The revenues of Icecat NV (ISIN: NL0012751226) increased by 4% during the first quarter (Q1) of 2025 compared to the same period last year. The growth is somewhat slowing down, whereby global uncertainties because of the tariff war might play a role.
The gross profit increased over the same period by 4% as well. As the operating expenses increased by only 2%, the EBITDA could increase by 12%. The profits (EBT) increased by 16% for this period, driven by both the improved EBITDA and higher interest. The profitability (EBT/net turnover) improved slightly to 27% (from 26%). These earnings contribute to the already very solid cash position.
In conclusion, all key financial metrics of Icecat continued to show solid progress although we strife for higher growth levels.
Full Q1-2025 report (pdf)
Read further: Icecat
Founder and CEO of Icecat NV. Investor. Ph.D.
