Brockhaus Technologies AG

BKHT

Equity

ISIN DE000A2GSU42 / Valor 39702870

Xetra (2025-12-19)

EUR 10.30-2.83%

Brockhaus Technologies AG
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Brockhaus Technologies AG is a company that operates in the technology sector, with a focus on providing innovative solutions for businesses. One of its key subsidiaries, Bikeleasing, offers a platform that allows corporate customers in the German SME sector to manage company bike leasing contracts for their employees in a highly automated and digital manner. Another subsidiary, IHSE, is a global technology leader in KVM solutions for extending and controlling computer signals, with a strong emphasis on quality, security, usability, and modularity in its products. Founded in 2015, Brockhaus Technologies AG employs around 130 people across multiple sites in Germany and Austria, showcasing its commitment to delivering cutting-edge technology solutions to its customers.

Summarized from source with an LLMView SourceSector: Finance

Overall Performance

The company achieved Q1 2025 revenue of €42.4 million with organic growth from Q1 2024, although the overall adjusted EBITDA declined to €2.4 million, corresponding to a margin of 5.6%. These results underscore the mixed impact of market dynamics and sector-specific challenges.

HR Benefit & Mobility Platform Segment

This segment reported an increase in revenue by 10.9% to €35.9 million compared to Q1 2024, driven primarily by a significant boost in revenue from the resale of bikes. However, the number of newly brokered bikes fell by 20%, and adjusted EBITDA dropped to €3.4 million (9.4% margin) from €12.0 million (37.2% margin) due to higher operating expenses and lower profit margins from resale activities.

Security Technologies Segment

In Q1 2025, the Security Technologies segment saw a revenue decline of 10.6% to €6.5 million. The adjusted EBITDA for the segment decreased to €314 thousand, with a margin of 4.8%, primarily due to lower revenue levels combined with fixed personnel and operating costs.

Forward-Looking Remarks

Brockhaus Technologies AG is addressing challenges including the implementation costs associated with the long-term growth strategy in its HR Benefit & Mobility Platform segment. The company is also working closely with its auditor, KPMG, to complete outstanding audit procedures to finalize the annual and consolidated financial statements, with a new publication date to be announced soon.

Summarized from source with an LLMView Source

Key figures

-57.3%1Y

-55.2%3Y

-66.6%5Y

Performance

44.9%1Y

40.1%3Y

41.8%5Y

Volatility