Income Statement

Taaleri's revenue growth in the last quarter was moderate, increasing by 2.7% year-over-year, which is a relatively stable performance considering the current market conditions. The company's diversified business segments, including Private Asset Management and Garantia, have shown resilience in the face of market fluctuations, with Garantia's insurance revenue experiencing a slight decline of 2.2% in the second quarter. However, the segment's investment operations delivered an excellent result, contributing to the overall revenue growth. Looking ahead, Taaleri's revenue is expected to be driven by the continued growth of its Private Asset Management segment, as well as the increasing demand for sustainable energy solutions, which is expected to benefit Garantia's investment operations. Overall, Taaleri's revenue performance in the last quarter reflects the company's ability to navigate the complexities of the market and adapt to changing conditions.

The realised revenue for Q2 2026 is 13.6 million Euros and the predicted revenue for Q2 2027 (e) is 16.3 million Euros. The revenue is expected to increase by 2.7 million Euros, which is a 20% change from the realised value. The revenue is expected to increase by 3.5 million Euros from 2025 to 2026, which is a 5.5% change. From 2026 to 2027, the revenue is expected to decrease by 4.5 million Euros, which is a 6.7% change. The annual revenue values are 63.7 million Euros in 2025, 67.2 million Euros in 2026, and 62.7 million Euros in 2027.

Taaleri's EBIT profitability has demonstrated a mixed trend, with fluctuations in certain segments. The Private Asset Management segment has experienced a decline in profitability, primarily due to a significant reversal of performance fees related to the Taaleri SolarWind I Fund. Conversely, the Garantia segment has shown a notable increase in profitability, driven by a decrease in insurance service expenses. The Investments segment has also seen a significant improvement in profitability, largely attributed to the recovery in equity markets following a decline earlier in the year. Overall, Taaleri's EBIT profitability is influenced by the performance of its various segments, with some experiencing growth while others face challenges.

The realised Ebit for Q2 2026 is 4.5 million Euros, while the predicted Ebit for Q2 2027 (e) is 6.0 million Euros. The expected change in Ebit from Q2 2026 to Q2 2027 (e) is 1.5 million Euros, which represents a 33.3% increase. The expected change in Ebit from 2025 to 2026 is 3.5 million Euros, representing a 13.2% increase. From 2026 to 2027, the expected change is a decrease of 4 million Euros, or a 13.6% drop. The annual Ebit values are 26 million Euros in 2025, 29.5 million Euros in 2026, and 25.5 million Euros in 2027.

The realised profit before tax in Q2 2026 is 4.3 million Euros, and the predicted profit before tax in Q2 2027 (e) is 6.0 million Euros. The expected change in profit before tax from Q2 2026 to Q2 2027 (e) is an increase of 1.7 million Euros, which represents a 39.5% increase. The change in Profit before tax from 2025 to 2026 is 3.5 million Euros, which is a 13.8% increase. From 2026 to 2027, the change is a decrease of 3.7 million Euros, which is a 12.7% drop. The annual values for Profit before tax are 25.7 million Euros in 2025, 29.2 million Euros in 2026, and 25.5 million Euros in 2027.

The realised profit for Q2 2026 is 2.8 million Euros, and the predicted profit for Q2 2027 (e) is 4.8 million Euros. The expected change in profit from Q2 2026 to Q2 2027 (e) is 2 million Euros, which represents a 71.4% increase. The profit is expected to increase by 2.8 million Euros from 2025 to 2026, which is a 13.7% change. From 2026 to 2027, the profit is expected to decrease by 2.2 million Euros, a 9.8% change. The annual profit values are 20.8 million Euros in 2025, 22.6 million Euros in 2026, and 20.4 million Euros in 2027.