DJ VAZIVA SA: 2025 HALF-YEAR RESULTS
VAZIVA SA VAZIVA SA: 2025 HALF-YEAR RESULTS 07-Oct-2025 / 18:00 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- 2025 HALF-YEAR RESULTS Strong commercial momentum Profit-driven growth strategy confirmed Plan to grant free share warrants to all shareholders to support the Company's ambition Paris, 7 October 2025, 5:45 p.m. - VAZIVA (ISIN code FR0014007T10 - ALVAZ), a pioneer in the digitisation of employee benefits, today published its 2025 half-year results, which show 67.1% growth in revenue and a significant improvement in all its profitability indicators. In MEUR 30.06.25 30.06.24(1) Variation Limited auditor's review SALES 35.5 21.3 + 67.1% OVERALL GROSS MARGIN 7.2 5.9 + 22.1% EBITDA 2.1 1.6 + 36.7% OPERATING PROFIT 1.9 1.4 + 39.2% NET PROFIT 1.8 1.3 + 38.1%
(1)The data as of 30 June 2024 presented in this press release includes accounting reclassifications and minor corrections identified after the 2024 financial year-end. These adjustments do not have a significant impact on the consolidated financial statements but explain the differences compared with the figures published last year.
Sustained growth in revenues
In the first half of 2025, revenue amounted to EUR35.5 million, compared with EUR21.3 million in the first half of 2024, representing a significant increase of 67.1%. This growth is the result of both an expansion of the customer portfolio and an increase in the average basket size, confirming the growing adoption of the solutions offered by VAZIVA.
Increasing profitability
Amidst significant changes in its business, VAZIVA has successfully controlled all of its expenses to generate solid growth in all of its profitability indicators.
Gross margin, which represents the difference between revenue and the cost of services provided, stood at EUR7.2 million, up 22.1%.
Property rental costs increased by EUR0.3 million due to the signing of leases for new premises.
Personnel expenses amounted to EUR1.5 million, down 16.8% compared to the first half of 2024. This change is mainly due to a favorable basis for comparison, which included the social security contribution linked to the stock warrant plan for employees implemented in 2024.
Overall, EBITDA rose by 36.7% to EUR2.1 million, reflecting economies of scale and control over operating expenses.
After deducting EUR0.2 million in depreciation and amortization, operating profit amounted to EUR1.9 million, up 39.2%.
Net profit, which includes a tax charge of EUR0.1 million, reached EUR1.8 million compared with EUR1.3 million in the first half of 2024, representing growth of 38.1%.
Robust financial structure
As at 30 June 2025, equity stood at EUR20.4 million, up 9.3% year-on-year. Financial debt was reduced to EUR0.7 million, compared with EUR1.3 million as at 30 June 2024.
As of 30 June 2025, available cash stood at EUR12.4 million, reflecting the impact of first-half inflows from allocations.
Favorable outlook
Bolstered by these results, VAZIVA is approaching the second half of 2025 with confidence. Since Marina Germain took over as CEO, VAZIVA has accelerated its roadmap by expanding its offering and opening up the company to new customer segments. The recent strengthening of the key accounts division should help accelerate the acquisition of new customers among works councils and HR departments. At the same time, the gradual roll-out of the lunch allowance solution, currently being tested, will provide a new growth driver from 2026 onwards.
To mark its 10th anniversary, the Group unveiled a new brand DNA and a redesigned website, symbolising its strategic vision and long-term ambition. Finally, to support the expansion of its activities and increase in staff numbers, VAZIVA is preparing to move into new premises designed to support the long-term development.
As part of its new cycle, VAZIVA plans to allocate free stock warrants to all shareholders. The details will be announced in a forthcoming press release.
Upcoming publications: Annual turnover for 2025: Wednesday, 28 January 2026
About VAZIVA
Vaziva is the next-generation provider of employee benefits (holidays, gifts, lunches) on the first Mastercard® smart multi-benefit payment card managed for Social and Economic Committees (CSE), Human Resources (HR), companies and local authorities. This card can be used on the international Mastercard® network. The Vaziva Mastercard® card incorporates artificial intelligence [AI] that organises the management of social benefits according to employee spending.
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CONTACTS
Christophe KOURDOULY
@ christophe.kourdouly@vaziva.com
Dina MORIN
@ dmorin@capvalue.fr
----------------------------------------------------------------------------------------------------------------------- Regulatory filing PDF file
File: VAZIVA-PR RS 2025-071025
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Language: English
Company: VAZIVA SA
31 RUE DE LA FEDERATION
75015 Paris
France
Phone: 0672941282
E-mail: contact@vazivacard.com
Internet: www.vazivagroup.com
ISIN: FR0014007T10
AMF Category: Inside information / News release on accounts, results
EQS News ID: 2209490
End of Announcement EQS News Service
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2209490 07-Oct-2025 CET/CEST
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(END) Dow Jones Newswires
October 07, 2025 12:00 ET (16:00 GMT)
