On 24 June 2025, Mediterranean Investments Holding p.l.c. (the “Group” or “MIH”) announced the publication of an updated Financial Analysis Summary. The report outlines the Group's financial performance for the period from FY2022 to FY2024, and also provides projections for the financial year ending 31 December 2025.

For FY2025, MIH is projecting a further improvement in operating performance, with revenues expected to increase to €33.16 million from €31.22 million in FY2024. EBITDA is forecast to rise to €22.61 million, compared to €21.84 million a year earlier. Similarly, net profit is anticipated to grow to €15.63 million, up from €13.46 million in FY2024.

Total assets are projected to remain broadly stable at €318.69 million, marginally higher than the €318.13 million reported as at the end of FY2024. Meanwhile, total equity is expected to increase to €221.18 million, reflecting the Group’s continued earnings generation and profit retention. MIH is forecasting a reduction in total debt to €49.60 million from €60.42 million in FY2024, with net debt expected to decline further to €33.22 million from €53.46 million.

As a result, the Group’s net gearing is projected to improve markedly to 13.06% from 20.10% in the prior year. The net debt-to-EBITDA multiple is anticipated to decrease to 1.47 times, compared to 2.45 times in FY2024, reflecting both stronger EBITDA and reduced debt levels. Similarly, the debt-to-assets ratio is forecast to ease to 0.15 times from 0.25 times a year earlier. Interest cover is expected to strengthen further, improving from 5.81 times in FY2024 to 8.04 times in FY2025.

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Financial Analysis Summary dated 24 June 2025