markets of Cyprus and Romania.

Τα βασικότερα οικονομικά μεγέθη του Ομίλου EPSILONNET για το οικονομικό έτος 2025 έχουν ως εξής:

 FINANCIAL DATA 

01/01/2025-31/12/2025 01/01/2024-31/12/2024

Change (%)

GROUP (€ thousands)

Turnover (Sales) 135.317 116.819 15,83%
Net Profit after Tax 29.302 20.660 41,83%
 EBITDA 42.646 32.091 32,89%
EBITDA margin 31,52% 27,47%

+4,1 pp

Specifically, Group Turnover increased by 15.83%, Net Profit after Tax by 41.83%, and Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) by 32.89%. At the same time, a significant improvement was achieved in the EBITDA margin, which reached 31.52% of Turnover compared to 27.47% in 2024, marking an increase of 4.1 percentage points.

The significant growth rate in the Group's financial performance was driven 93.7% by organic growth, while the remaining 6.3% was the result of targeted acquisitions that contribute to the Management's strategic objective of providing all-in-one solution products and services, continuously expanding market share, and achieving strong net profitability performance.

Furthermore, the Group continues to maintain significant liquidity, with total cash and cash equivalents of €31.24 million at the end of the fiscal year (an increase of €9.2 million compared to 2024), while maintaining a net cash position (negative net debt) of €13.54 million, as shown in the table below, reflecting the Group's capacity to execute investments while preserving its solid financial structure.

Additionally, during 2025, the Group's Equity was significantly strengthened (+26.31%), reaching €95.92 million.

Group Financial Data

31.12.2025

31.12.2024

Long-term Debt 9.849.120,03 5.960.007,19
Long-term Lease Liabilities 6.718.172,34 4.706.588,97
Short-term Debt 2.754.719,84 7.675.955,93
Short-term Lease Liabilities 1.882.747,77 1.719.441,01
Cash and Cash Equivalents (31.242.185,90) (22.019.839,64)

Net Cash Position / (Net Debt)

(10.037.425,92)

(1.957.846,54)

Investment Portfolio Securities (3.504.118,86) (3.430.689,57)

Total Net Cash Position / (Total Net Debt)

(13.541.544,78)

(5.388.536,11)

Group Leverage Ratio

31.12.2025

31.12.2024

Net Cash Position / (Net Debt) (10.037.425,92) (1.957.846,54)
Total Equity 95.916.563,59 75.937.310,99
Total Capital Employed 85.879.137,67 73.979.464,45

Leverage Ratio

-0,1169

-0,0265

The Group consistently executes its business strategy across all sectors of activity, aimed at enhancing overall operational efficiency, while deploying large-scale new investments particularly in the Cloud and Artificial Intelligence sectors, as well as in Fintech and vertical market Business Software solutions.

A key focal point of the Group's strategy is the continuous upskilling, training, and development of its personnel, alongside boosting overall productivity. A major milestone in this direction is the completion of the Group's relocation to its new, privately-owned facilities in Athens and Thessaloniki, featuring fully integrated IT infrastructure and high security standards to provide employees with an exemplary, European-standard work environment. The official inauguration of the Group's new building complex in Thessaloniki took place in June, while the relocation of Athens staff to the new office complex in Metamorfosi, Attica, and to a dedicated building on Syggrou Avenue is expected to be completed gradually by September of this year.

Based on the positive H1 2026 financial results, Group Management estimates that the targets for both revenue sales and profitability expansion will be achieved in the current fiscal year. This growth is backed by leveraging the Group's leading position in the business software market, strong organic development capabilities, and further scale expansion via targeted acquisitions.

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