Izertis consolidates its expansion at the close of the first half of 2025, reporting revenue of €78 million and a normalised EBITDA of €11 million, representing an increase of 18.9% and 9.2%, respectively, compared to the same period in 2024 (€65.6 million revenue and €10.1 million EBITDA). Comparing these 2025 figures with those from the first half of 2020 highlights the company’s consistent and sustained growth trajectory, with a 210% increase in revenue and a 479% rise in normalised EBITDA over that period.

The Spanish multinational thus maintains its historic upward trend and reinforces its solid position in the technology consulting sector, continuing to make steady progress towards the goals set out in its Business Plan 2030, which aims to triple its size, reaching €500 million in revenue and €65 million in normalised EBITDA.

The company’s interim financial report, published today, also shows a normalised EBITDA margin of 14.1%, the third highest in its history. This improvement reflects its strong value proposition and specialisation in strategic technologies such as artificial intelligence and cybersecurity. This figure confirms the growth trend seen in recent years, up from a margin of 7.5% in the first half of 2020.

As of the end of the first half of 2025, Izertis reports a net financial debt to normalised EBITDA ratio of 2.9x, reaffirming its levels of solvency and liquidity. Additionally, its cash position rose to €35.6 million, a figure six times higher than that reported in the first half of 2020 (€6.2 million).

According to Lourdes Argüelles, CFO of Izertis: “These results reflect our strong position and financial strength, which will allow us to enhance our competitiveness and continue growing in a sustainable and global manner. This is another step forward in our roadmap as set out in our Business Plan 2030, which aims to build a leading European brand in technology consulting.”

Growth Plan

Earlier this month, Izertis presented the key lines of its Business Plan 2030, which sets the objective of reaching €500 million in revenue and €65 million in normalised EBITDA.

The company’s growth strategy combines both organic and inorganic expansion, integrating high value-added companies and committing to internationalisation, focusing on key global markets. It is expanding into new European countries and strengthening its existing three production hubs.

The firm aims to achieve a balanced split between domestic and international turnover (50%-50%), while deepening its offering of services and solutions in cutting-edge technologies, with a strong emphasis on AI adoption and cybersecurity. Another key pillar of the plan is building a major European brand in technology consulting, recognised for its distinctive value.

Izertis has acquired five international companies in the last year. The latest took place last April, with the integration of the Central American group Coderland. That same month, the acquisition of the MBC Group was completed, which was the third purchase in the United Kingdom, after Assured Thought (January 2025) and Projecting (July 2024), and the fourth in Europe (the Swiss company Digiswit arrived in September 2024).