Azerion publishes Interim Unaudited Financial Results Q4 2025 and Preliminary Unaudited Financial Results Full Year 2025 | Taiwan News | Feb. 26, 2026 14:30

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56% : revenue 169.5153.1540.6497.3Costs of services and materials (127.4)(105.1)(394.6)(350.1)Personnel costs (17.8)(17.9)(75.2)(77.3)Depreciation (2.6)(2.6)(7.9)(7.6)Amortization (7.0)(9.6)(34.1)(29.2)Other gains and losses -(23.1)(0.2)(23.9)Other expenses (10.1)(10.7)(33.3)(37.3)Share in profit / (loss) of associates 1) -0.50.30.4Operating profit / (loss) 4.6(15.4)(4.4)(27.7) Finance income (0.6)3.17.66.9Finance costs (20.9)(13.9)(55.1)(46.0)Net Finance costs (21.5)(10.8)(47.5)(39.1) Profit / (loss) before tax (16.9)(26.2)(51.9)(66.8) Income tax expense (2.3)9.4(1.2)8.2Income from continuing operations (19.2)(16.8)(53.1)(58.6) Income from discontinued operations (1.6)(0.5)20.52.6Profit / (loss) for the period (20.8)(17.3)(32.6)(56.0)Attributable to: Owners of the company (21.5)(18.0)(34.6)(57.9)Non-controlling interest 0.70.72.01.9
56% : Current assets 237.4276.1Trade and other receivables 163.4184.6Current tax assets 2.80.9Cash and cash equivalents 58.090.6Assets classified as held for sale 13.2-Total assets 581.9679.1 Share capital 1.21.2Share premium 143.7143.6Legal reserve 36.233.2Share based payment reserve 12.512.6Currency translation reserve (1.6)(1.0)Fair value through OCI (0.9)(0.8)Retained earnings (176.4)(138.4)Shareholders' equity 14.750.4Non-controlling interest 8.96.8Total equity 23.657.2 Non-current liabilities 236.2305.9Borrowings 217.1256.0Lease liabilities 4.512.7Provisions 2.61.6Deferred tax liability 10.220.4Other non-current liability 1.815.2 Current liabilities 322.1316.0Borrowings 5.118.2Provisions 0.22.2Trade payables 157.8137.0Accrued liabilities 68.797.5Current tax liabilities 12.411.8Lease liabilities 3.76.7Other current liabilities 68.542.6Liabilities directly associated with assets held for sale 5.7-Total liabilities 558.3621.9Total equity and liabilities 581.9679.1 Condensed consolidated statement of cash flow Condensed consolidated statement of cash flow In millions of € Q4FY 2025202420252024Operating profit / (loss) 1)3.1(14.3)16.3(23.8)
53% : Condensed consolidated statement of other comprehensive income In millions of € Q4FY 2025202420252024Profit / (loss) for the period (20.8)(17.3)(32.6)(56.0)Currency translation differences 1.4(0.3)(0.4)1.0Share of other comprehensive income of associates (0.2)-(0.2)-Other items that will not be reclassified to profit or loss ---(0.8)Total other comprehensive income / (loss) 1.2(0.3)(0.6)0.2Total comprehensive income / (loss) (19.6)(17.6)(33.2)(55.8)Attributable to: Owners of the company (20.2)(18.2)(35.2)(57.7)Non-controlling interest 0.60.62.01.9 Condensed consolidated statement of financial position Condensed consolidated statement of financial position in millions of € 31 December 202531 December 2024Non-current assets 344.5403.0Goodwill 189.4192.6Intangible assets 120.4167.0Property, plant and equipment 12.924.3Non-current financial assets 5.14.8Deferred tax asset 2.81.5Investment in associates 13.912.8
53% : Interest received0.10.20.61.1Interest paid(9.2)(8.5)(35.1)(26.8)Income tax paid(0.6)(1.2)(3.5)(4.2)Net cash provided by (used for) operating activities28.610.811.57.8 Payments for property, plant and equipment(0.1)(0.3)(0.8)(0.8)Payments for intangibles(6.1)(6.2)(20.5)(20.0)Net cash outflow on acquisition (2.3)(11.7)(16.2)(27.7)Net cash inflow from sale of business0.2-51.211.2Distributions from equity method investees---0.5Net cash provided by (used for) investing activities(8.3)(18.2)13.7(36.8)
51% : Profit / (loss) before tax (1.6)1.020.33.5Income tax expense -(1.5)0.2(0.9)Income from discontinued operations (1.6)(0.5)20.52.6 Discontinued statement of cash flows In millions of € Q4FY 2025202420252024Net cash provided by (used for) operating activities0.32.51.05.5Net cash provided by (used for) investing activities0.4(1.1)51.2(3.7)Net cash provided by (used for) financing activities(0.2)(0.3)(0.9)(1.1)Net increase / (decrease) in cash and cash equivalents0.51.151.30.7 Stranded costs are presented as discontinued operations if there is a legal agreement for the underlying contracts or activities to transfer to the respective buyer(s) after the sale(s).
50% : GroupContinuing operationsDiscontinued operationsProfit / (loss) for the period (32.6)(53.1)20.5(56.0)(58.6)2.6Income Tax expense 1.01.2(0.2)(7.3)(8.2)0.9Net finance costs 47.947.50.439.539.10.3Operating profit / (loss) 16.3(4.4)20.7(23.8)(27.7)3.8Depreciation & Amortization 47.642.15.547.736.811.0EBITDA
49% : GroupContinuing operationsDiscontinued operationsProfit / (loss) for the period (20.8)(19.2)(1.6)(17.3)(16.8)(0.5)Income Tax expense 2.32.3-(8.0)(9.4)1.5Net finance costs 21.521.5-11.010.80.1Operating profit / (loss) 3.04.6(1.6)(14.3)(15.4)1.1Depreciation & Amortization 9.69.6-15.612.23.4EBITDA 12.614.2(1.6)1.3(3.2)4.5Other 1) 6.85.71.126.025.70.3Acquisition expenses 8.78.7-2.82.8-Restructuring 0.20.2-0.10.1-Adjusted EBITDA 28.328.8(0.5)30.225.44.8 1)Other mainly includes the impact of divestments.
37% : Disclaimer and cautionary statements This communication contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

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