Groupe OKWIND, a French company specializing in energy generation and management systems, has released its financial results for the first half of 2025, revealing a sharp decline in revenue compared to the same period last year. The company’s reported revenue for the first six months of 2025 stood at €13.4 million, representing a staggering 57% decrease from €31.4 million in the first half of 2024. This downturn is attributed to a sluggish market environment that has significantly impacted business activity across both its Business to Business (BtoB) and Business to Consumer (BtoC) segments.
Financial Performance Overview
The company’s revenue breakdown indicates that the BtoB segment accounted for the majority, generating €11.7 million—a 58% drop from the previous year. Meanwhile, the BtoC segment saw a 53% reduction, bringing in €1.8 million. The overall decline in revenue has also affected the company’s profitability, with an EBITDA loss of €(6.9) million reported, contrasting sharply with an EBITDA of €1.2 million in the same period last year. Furthermore, cumulative orders reached €15.1 million as of September 30, 2025, reflecting the challenging business environment.
In an effort to address these financial challenges, Louis Maurice, the company’s Founder and Chairman, stated that Groupe OKWIND is undergoing a significant transformation designed to realign the company towards sustainable growth. He emphasized the importance of the self-consumption energy model that the company has championed, especially as government subsidies for electricity generation are gradually being phased out.
Strategic Restructuring Initiatives
To navigate the current market conditions, Groupe OKWIND has initiated a restructuring project, which includes discontinuing plans for a new plant in Etrelles. The focus will shift towards enhancing their product offerings by emphasizing high-value solutions and expanding distribution channels, including a new indirect sales model. The company aims to lower its breakeven point and restore revenue growth through these strategic efforts.
The latest figures reflect a continued decline in third-quarter revenue, which totaled €4.7 million, leading to a cumulative revenue of €18.2 million for the first nine months of 2025, compared to €46.1 million in the prior year. The company’s cash position has also decreased, now totaling €8.0 million.
In June 2025, Groupe OKWIND launched AutonoMEA, a self-consumption solution aimed at achieving up to 80% energy independence. This innovative product was well received at the SPACE 2025 exhibition, signaling a potential pivot point for the company as they seek to appeal to a broader range of customers, including those in agriculture.
Future Outlook
As Groupe OKWIND navigates these tumultuous times, the company is committed to transforming its business model to adapt to the rapidly changing energy market. The half-year financial statements, which were approved by the Board of Directors, will be made available on the company’s Investor Relations website by October 31, 2025. With strategic changes underway, Groupe OKWIND hopes to reinforce its position within the energy sector and return to a path of growth.
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