Overview
Germany bike e-commerce platform's Q4 revenue grew 35.5% yr/yr; full-year up 27.7%
Adjusted EBITDA for fiscal 2025 rose 172.7%, driven by improved cost structure and efficiency
Company surpassed one million active customers and extended syndicated loan agreement to 2028
Outlook
Bike24 expects 2026 revenue of EUR 318 mln to EUR 332 mln
Company forecasts 2026 adjusted EBITDA between EUR 16 mln and EUR 20 mln
Company sees continued profitable growth driven by strategic initiatives and market expansion
Result Drivers
REVENUE GROWTH - Co said strong revenue performance in H2 was a main driver of improved results
COST STRUCTURE & EFFICIENCY - Improved cost structure and efficiency measures contributed to higher profitability
INVENTORY MANAGEMENT - Disciplined purchasing and reduced excess stock improved inventory-to-sales ratio and working capital
Company press release: ID:nEQ4nsMXma
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
EUR 68.20 mln
Q4 Adjusted EBITDA
EUR 3.56 mln
Q4 Adjusted EBIT
EUR 1.57 mln
Q4 Adjusted EBITDA Margin
5.20%
Q4 Gross Profit
EUR 19.16 mln
Q4 Pretax Profit
EUR 1.24 mln
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy."
Wall Street's median 12-month price target for Bike24 Holding AG is €3.95, about 34.8% above its March 25 closing price of €2.93
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 32 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)