DOMIKI KRITIS S.A., in accordance with the Athens Stock Exchange Regulations, announces its key financial results for the fiscal year ended December 31, 2025.
Overview of Results
The Company recorded a strong 15.7% increase in revenue, which amounted to €18.03 million compared to €15.58 million in 2024. This increase is attributed to the undertaking of new projects and the acceleration of the execution of existing contracts, resulting in a higher invoicing rate during the fiscal year.
Profitability
Operating profit (EBITDA) stood at €1.18 million compared to €1.58 million in 2024, showing a decrease, mainly due to the increased cost of materials. Earnings before taxes amounted to €0.40 million compared to €0.39 million in the previous fiscal year, remaining stable despite the decline in operating profitability. Profitability was supported by lower net financial costs and improved debt management. Net profit after tax stood at €0.30 million compared to €0.25 million in 2024.
Balance Sheet & Liquidity
The Company significantly strengthened its financial position during the fiscal year. Cash and cash equivalents increased to €4.26 million from €0.92 million in 2024, as a result of strong positive operating cash flows. Total debt decreased by €1.46 million, while net debt fell significantly to €1.10 million from €5.91 million in the previous fiscal year, demonstrating substantial deleveraging. Operating cash flows amounted to €5.15 million compared to negative cash flows of €0.37 million in 2024.
Backlog
The Company’s backlog of contracts increased to €62.2 million as of December 31, 2025, providing the potential for increased revenue in future fiscal years.
Capital Structure
The Company’s equity was further strengthened, reaching €13.84 million compared to €13.54 million in the previous fiscal year. The net debt-to-equity ratio declined significantly to 7.9% from 43.7%, reflecting the improvement in the Company’s capital structure and the strengthening of its financial flexibility.
Conclusion
The 2025 fiscal year is characterized by strong revenue growth, a significant improvement in cash flows, and substantial deleveraging, despite pressure on operating margins due to the cyclical increase in material costs. Management remains committed to improving operational efficiency and maintaining a strong financial position, leveraging the high backlog of contracts and aiming for a significant increase in it.