Twenty 4 Shopen, the convenience-store chain controlled by the Motor Oil group through Core Innovations, ended 2025 with revenue up 56%, but returned to losses of €1.49 million.
According to its published financial statements, revenue reached €29.91 million last year, an increase of 55.8%. Gross profit more than doubled to €5.49 million, while the gross margin rose to 18.4%, from 13.6%.
Over the same period, selling expenses nearly tripled to €5.40 million, while administrative expenses rose to €1.35 million, from €468,000. As a result, the company posted an operating loss of €1.33 million, compared with a profit of €280,000 in 2024. EBITDA also turned negative, at €707,000, from a positive result of €714,000, while net losses came to €1.49 million, compared with a profit of €117,000.
Twenty 4 Shopen’s growth was also supported by new capital. During the financial year, the company carried out a share capital increase of €1.55 million, taking shareholders’ equity to €2.05 million.
For Motor Oil, Twenty 4 Shopen is part of its expansion beyond traditional energy activities into convenience retail.
Expansion continued in 2026. In May, Twenty 4 Shopen signed an agreement to acquire seven stores in Attica, with the transfers completed by the time the financial statements were approved.
Management believes the additions will strengthen the chain’s presence and help improve profitability.