on MINT (EPA:ALMIN)
Mint: 2024 financial results and 2025 outlook
Mint has released its 2024 revenue and annual results. Revenue reached €72.2 million, down from €86.9 million in 2023, primarily due to lower energy resales. However, revenue from current operations increased by 36% to €66.7 million. Mint strengthened its customer base, surpassing 85,000 meters by the end of the year.
In B2C, electricity generated €54.7 million, an increase of 27%. The B2B segment delivered 17 GWh, generating €3 million, compared to €0.4 million in 2023. EBITDA amounted to €5.6 million, marking a significant improvement compared to -€2.4 million in 2023 on a comparable basis.
Looking ahead to 2025, Mint is targeting 100,000 B2C meters and is developing flexible offerings for major B2B accounts. An exceptional provision of €6 million was recorded in 2024, impacting net income by €0.4 million. Mint remains confident thanks to its strong operational performance.
R. E.
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