The Platform Group AG: Nine-month period 2025 with significant growth and increase in profitability, forecast confirmed
 

• Number of active customers rises by 48.9% to 6.7 million (9M 2024: 4.5 million) – Average shopping basket up to EUR 125 (9M 2024: EUR 121)
• GMV grows by 48.8% to EUR 902.1 million (9M 2024: EUR 608.4 million)
• Net sales increase by 43.2% to EUR 531.6 million (9M 2024: EUR 371.2 million)
• Organic revenue growth of 26.3% (9M 2024: 18.4%) served as a major driver of the Company’s strong business performance
• EBITDA (adjusted) increases by 86.2% to EUR 45.8 million (9M 2024: EUR 24.6 million)
• EBITDA (reported) grows by 49.2% to EUR 59.4 million (9M 2024: EUR 39.8 million)
• Consolidated net profit increases significantly by 63.5% to EUR 41.7m (9M 2024: EUR 25.5m)
• Earnings per share of EUR 2.03 (9M 2024: EUR 1.26)
• Strong start to the fourth quarter with a significant increase in customer and revenue figures, as well as an improvement in profitability
• Forecast for the 2025 financial year confirmed: GMV of at least EUR 1.3 billion, net sales between EUR 715 million and EUR 735 million and adjusted EBITDA between EUR 54 million and EUR 58 million

Düsseldorf, 6 November 2025. The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, has recorded a successful business development in the first nine months of 2025. TPG achieved a gross merchandise volume (GMV, continuing operations) of EUR 902.1 million (9M 2024: EUR 608.4 million) and generated revenue of EUR 531.6 million (9M 2024: EUR 371.2 million). A particular highlight in this challenging market environment is the organic growth of 26.2%, which once again underscores the strength and effectiveness of our software-based platform model across 28 industries.

This growth was driven by the increase in the number of connected partners to 15,931 (9M 2024: 12,981) and the successful expansion of platform and software solutions to 28 sectors. In the nine-month period of 2025, eleven acquisitions/signings were completed to strengthen the Company’s position particularly in the Consumer Goods and Optics & Hearings segments and to enter the newly established Pharma & Services Goods segment. Of these, eight acquisitions had already been closed and included in the consolidation as of 30 September 2025. In line with the growth in GMV and revenue, the number of active customers also increased to over 6.7 million (9M 2024: 4.5 million), with an order volume of 7.6 million (9M 2024: 5.1 million). In addition, our average order value increased to EUR 125 (9M 2024: EUR 121).

Under the comprehensive cost and efficiency program implemented since 2023, profitability was significantly increased: Adjusted EBITDA rose to EUR 45.8 million in the first nine months of 2025 (9M 2024: EUR 24.6 million), which corresponds to an increase of 86.2% compared to the same period of the previous year. Reported EBITDA (continuing operations) reached EUR 59.4 million (9M 2024: EUR 39.8 million), while consolidated net profit (continuing operations) amounted to EUR 41.7 million (9M 2024: EUR 25.5 million). This corresponds to earnings per share of EUR 2.03 (9M 2024: EUR 1.26 per share), which represents an increase of 61.1%.

Dr. Dominik Benner, CEO of The Platform Group AG: “Our revenue increased by 43%, the majority of which was driven by the organic growth of our platforms. At the same time, we were able to significantly improve profitability – with EUR 45.8 million in EBITDA, this was the most successful nine-month period in the Group’s history. Our focus is on profitable, organic growth – we have further increased the number of our merchants and strengthened our position in existing industries. The strengthening of our market position across various sectors will, in the long term, enhance the resilience and attractiveness of our financial profile and further increase our strategic flexibility. Given the already positive developments visible in Q4, we are optimistic about achieving our targets for the full year. We aim to reach our communicated goals for 2026 of more than 18,000 partners, an EBITDA of at least EUR 70 million, and revenue exceeding EUR 1.0 billion.”

Bjoern Minnier, CFO of The Platform Group AG: ”Our financial figures this year demonstrate the Group’s strong performance, supported by the positive development of cash flow and our conservative financing structure. For the coming year, we are planning a leverage ratio of 1.5–2.3x EBITDA and are well on track to achieve this target. We were also able to significantly expand our cash flow during the nine-month period. Strategically, we are consistently focusing on our key pillars: international expansion, the continued growth of our dealer network, and the strengthening of our segments – both organically and through targeted acquisitions.”

Forecast 2025 and 2026
In view of the successful business performance during the first nine months of 2025, the acquisitions completed so far in 2025, the strong organic growth, and the increased number of partners, the Management Board of The Platform Group AG confirms the already raised forecast for the 2025 financial year.

The Group’s medium-term planning, which covers the 2026 financial year, was also adjusted and raised as of October 2025, taking into account the earnings contributions from the acquisitions completed to date as well as the Group’s organic growth. The Management Board of The Platform Group AG expects to achieve a gross merchandise volume (GMV) of EUR 1.7 billion, revenue of at least EUR 1.0 billion, and an adjusted EBITDA in the range of EUR 70 million to EUR 80 million for the 2026 financial year.

Webcast/Conference Call
CEO Dr. Dominik Benner and CFO Bjoern Minnier will explain the unaudited results for the first nine months of 2025 in a webcast presentation today, 6 November 2025, at 10.00 CET. The presentation will be held in English.

Please register at: The Platform Group - Earnings Call on the publication of the quarterly statement Q3 2025.

The Platform Group AG:
The Platform Group AG is a software company that is active in 28 industries with its own platform solutions. Its customers include both B2B and B2C customers in sectors such as furniture retail, machinery retail, dental technology, car platforms and luxury fashion. The Group has 19 locations across Europe and is headquartered in Düsseldorf. In 2024, sales of EUR 525 million was realized with an operating result (EBITDA adjusted) of EUR 33 million.

Contact:

Investor Relations
Nathalie Richert, Head of Investor Relations
ir@the-platform-group.com
Schloss Elbroich | Am Falder 4 | 40589 Düsseldorf | Deutschland
corporate.the-platform-group.com