Brockhaus Technologies AG: Preliminary revenue for 9M 2025 of €181.6 million and adjusted EBITDA of €48.7 million – 2025 forecast confirmed

Brockhaus Technologies AG: Preliminary revenue for 9M 2025 of €181.6 million and adjusted EBITDA of €48.7 million – 2025 forecast confirmed

Frankfurt am Main, November 4, 2025

Brockhaus Technologies AG (BKHT, ISIN: DE000A2GSU42, “Brockhaus Technologies”) achieved revenue of €181.6 million in the first nine months of the fiscal year 2025, according to preliminary figures. This represents organic growth of +3.6% compared to the same period of the previous year (9M 2024: €175.3 million). Adjusted EBITDA for the reporting period amounted to €48.7 million, corresponding to an adjusted EBITDA margin of 26.8% (9M 2024: €68.0 million; 38.8% margin).

In the HR Benefit & Mobility Platform segment (Bikeleasing, Probonio & Bike2Future), revenue in 9M 2025 rose by +6.1% to €160.3 million (9M 2024: €151.1 million). The main driver of growth was a significant increase in revenue from the resale of bikes at the end of their lease term, which generally have a lower gross profit margin than the other revenue components of the segment. Adjusted EBITDA for the segment was €50.8 million, with an adjusted EBITDA margin of 31.7% (9M 2024: €70.6 million; 46.7% margin). The margin was particularly impacted by planned higher personnel and other operating expenses related to the long-term growth strategy of transforming from a single-product company focused on company bike leasing into a multi-benefit platform.

In the Security Technologies segment (IHSE), revenue for 9M 2025 amounted to €21.3 million, below the level of the prior-year period (9M 2024: €24.2 million). Adjusted EBITDA came in at €2.6 million, corresponding to an adjusted EBITDA margin of 12.3% (9M 2024: €3.2 million; 13.2% margin).

Brockhaus Technologies’ forecast for fiscal year 2025 remains unchanged, with expected revenue between €225 million and €235 million and adjusted EBITDA between €50 million and €55 million.

The financial figures in this release are preliminary and unaudited. The 9M 2025 quarterly report will be published on Friday, November 14, 2025. The earnings call will also take place that day at 4:00 p.m. (CET).

Contact:
Brockhaus Technologies – Florian Peter
Phone: +49 69 20 43 40 90
Fax: +49 69 20 43 40 971
Email: ir@brockhaus-technologies.com