‘s-Hertogenbosch, 2 September 2025 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today issues the updated first half release including the independent auditor’s review report, consisting of the half-year report and the consolidated interim financial statement for H1 2025.
The content of this updated half-year report, including the independent auditor’s review report, is materially identical to the half-year report published on 25 July 2025. At the time of that publication, it was announced that Ctac would have a review carried out on the half-year report. This review has been completed and is included in the Dutch version of the updated half-year report. The review did not lead to any quantitative adjustments to the half-year report that was published on 25 July 2025, with the exception of a limited adjustment of the solvency ratio and the pass-through in the cash flow (see page 8 and page 14). The explanatory notes have also been updated on a limited number of points.
Given that there is no obligation to publish an independent auditor’s review report for the translated version of the half-year report, the independent auditor’s review report has only been included in the Dutch version of our half-year report
Highlights first half of 2025
- Revenue rises to € 62.8 million driven by higher revenue from Cloud services
- EBITDA rises by 7.0% to € 4.6 million compared with H1 2024
- Net profit of € 1.4 million
- Operating cash flow comes in at a negative € 9.0 million and the net cash position stands at a negative € 3.4 million
Highlights second quarter of 2025
- Revenue comes in at € 31.3 million, the same as in Q2 2024
- EBITDA falls slightly compared with Q2 2024, down 4.2% at € 2.3 million
- Net profit comes in at € 0.7 million
Outlook for full-year 2025
- Ctac reiterates its outlook for 2025, with a focus on improving profitability
