# Egide Group Halves First-Half Net Loss to €0.87 Million as Core Operations Turn Profitable

- URL: https://stocks.freetheai.org/news/egide-group-halves-first-half-net-loss-to-0-87-million-as-core-operations-turn-0ef61d
- Published: 2026-10-19T06:00:00Z
- Category: earnings; sentiment: mixed; impact: medium
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Egide Group reported an unaudited net loss of €0.87 million for the first half of 2026, cutting its net loss by more than half compared to €2.04 million in the same period last year. Revenue reached €15.20 million, down 2.4% year-over-year. The company reduced its net financial debt to €4.99 million as of June 30, 2026, down from €5.41 million at the end of 2025.

The operational improvement reflects progress in core business activities following the exit from Santier. Excluding the discontinued unit, core operations generated a net profit of €0.77 million. Performance varied by region, as the French business unit, Egide SA, recorded an EBITDA of €2.05 million to drive the group's recovery. Conversely, product delays in the United States weighed on profitability, causing Egide USA to post an EBITDA loss of €0.82 million.

Moving into the second half of the year, key factors to monitor include the conversion of Egide USA's backlog, progress on Cambridge product qualifications, and any ongoing effects stemming from an October cyberattack.

## Key points

- Egide Group narrowed its H1 2026 net loss to €0.87M from €2.04M a year earlier.
- H1 revenue fell 2.4% to €15.20M, while net debt decreased to €4.99M from €5.41M at year-end 2025.
- Core operations excluding Santier achieved a net profit of €0.77M.
- Egide SA delivered EBITDA of €2.05M, offsetting an EBITDA loss of €0.82M at Egide USA.

## Questions and answers

### What were Egide Group's H1 2026 financial results?

Egide Group reported a net loss of €0.87 million on revenue of €15.20 million for the first half of 2026, improving from a €2.04 million net loss a year earlier.

### How much debt does Egide Group have?

As of June 30, 2026, Egide Group had net financial debt of €4.99 million, down from €5.41 million on December 31, 2025.

### Why did Egide USA post an EBITDA loss in H1 2026?

Egide USA recorded an EBITDA loss of €0.82 million due to product delays that negatively impacted U.S. profitability during the first half of 2026.