Press Release
62.IM in net profit in 2025: the Group returns to profitable growth and accelerates in Q1 2026 (+29%).
announces its 2025 annual results and its revenue for the first quarter of
2026.
Annual revenue of E28 million, up +14% vs. 2024
Operating margin of 8.7% (vs. -0.7% in 2024), representing operating income of E2.4 million
A low capital-intensive business model enabling the generation of E2.1 million in net profit
Continued growth in the client base, with 11,295 active clients, up
+1O% vs. 2024
Q1 2026 revenue up +29% vs. Q1 2025 and +82% vs. Q1 2024
2028 financial targets confirmed
Proposed dividend distribution of EO.39 per share
New date for the General Shareholders' Meeting: May 28, 2026
Bordeaux, April 2O, 2O26 at 7:3O a.m. CEST - Mon courtier énergie Group (ISIN code: FROO14OOH3AO - Ticker: ALMCE), an energy brokerage com pany for businesses, today announces its annual financial results for the year ended Decem ber II, 2O25, as approved by the Board of Directors on April 16, 2O25', and confirms its 2O28 targets.
Hugo LARRICQ, Chief Executive Officer of Mon courtier énergie Group, stated: "2025 marks the Croup's return to profitable growth. Ouring the financial year, the Croup generated revenue of €28 million, up +I4% compared to 2024, illustrating the sustained momentum of our activities. Operating income amounted to €2.3 million, an increase and +l5% above the estimate set in the first half of 2025.
This performance is driven by three main levers: value creation for existing clients, strengthening of commercial expertise, and acceleration of international development. At the same time, cost control - with a positive impact of +€5O3K contributing +1.8 margin points - enables a return to normalized profitability levels.
' The audit procedures for the onn uol occounts hove 6een completed and the statutory auditor's reports on the company and consolidated accounts as at Z1 December 2025 ore c urrently heing finalised. The 2025 onmo/ financial report will he published within the statutory timeframe.
In this context, the Croup confirms its 2028 ambitions, supported fry the continuation of ongoing initiatives, such as expanding its territorial footprint and activating new drivers, notably the digitalization of brokerage activities and the deployment of agentic Al, which should make it possible to ahsorb a +4O% increase in business volume with a constant support headcount.
I would like to thank all employees for their commitment throughout 2025. These results reflect their professionalism and daily dedication. The Croup is confident in its ability to continue its transformation towards a more digital model, serving sustainable performance and enhanced operational efficiency."
Simplified consolidated income statement
in K€
Revenue
Other operating income
Raw materials and consumables purchased Personnel expenses
Duties and taxes EBITDA
Depreciation, amortization and provisions
Total operating expenses Operating income (EBIT) Financial resuIts Exceptional items
Income tax
Minority interests
Net income (Group share)
2024
24 672
565
19 461)
(5292)
102)
]82
(549)
(25 404)
(167)
91
(22)
(278)
(29)
(346)
2025 revenue increased by 14% to 628 million, including:
626.8 million in France, of which 93% was generated through brokerage activities;
II.2 million generated internationally by our Belgian and Spanish subsidiaries (representing 4% of total revenue), an increase of nearly 200% compared with 2024, when operations in Belgium began in September.
Operating expenses increased by +3.6% to 626.3 million in 2025 and are broken down as
follows:
621.2 million in cost of goods consumed and other operating expenses, notably including compensation paid to licensed agencies, which represents a key driver of the Group's commercial development. Their increase of +9.1% mainly reflects the rise in revenue recorded over the period. At the same time, the innplementation of a cost optimization policy generated a positive impact of +65O3K;
64.5 million in personnel expenses, down -15%, due to workforce reductions and the closure of MCE Agences.
Thus, operating income for 2025 came in at 62.4 million. After taking into account financial income of -666K, exceptional income of +6349K, income tax expense of 6629K, and minority interests of 624K, net income (Grou p share) for 2025 stands at +62.1 million (vs. -TO.Z million in 2024).
As of December II, 2025, the Group and its agency network employed 200 people, a stable level compared with December II, 2024.
Cash position as of December 31, 2025
As of December II, 2025, the Group's cash position stood at 69.4 million (comprising cash and cash equivalents and marketable securities on the balance sheet), compared with 67.8 million as of December II, 2024, representing a net increase of 11.6 million.
A year 2025 marked by qrowth and a stronq return to profitability
2025 marks the Grou p's return to net profitability, in line with announcements made to the market and the objectives set out in its strategic plan.
Operating income amounted to 62.3 million, with net income of 62.1 million.
This performance reflects both business growth and the efforts undertaken to optimize the cost structure. It confirms the Group's ability to combine expansion with financial discipline.
Development, upscaling, and strong retention of the customer portfolio
The Grou p continues to expand into uncovered departments, representing an estimated growth potential of 20%. This strategy is supported by the opening of new brand licenses - including three by the end of 2026- as well as the development of indirect sales in support of existing license holders and in still unserved areas.
Growth is also driven by experienced brokers (139 at the end of 2025), whose average seniority increased by +20% year-on-year. This accumulated experience enables brokers to serve clients with higher energy consumption intensity. This upmarket shift is reflected in a
+41% increase in average consumption between 2024 and 2025.
Customer portfolio retention remains a central pillar of the Group's strategy. In 2025, the share of reven ue generated from contract renewals reached 50% in France, up +1O percentage points compared with 2024. This dynamic strengthens revenue visibility and secures the growth trajectory. It illustrates the relevance of the customer support model and high customer satisfaction, with clients awarding the maximum rating in 93% of cases, in a complex energy environment.
The customer base continues to grow, reaching 11,295 clients at the end of 2025, up +10% year-on-year.
Thus, the Group confirms its operational targets of reaching a network of more than 180 brokers in France (vs. 139 in 2025), 15,000 active clients (vs. 11,295 in 2025), and 60% of brokerage revenue coming from contract renewals (vs. 50% in 2024).
Optimisation of the acquisition strategy
As part of the execution of its strategic roadmap, the Group is implementing a two-tier operating model, combining the continuation of its segmentation strategy aimed at directly addressing high-consumption customers, with the rollout of a digitalized indirect sales offering dedicated to lower-consum ption customers.
This structure, which will be fully operational during 2026, will enable the Group to optimize its commercial coverage, improve operational efficiency, and support profitable growth, while enhancing the quality of service delivered across all customer segments.
Cost reduction and optimization of the structure
The Group continued in 2025 to implement an active cost rationalization policy aimed at sustainably improving its profitability. The efforts undertaken have enabled a return to normalized profitability levels. The operating marpin (operating income / revenue) reached 8.1% in 2025, compared to -0.7% in 2024 and 6.9% in 202a.
This innprovement is mainly driven by two factors:
A workforce reduction plan, primarily in France, with 46 full-time equivalent employees as of December II, 2025, representing a -30% decrease compared to 2024'
A general overhead cost optimization policy, generating a positive impact of +65OZk.
In addition, the Group is deploying agentic AI solutions aimed at absorbing a +40% increase in volumes by 2028 with a constant workforce, particularly in support functions. Use cases notably include pricing, contract completeness analysis, and automated invoice processing (OCR).
Acceleration of international qrowth
2025 confirms the acceleration of activity in Spain and Belgium, with revenue tripling year-on-year to reach II.2 million. International business now represents 4% of total revenue and accounts for one-third of the Group's growth. Growth prospects remain strong, and the Grou p aims to achieve operating profitability in this activity in the near future.
Refocusinq of service offerings and energy transition services
In 2025, the Grou p refocused its services and energy transition activities on core, higher value-added offerings for customers, in particular support for the "Décret Tertiaire" regulation and the development of renewable energy guarantees of origin. This targeted
approach enables the Group to address customers' regulatory and environmental challenges in a concrete way.
In 2026, the Group plans to launch new offerings designed closely around customer needs, with the aim of sustainably optimizing their energy expenditure and enhancing their overall performance.
Structured development of the CSR policy
In 2025, the Grou p continued to structure its CSR approach in line with its activities and stakeholders. The initiatives undertaken notably aim to support customers in their energy transition and to promote responsible offerings.
In addition, in 2025 the Group engaged in an EcoVadis CSR assessment process, which resulted in January 2026 in the award of a Gold medal with a score of 82flOO. This initiative is fully alig ned with a strategy focused on sustainable value creation.
Q1 2O26 revenue increased by +29% to 68.3 million (vs. Q1 2025), including:
67.8 million in France, of which 95% was generated through brokerage activities;
TO.5 million in Spain and Belgium, growing year-on-year by 95% and representing
6% of Grou p revenue.
The Group is targeting revenue of 631 million in 2026 and operating income of 62.7 million.
Annual revenue of 640 million ;
Operating income of 64 million.
The Board of Directors will propose to the General Meeting of May 28, 2026, a cash dividend distribution totaling 61,426,566.18, corresponding to TO.39 per share, with an ex-dividend date of June TO, 2026, and a payment date of July 2, 2026.
At its meeting of April 16, 2026, the Board of Directors decided to propose to the next General Meeting:
The renewal of the mandates of directors whose terms are expiring,
As well as the appointment of Mr. Hugo Larricq, Chief Executive Officer, as a new director.
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