Business development in the first half of 2025 characterised by market restraint – focus on strategic growth course

• Sales of EUR 29 Mio. (-16 per cent compared to the first half of the previous year)
• Operating profit of EUR 0,5 Mio. (-82 per cent compared to the first half of the previous year) with an operating EBIT margin of around 2 per cent
• Core market Germany: sales of EUR 23,8 Mio. (-18 per cent compared to the first half of the previous year) with an EBIT margin of 6 per cent
• Segment United Kingdom and USA: sales of EUR 2,8 Mio. (+13 per cent compared to the first half of the previous year) with an EBIT margin of 2 per cent
• Segment Poland: sales of EUR 3,0 Mio. (-19 per cent compared to the first half of the previous year) with an EBIT margin of 0 Prozent
• Consolidated net profit of EUR 0,2 Mio., earnings per share of EUR 0.02
• Outlook for 2025: Revenue decline of around 14 Prozent with an EBIT margin of rund 3 Prozent

SYZYGY AG generated revenues of EUR 29 million in the first half of 2025.This corresponds to a decline of 16 per cent compared to the same period of the previous year. The operating result (EBIT) amounted to EUR 0.5 million, which is 82 per cent below the previous year’s figure, resulting in an EBIT margin of around 2 per cent (previous year: 8 per cent).

The main reasons for the decline were the investment restraint shown by several existing clients in the consulting and performance marketing business, as well as a weaker performance by the subsidiary Ars Thanea, whose U.S. business was affected by economic uncertainty. While a slight recovery in the U.S. became visible in the second quarter, the original annual plan remains out of reach.

In the core market of Germany, sales amounted to EUR 23.8 million (‑18 per cent compared to the previous year), with an EBIT margin of 6 per cent. Particularly positive is the continued development of the core areas Digital Experience and IT Services, which are progressing according to plan and securing recurring revenues. Germany contributes around 80 per cent to the Group’s total sales.

As expected, sales in the UK and the USA increased by 13 per cent in the first half of the year to EUR 2.8 million, with an EBIT margin of 2 per cent. In the segment Poland sales fell by 19 per cent compared to the same period of the previous year to EUR 3.0 million, with an EBIT margin of 0 per cent.

SYZYGY Group expects a revenue decline of around 14 percent for the 2025 financial year, with an EBIT margin of approximately 3 percent.

The full interim report as at June 30, 2025 (in German language) will be published on July 30, 2025 at investors.