Elumeo SE Achieves Profitability Amid Cost-Cutting Strategies

elumeo SE has marked a return to profitability in Q2 2025, with an adjusted EBITDA of EUR 73,000. This follows a significant loss of EUR 551,000 in the first quarter. The improvement results from a comprehensive cost and efficiency program launched on April 1, 2025.

Despite challenging conditions, the company's revenues decreased as expected to EUR 9.2 million from EUR 11.2 million in Q2 2024. Measures such as reducing broadcasting hours and focusing on higher-priced jewelry have been pivotal. AI-generated broadcasts, contributing 9% growth, have supported this recovery.

Looking forward, elumeo SE maintains its full-year forecast of a 10%-15% revenue decline. Additionally, CFO Dr. Riad Nourallah will step down, with Marc Münch taking the interim role. The company remains focused on a long-term growth strategy, aiming for EUR 100 million in core business revenue by 2033.