Consolidated Financial Results as at 30 June 2025

REVO closed the first half of 2025 confirming its ability to deliver profitable growth while remaining true to its identity: technological, specialized, and fast. The results achieved reflect the strength of the business model and the effectiveness of the strategic choices defined in the new Industrial Plan “The TECHUMAN era.”

Key results as of June 30, 2025:

- Gross Written Premiums: €200.5 million (+31% vs Q2 2024)

- Adjusted Operating Result: €25.8 million (+54%)

- Adjusted Net Profit: €15.0 million

- Group Solvency II Ratio: 245.2%

In addition to the financial results, the semester marked the launch of several initiatives under the new “The TECHUMAN era” Industrial Plan, including: the strong development of the broker channel (53% GWP) with +38% YoY growth; 284 active collaborations with REVO Underwriting, aiming for around 400 by year-end; expansion into the Iberian market (over €4.5 million in premiums collected and 42 active brokers); and the introduction of new features integrated into AI partners (Liquidate, Luminate, Operate) to support increasingly automated processes. New Specialty business lines were launched in Trade Credit and Energy; leadership was confirmed in parametric underwriting with over 44,000 policies sold; the REVO team welcomed 32 new hires, particularly in Underwriting and Data & AI; the 2025–2028 ESG Plan was launched, alongside the confirmation of S&P A- and Standard Ethics EE ratings (positive outlook).

Alberto Minali, CEO of REVO, commented: “At the end of the first half of 2025, we have already achieved two-thirds of the adjusted operating result for the whole of 2024. Our path of profitable growth confirms the strength of our trajectory and the consistency of the strategic choices defined in the new Industrial Plan. This is a result that reflects the effectiveness of a distinctive business model, which makes technology its engine for growth and values relationships with intermediaries as a strategic lever for penetrating the SME and professional markets.”

Read the full press release and watch the video with CEO Alberto Minali and CFO Jacopo Tanaglia.