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Tractial Halves the Nominal Value of Its Ordinary Shares

Tractial, formerly known as BD Multimedia, announces a split of the nominal value of its shares by half, effective from December 17, 2025, on Euronext Growth Paris.


Tractial Halves the Nominal Value of Its Ordinary Shares

Shareholder Approval and Administrative Validation

According to Tractial's press release, the extraordinary general meeting of shareholders held on September 26, 2025, approved the halving of the nominal value of its shares from €2.00 to €1.00 per share. This operation, validated by the board of directors on December 9, 2025, does not affect the company's share capital, which remains at €5,267,336 but is now represented by 5,267,336 shares with a nominal value of €1.00 each. The number of shares in circulation will thus increase from 2,633,668 to 5,267,336, without any change in the rights attached to the shares.

Effective Date and Trading Details

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According to the company, the division of the nominal value of the shares will be effective as of December 17, 2025, subject to confirmation from Euronext Paris. From this date, the shares will be traded with their new nominal value on Euronext Growth Paris. The current shares will continue to be traded until the eve of this date, after which they will be automatically replaced in the shareholders' accounts by the new shares, without any costs or formalities for the shareholders. The delivery of the new shares is scheduled to start on December 18, 2025.

Company Profile and Strategic Focus

Tractial, listed on Euronext Growth Paris under the ticker 'ALTRA', is recognized for its expertise in fintech infrastructure and digital assets. In 2025, it adopted the BTC Treasury Company model, allocating a portion of its treasury to Bitcoin. Founded as a payment institution in France, Tractial is also a licensed digital asset service provider. In addition to its fintech activities, it develops various innovative projects through its subsidiaries, including solutions in the NFT and blockchain domains.

Related




Assurance vie

Context

Period
  • Period: S1 2025
Guidance from the release
  • Ce premier semestre consacre la réussite de notre virage fintech. Notre croissance s’accélère, nos partenaires se multiplient et notre stratégie Bitcoin s’installe dans la durée. TRACTIAL démontre qu’un modèle régulé, indépendant et ambitieux peut conjuguer innovation et solidité.
  • S1 2025 : chiffre d'affaires consolidé 2,43 M€ (+162 %), activité paiement 2,10 M€ (+470 %), résultat net 82 K€, trésorerie consolidée comprenant 26,72 BTC au 10/10/2025. Croissance portée par la plateforme Payment.net et partenariats européens; objectif de rentabilité forte en 2026.
Risks mentioned
  • Exposition au Bitcoin (26,72 BTC) et risques liés à la volatilité des actifs numériques
  • Dépendance à la montée en charge des partenariats pour soutenir la croissance
  • Rentabilité actuellement limitée (résultat net modeste) nécessitant la réalisation des effets de levier attendus
  • Besoins potentiels de financement futur si la croissance nécessite des levées ciblées
Opportunities identified
  • Accélération de l'adoption de Payment.net et du modèle Fintech-as-a-Service (FaaS)
  • Multiplication des partenariats stratégiques en Europe et à l'international
  • Valorisation potentielle de la trésorerie en Bitcoin comme moteur de création de valeur
  • Position réglementée (Établissement de Paiement, PSAN) favorisant la confiance des partenaires
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