1. Ellomay's Q3 2025 revenues grew slightly to €12.7 million. 2. Profit increased significantly to approximately €10.1 million in Q3 2025. 3. Strong EBITDA growth noted, reaching €22.1 million in Q3 2025. 4. Project expansions in Italy and USA expected to boost future revenues. 5. Tax credits received in September 2025 amounting to €10 million.
FAQ
Why Very Bullish?
Ellomay has demonstrated strong revenue and profit growth relative to the previous year, and expansion projects promise future earnings growth. Historical examples, like the positive market response after the announcement of solar installations, support this outlook.
How important is it?
Current strong financial results coupled with growth strategies suggest a high likelihood of a positive impact on ELLO's stock price. The developments highlight the company's potential in the renewable energy sector, which is attractive to investors.
Why Long Term?
The expansion of facilities and future revenue boosts are not immediate but expected in 2026, indicating a significant impact over the long term.
Ellomay Capital Reports Strong Financial Results for Q3 and Year-to-Date 2025
TEL-AVIV, Israel, Dec. 30, 2025 (GLOBE NEWSWIRE) — Ellomay Capital Ltd. (NYSE American; TASE: ELLO) has released its unaudited interim consolidated financial results for the three and nine month periods ending September 30, 2025. The Company, recognized as a significant player in renewable energy project development across Europe, Israel, and the USA, showcases robust growth in revenue and profitability during this timeframe.
Financial Highlights for Q3 2025
- Total Assets: Approximately €759.4 million, up from €677.3 million as of December 31, 2024.
- Revenue: €12.7 million for Q3 2025, representing an increase from €12.3 million in Q3 2024.
- Net Profit: Approximately €10.1 million for Q3 2025, compared to €6.6 million for Q3 2024.
- EBITDA: Approximately €22.1 million for Q3 2025, up from €11 million for Q3 2024.
Year-to-Date Financial Overview
Financial performance for the nine months ending September 30, 2025, indicates significant growth:
- Total Revenue: Approximately €32.9 million, an increase from €31.8 million year-over-year.
- Net Profit: Approximately €8.5 million, up from €3.3 million in 2024.
- EBITDA: Approximately €28.2 million, compared to €17.6 million for the prior year.
Key Drivers of Financial Growth
The increase in revenue is primarily attributed to new contributions from Ellomay's 19.8 MW and 18.1 MW Italian solar facilities, which were connected to the grid in early 2024 and January 2025, respectively. Additionally, newly operational solar facilities in the USA during the second quarter of 2025 further supported revenue growth.
However, lower revenues from Dutch biogas plants and reduced output from the Talasol facility due to prior fire damage partly offset these gains. Repairs have restored operations to nearly 97% capacity.
Operating Expenses and Other Financial Metrics
Operating expenses for the nine-month period were approximately €14.4 million, slightly down from €14.5 million in the previous year. This reduction was primarily due to lower feedstock acquisition costs, despite new operational expenses from the Italian solar facilities. Other key financial metrics include:
- General and Administrative Expenses: Increased to €5.2 million in 2025 from €4.7 million in 2024.
- Financing Expense: Rose significantly to approximately €8.7 million, compared to €2 million in the prior year.
- Tax Benefit: €1.8 million for 2025, compared to €0.1 million in 2024.
Impact of Strategic Investments
Ellomay’s investment strategies, including the acquisition of a 15% stake in Dorad Energy Ltd. by its equity investee, Ellomay Luzon Energy, have contributed to substantial financial gains.
Overall, the company's profit for the nine months ended September 30, 2025, reached approximately €8.5 million, demonstrating a substantial increase compared to previous fiscal periods.