Arctic Stream ended the first half (H1) of 2025 with a turnover of 30.41 million lei (6.01 million euros), down 59% compared to H1 2024. The loss amounted to 2.58 million lei (0.51 million euros).
The loss was caused both by the decrease in operating profit (minus 1.02 million lei – 0.20 million EUR) and by the revaluation of holdings in USD (the currency in which most solutions are purchased).
The below-expectation results for the first two quarters follow a slow start to the year, with no significant projects from the previous year, and are also influenced by the difficult economic context, in which customer budgets were approved late.
Although revenues in the first half of the year are at 21% of the level anticipated in the company’s Income and Expenditure Budget (BVC), Arctic Stream is awaiting the progress of projects in the third quarter (Q3) to announce a possible operational update.
Until then, the completion of projects postponed from Q1 and Q2 is expected, and the company’s management will have a clearer picture of achievements in relation to BVC estimates.
 of 2025 with a turnover of 30.41 million lei (6.01 million euros), down 59% compared to H1 2024.){kind=link}