UPERGY: Net Result of -€1.64M in 2025 Despite Nearly Stable Revenue
UPERGY, a major player in energy solutions and battery distribution, has published its 2025 results marked by a generally stable activity, but with a significant deterioration in net income. Revenue amounted to €42.63 million, a slight decrease of 0.6% compared to 2024. On a like-for-like basis, including the divestment of six stores on September 1, 2025, the decline stands at 0.4%. In a challenging economic environment, particularly in France and the UK, the group has maintained a generally stable level of activity.
Financial Performance Details
Gross margin fell by €814,000, mainly due to a negative stock variation of €1.04 million. Operating income was -€722,000, compared to +€536,000 a year earlier. Adjusted for items that would previously have been classified as exceptional, it stands at +€291,000, down 27% year-on-year. The second half showed progressive improvement, with operating income of -€316,000, compared to -€407,000 in the first half, and +€683,000 excluding exceptional items.
Consolidated Net Result and Financial Health
The consolidated net result stands at -€1.64 million, compared to +€89,000 in 2024, including €1.838 million in non-recurring expenses. The financial result deteriorated by €657,000, particularly affected by €350,000 in penalties on forward exchange contracts and €182,000 in cashless exchange losses. Financially, cash flow increased by €130,000, financial debt decreased by €1.2 million, and the gearing ratio improved to 32%, from 34% in 2024. UPERGY thus approaches 2026 with the goal of a sustainable return to profitability.
