elumeo SE

Latest Results (07.11.2025):

elumeo SE's Q3/2025 earnings report shows that the company's cost and efficiency program, initiated in April 2025, is starting to deliver tangible improvements. The report highlights a mix of modest adjusted EBITDA performance alongside significant cost reductions, an improved gross margin, and a strategic shift towards higher-value jewelry, supported by innovative AI-driven international broadcasting efforts.

Restructuring Impact

The cost and efficiency program has kept elumeo SE profitable on a six‐month basis, with adjusted EBITDA showing moderate declines in Q3/2025 but remaining in line with management expectations. Significant personnel adjustments and reductions in live broadcasting hours underline the restructuring efforts underway.

Revenue and Margin Performance

Revenue in Q3/2025 was EUR 9.4 million, an 11.0% decrease from Q3/2024, while the gross profit margin improved from 46.6% to 47.5%, indicating better profitability on the products sold.

Cost Reductions

Sales and administrative expenses, after adjusting for restructuring costs, dropped by 13% to EUR 4.7 million compared to Q3/2024, demonstrating the effectiveness of the cost-cutting measures implemented.

Enhanced Product Strategy

The shift towards higher-value jewelry items has paid off, with average revenue per purchase increasing by 46.2% (from EUR 78 to EUR 114) and gross profit per unit rising by 40.3% (from EUR 37 to EUR 52) in Q3/2025 compared to the previous year.

AI-Driven Growth

AI-generated international broadcast windows contributed significantly to revenue growth, with revenue from this segment rising by 23% to EUR 223 thousand, reinforcing the role of digital innovation in elumeo SE's strategy.

Forward Guidance

Looking ahead, elumeo SE has confirmed its forecast for 2025, anticipating a revenue decline between 10% and 15%, a gross profit margin between 47% and 49%, and an adjusted EBITDA range of EUR -0.5 million to EUR 0.1 million.