Prologue: Positive pro forma net result in H1 2025

Prologue, an international technology player, reports a pro forma net profit of €12.7 million in the first half of 2025. Net cash amounted to €9.2 million as of June 30, 2025, reflecting a notable improvement compared to the previous year.

Pro forma revenue reached €24.3 million, up 6.2%. Business in Spain, representing 87.7% of the total, saw organic growth of 10.1%. In contrast, France experienced a decline amid a challenging economic climate.

Pro forma EBITDA increased by 8%, driven by higher depreciation charges. A capital gain of €12.6 million contributed to the strong financial results. Despite a negative exceptional item, the group demonstrates good profitability prospects, particularly in Spain and Latin America.