IEVA Group Reports Fifth Financial Year Results

IEVA Group has released its financial results for the fiscal year ending December 31, 2025. The group reported a revenue increase of 32% to €25.6 million compared to 2024, largely attributed to the acquisition of My Little Paris. This acquisition significantly boosted subscription revenues, which now account for 28% of total revenue.

The adjusted EBITDA for 2025 was -€2.0 million, with a pro forma basis showing -€1.5 million. Despite these figures, IEVA remains optimistic about future growth. The company projects a positive EBITDA by the end of 2026 and aims to double revenue by the close of 2028.

IEVA's gross cash position was €10.8 million as of the end of 2025, bolstered by funds from their March 2026 IPO. Recurring revenues now drive the business model, comprising 58% of the pro forma revenue. Challenges remain with notable declines in services and royalties due to market conditions.