Baltic Classifieds Group PLC

Latest Results (11.10.2025):

Baltic Classifieds Group PLC reported strong full-year results for the year ended 30 April 2025, demonstrating robust revenue and profit growth. The company continued to solidify its leadership position in the Baltic online classifieds market, supported by strategic acquisitions and enhancements to its product offerings. Despite macroeconomic challenges, Baltic Classifieds achieved significant improvements in key financial metrics and maintained a positive outlook for future growth.

Revenue Growth

Group revenue increased by 15% to €82.8 million in 2025 compared to €72.1 million in 2024. Core classifieds revenue streams from B2C and C2C segments, which together make up 90% of total revenue, grew by 17% and 13% respectively.

EBITDA and Profit Expansion

EBITDA rose by 17% to €64.4 million, with the EBITDA margin improving by 1 percentage point to 78%. Operating profit surged by 40% to €53.5 million, up from €38.3 million the previous year.

Earnings Per Share Improvement

Adjusted basic EPS increased by 23% to €11.3 cents, while basic EPS saw a 42% rise to €9.3 cents. Profit for the year grew by 40% to €44.8 million, reflecting strong underlying performance.

Cash Flow and Debt Reduction

Cash generated from operating activities grew by 13% to €66.8 million, maintaining a cash conversion rate of 99%. The company voluntarily repaid €25 million of debt, reducing the gross loan balance to €25.0 million and lowering net debt to €3.6 million.

Shareholder Returns

Baltic Classifieds returned €29.4 million to shareholders through dividends and share buybacks. The Board proposed a final dividend of 2.6 € cents per share, a 24% increase from the previous year, bringing the total dividends for the year to 3.8 € cents per share.

Strategic Acquisitions and Operational Enhancements

The acquisition of Untu.lt enhanced BCG’s data-driven services in the real estate market. Additionally, the company introduced several product improvements across its platforms, driving higher engagement and transparency for users.

Outlook

Baltic Classifieds expects to sustain revenue growth in the upcoming year, with the second half anticipated to perform more strongly than the first. The company remains confident in its growth prospects, supported by a favorable macroeconomic environment and continued strategic investments.