on BIKE24 Holding AG
BIKE24 Experiences Significant Growth in Q3 2025
BIKE24 Holding AG reported a substantial growth in the third quarter of 2025, with revenues increasing by 31.7% to EUR 82.8 million. The company's successful localisation strategy contributed to this rise, notably in Poland and Finland. The core GSA market (Germany, Switzerland, Austria) also saw a revenue increase of 35.6%.
The company's adjusted EBITDA margin improved to 6.4% from 4.0% the previous year. This growth is attributed to efficient operational processes and cost management. Free cash flow grew by 50.1% to EUR 8.1 million, while active customer numbers rose by 19.8%, reaching over one million.
BIKE24 adjusted its expectations for the full year, anticipating revenue between EUR 278 million and EUR 288 million, and adjusted EBITDA of EUR 12.5 million to EUR 13.5 million, reflecting confidence in their growth trajectory.
R. H.
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