BRIEF

on EvoNext Holdings SA (ETR:EVE)

EvoNext Releases Ascend Sport Technology's Financials Ahead of Merger

EvoNext Holdings SA announced the availability of Ascend Sport Technology AG's unaudited consolidated financial statements for the fiscal year 2025/26. The release is a part of the preparations for their upcoming merger. Key financial figures reveal a rise in net revenues to CHF 43.8 million, compared to CHF 37.3 million in 2024/25. EBITDA increased from CHF 18.9 million to CHF 25.0 million.

The merger agreement, signed on November 1, 2026, anticipates Ascend becoming a publicly listed entity through its merger into EvoNext. Ascend's total equity grew to CHF 76.0 million from the previous year's CHF 66.8 million. Net profit also showed significant increase, reaching CHF 8.7 million from CHF 5.3 million. Final approval from both companies' shareholders is pending.

R. H.

Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all EvoNext Holdings SA news