VOGO Reveals Positive 2025 Financial Results

In 2025, VOGO reported a second consecutive year of positive EBITDA, marking a 60% increase from 2024. The company's revenue grew by 6% to €11.2 million, largely driven by a robust 15% increase in its Technology as a Service (TaaS) revenues. This growth underscores VOGO's strategic focus on service-based models, which significantly contributed to recurring revenue and bolstered customer loyalty.

Despite challenging economic conditions, VOGO managed to cut operating expenses by 10% while increasing international revenue, which accounted for 68% of total 2025 revenue. Net loss widened to €2.6 million, affected by net financial losses and non-recurring items.

Notably, ABEO's successful public offering now sees it owning over 90% of VOGO. This merger aims to enhance market position through synergies and international growth. Entering 2026, VOGO has already seen a 13% revenue increase in Q1, forecasting continued growth.