Challenging Reality: Q1 2025 Boasts Strong Economic Results and Affirms Expansion Blueprint of the Corporation
Revamped Report:
Life is Hard (LIH), struttin' their stuff on the Bucharest Stock Exchange under the LIH symbol, drops some serious financial figures for Q1 2025, showin' off their commitment to sustainable growth, investment-backed consolidation, and creating value in sectors like insurtech, digital transformation, eCommerce, and tech education.
In a word, the LIH Group's Q1 haul added up to RON 9.51 million. You might 'member Life is Hard S.A. rakin' in a sizable RON 237,000 net profit - that's five times more than the same time last year! They knew their numbers, stickin' to a solid 95% budget execution rate, adaptin' like a chameleon to the economy's wild ups and downs. And don't even think about doubtin' the durability of LIH's business model and investment portfolio, it's as sturdy as a fortress.
Catin' Chis, LIH's CEO, ain't holdin' back. "We ain't rebuildin', we're deliverin' in 2025. With a balanced financial structure, scalable platforms, and strategic tech and education investments, we're makin' our active and scalable business model work. We got a plan and the resources to deliver sustainable value for our shareholders and tackled the digital transformation scene like never before. Seen it, felt it," he said.
Business Breakdown
A whopping Tomorrow - the insurtech division - claimed 53% of LIH's revenue. They've got 24Broker solidly as the go-to insurtech platform for brokers across the land. Meanwhile, 24Insurer recorded a lightning-fast 74% growth, proof positive their digital distribution model is the bomb!
Engine chimed in with a respectable 47%RON, with over 500% growth in the IT&C segment and RON 465,000 generated by the SmartTerritory solution, showin' the group's might as an integrated digital solutions provider for the public administration and entrepreneurs.
Intention branched out with new offerings, playin' a critical role in digital transformation projects and takin' the lead in initiatives like health tech and education.
The LIH Ecosystem
Revenue for the group as a whole maintained its steady course, nothin' but smooth sailin' despite some of the divisions jugglin' income and expenses out of sync.
Innobyte Solutions expanded its share capital to RON 1.61 million, thanks to a smart move of convertin' LIH-issued financing. This move signifies LIH's trust investin' in Innobyte's growth potential, ready to propel it to new heights within months.
Performia Finance shined, signin' impressive growth, boostin' net profit by 90%, revenue by 31%, and EBITDA by 52% compared to Q1 2024. Runnin' the numbers, these results solidify Performia Finance's role as a firm financial pillar within the LIH Group, consistently bringin' home a strong contribution to overall results.
The Road Ahead
In Q1 2025, LIH Group's ecosystem stood firm on a resilient base of sustainable growth, supported by:
- Strategic diversification across complementary verticals like insurance, digitalization, eCommerce, and tech education
- Scalable, active business model powered by internally developed digital platforms
- Burly financial health, boastin' strong capitalization without relying on loans from the bank
- On-going investment capacity harnessin' internal funds and EU grants
LIH ain't backin' down from their dedication to balanced growth, meaningful digital transformation, and sharin' value with shareholders, buildin' their strategy on smart capitalization and operational efficiency. With their "More Life" identity, they're remindin' the Romanian capital market and society that they're deliverin' on their responsibility for thoughtful, impactful growth.
About LIH and the Business Ecosystem
Life is Hard S.A. (LIH) is Romanian soil's first software company listed on the Bucharest Stock Exchange (AeRO Premium) and part of the BET AeRO index since 2021. This powerhouse of a company entered a phase of rapid growth in 2020, fueled by mergers and acquisitions that significantly enhanced its financial performance and market presence. They acquired APS and TreeComm, invested in Performia Finance, and grabbed Innobyte Solutions fully, and they even launched LIH Ventures, aimin' for investin' in scalable startups in insurance and adjacent sectors.
This aren't your average software developers, y'all. They're a team of digital transformation specialists who use technology to help companies streamline operations, innovate, and push the boundaries on what's possible.
The LIH Group is structured into three core divisions: Tomorrow (insurance), Engine (SMEs and public sector digitalization), and Intention (emerging initiatives in health tech and education). And watever they put their hands to, they sure do make it work!
This rough draft is an unofficial summary of the LIH's Q1 2025 financial report.
The LIH Group's business model demonstrates a strong commitment to technology and sustainable growth, as evidenced by their Q1 2025 results where technology-focused divisions such as 'Tomorrow' and 'Engine' collectively contributed a significant portion of their revenue. Furthermore, the Group showcased impressive growth in technology sectors, with 'Tomorrow' driving 53% of LIH's total revenue and 'Engine' reporting over 500% growth in the IT&C segment.
