Business
Half-year Financial Report
Baltic Classifieds Group PLC reported a 7% revenue increase to €44.8 million for the six months ended October 31, 2025, with EBITDA growing 7% to €35.2 million and an maintained EBITDA margin of 78%. Adjusted basic EPS rose 10% to 6.3 € cents, and the company transitioned to a net cash position of €5.1 million. The company saw strong performance in Real Estate, with a 20% revenue increase, while Auto revenue remained flat due to market headwinds in Estonia, despite overall yield growth driven by price adjustments and increased uptake of premium packages. The company expects revenue growth to accelerate into double digits for FY2027, led by Real Estate and Auto. Disclaimer*
About this update from Baltic Classifieds Group Plc
[{"type":"text","content":"\n\n\n \n \nBALTIC CLASSIFIEDS GROUP PLC\nHALF YEAR RESULTS FOR THE SIX MONTHS ENDED 31 OCTOBER 2025\n Baltic Classifieds Group PLC (\"BCG\" and the \"Group\"), the leading online classifieds group in the Baltics, announces half year results for the six months ended 31 October 2025 (H1 2026)\n \n \nStrategic overview\n· BCG's leadership1 in its core markets remains as strong as ever.\n· Traffic on our websites averaged 58 million visits per month2, which implies the entire Baltic population visited our sites 10 times every month (H1 2025: 56 million visits and 9 times).\n· We implemented price changes for B2C and C2C customers at similar levels to previous years, other than for car dealers in Estonia. This drove yield3 growth across our businesses and positioned BCG well for continued growth, as the impact of the recent B2C price changes will only be felt in full in the next reporting period. During H1, ARPU3 increased in all our business lines: 16% in Real Estate; 13% in Auto4 and 5% in Jobs5. Yields per C2C listed ad grew 27% in Real Estate, 29% in Auto and 26% in Generalist6, yield per Services C2C active ad was up by 1%.\n· The strength of the Baltic economies has led to faster selling times and corresponding downward pressure on advertising inventory, especially as compared to the record levels achieved a year ago. As previously communicated, and adding to inventory pressure, Estonian auto transactions7 were down by half as a result of tax changes.\n· We continued to invest in our products and services, including the development of proprietary AI tools and, ongoing improvements to our IT and data infrastructure, further strengthening our ability to deliver continued yield improvements.\n \nFinancial highlights\n· Revenue grew 7% to €44.8 million (H1 2025: €41.8 million).\n· Core classifieds revenue streams - B2C and C2C - together account for 91% of total revenues. B2C, representing 52%, grew by 13%, while C2C, contributing 39%, grew by 3%, reflecting headwinds in listing volumes.\n· EBITDA8 grew 7% to €35.2 million (H1 2025: €32.9 million), with maintained E...