Brockhaus Technologies AG (BKHT) Earnings Call Transcripts

Brockhaus Technologies AG's Latest Earnings Call - March 26, 2026

In the fiscal year 2025, Brockhaus Technologies AG reported a revenue of EUR 225 million, reflecting a 10% organic growth year-over-year. However, adjusted EBITDA was EUR 46 million, leading to a margin of 21%, which was impacted by higher costs and a shift in revenue mix. Management provided guidance for fiscal year 2026, projecting revenue between EUR 30 million and EUR 32 million and adjusted EBITDA ranging from EUR 0 million to EUR 2 million, indicating a cautious outlook amidst ongoing strategic evaluations following the sale of their stake in Bikeleasing.

Reported metrics

Guidance from management

Management expects revenue for fiscal year 2026 to be between EUR 30 million and EUR 32 million, with adjusted EBITDA projected to range from EUR 0 million to EUR 2 million, indicating a cautious outlook due to ongoing strategic evaluations.

What management said

This is Yannick from the Finance department. Covering your first question regarding the forecast. So the main reasons why we didn't reach EBITDA because revenue was reached on 2 main topics. First one is the resale of bikes, which was lower than expected for Q4. This was not planned. And the second one are higher consulting services in Q4 in the whole group. So these are the 2 main topics, which were not in forecast ...

Maybe on the timing of that, I mean, you need to do, let's say, an inventory analysis, et cetera, and you can only do that in hindsight, right? So we -- the result of the resale business in Q4 is, of course, something that we only get quite late in the process. So that's why there is some, let's say, uncertainty always towards the end of the year.

What analysts pressed on

Analysts expressed disappointment over the failure to meet full-year guidance, particularly regarding the lower-than-expected results from bike resales. Concerns were raised about the timing of operational adjustments and the impact of macroeconomic trends on revenue recovery.

Main topics on the call

• Revenue Growth — Brockhaus Technologies achieved a 10% organic revenue growth to EUR 225 million in fiscal year 2025. Management stated, "Even in a continued challenging macroeconomic environment, we performed well in 2025."
• Adjusted EBITDA Decline — Adjusted EBITDA for the year was EUR 46 million, with a margin of 21%. This was attributed to higher personnel and operating expenses, as well as a lower gross profit margin due to increased material costs from bike resa...
• Strategic Review Post-Bikeleasing Sale — The company is evaluating strategic options for the EUR 240 million cash inflow from the Bikeleasing stake sale, including potential dividends or share buybacks. Management emphasized, "We are carefully assessing all str...
• 2026 Guidance — Management expects revenue for fiscal year 2026 to be between EUR 30 million and EUR 32 million, indicating organic growth of 0% to 5%. Adjusted EBITDA is projected to range from EUR 0 million to EUR 2 million, reflectin...

Read the full Brockhaus Technologies AG transcript (March 26, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 9 Brockhaus Technologies AG earnings call transcripts on record, spanning March 28, 2024 to May 18, 2026. Based on this history, Brockhaus Technologies AG reports quarterly. The most recent call on file is dated May 18, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BKHT

Exchange

XTRA

Country

DE

Sector

Information Technology

Industry

Electronic Equipment, Instruments and Components

Calls on record

9

First call

March 28, 2024

Most recent

May 18, 2026

Reporting cadence

quarterly