The Platform Group posted strong H1 2025 results with net sales up 60% to €343M, GMV of €652M, and adjusted EBITDA nearly doubling to €33.3M. The company completed seven acquisitions and expanded to 27 industries.
The company generated a gross merchandise volume (GMV) of €652.1 million, up from €442.5 million in H1 2024, while net sales increased to €343.0 million, a 60% year-over-year rise. Growth was fueled by a surge in connected partners to 15,781 and the expansion of TPG’s platform and software solutions into 27 industries.
TPG also completed seven acquisitions in the period — including Lyra Pet, Fintus, Herbertz, JoliCloset, Beste Aussichten, Karrasch & Nolte, and Freudenhaus Optik. Of these, Lyra Pet, Herbertz, JoliCloset, and Fintus were consolidated into H1 results.
Customer activity continued to climb, with 6.2 million active customers (LTM) compared to 4.8 million a year earlier, and 5.3 million orders processed versus 3.8 million in H1 2024.
On the profitability side, adjusted EBITDA stood at €33.3 million, up 89.6% (H1 2024: €17.6 million), reported EBITDA: €43.7 million (H1 2024: €30.0 million), and net income: was €33.3 million (H1 2024: €18.8 million).
The Platform Group AG is a software company that has 19 locations across Europe and is headquartered in Düsseldorf. In 2024, sales of EUR 525 million was realized with an operating result (EBITDA adjusted) of EUR 33 million.
