Bilendi Reports Major Revenue Growth Amid Market Challenges
Bilendi's Impressive First-Half Revenue Growth
Bilendi, a global leader in technology and AI solutions for market research, has reported a remarkable revenue of €43.5 million for the first half of 2025. This represents an inspiring increase of 42.2%, showcasing a significant turnaround in performance amid challenging sector conditions.
Acquisition of Netquest Enhances Performance
The notable revenue boost includes contributions from Netquest, integrated into Bilendi's operations since February 2025. The company anticipates that this strategic acquisition will strengthen Bilendi's position in the industry and enhance its growth trajectory moving forward.
Pro Forma Revenue Analysis
Examining Bilendi's growth on a pro forma basis reveals an overall growth of 1.4% at constant exchange rates when considering the complete inclusion of Netquest’s activities since January 2024. This insight highlights Bilendi's ability to adapt and thrive in a competitive landscape.
Explosive Growth in International Markets
Bilendi's international revenue has surged by an impressive 55% during the half-year period, reaching €36.4 million, with strong growth across various regions including the Netherlands, Italy, and the DACH region—Germany, Switzerland, and Austria.
Performance in the French Market
In France, Bilendi's revenue showcased a moderate increase of 0.2%, amounting to €7.1 million. Following a slight downturn in the first quarter, the second quarter rebounded, highlighting the firm’s resilience and positive sales momentum.
Strategic Innovations and Developments
Bilendi is not merely relying on numbers; the company is actively enhancing its operations and market strategies through various innovations. It is ambitiously expanding its proprietary panel coverage, aiming to establish new panels across numerous countries with a growth timeline of reaching 50 countries by the end of the year.
Introduction of the Bilendi Platform
One of the cornerstones of Bilendi’s growth is the introduction of the Bilendi Platform, a self-service solution designed to simplify market research management. This tool allows users to conduct research autonomously or with assistance, appealing to the evolving needs of today’s clients for efficiency and flexibility.
AI-Driven Solutions for Market Research
Bilendi has also unveiled Bilendi Discuss, an AI-enhanced market research software that automates significant portions of the research process. With features like automatic report generation powered by their proprietary Bilendi Artificial Research Intelligence (BARI), this innovation represents a significant shift in how market research can be conducted.
20 Years of Growth and Innovation
2025 marks a monumental year for Bilendi, celebrating its 20th anniversary as a publicly listed entity. Originally listed on the Euronext Growth market under the name Maximiles, the company has successfully transformed from its initial focus on online loyalty programs to becoming a global leader in data technology and AI solutions.
Future Objectives and Growth Plans
As Bilendi looks ahead, it reaffirms its goal of attaining €100 million in revenue by 2026, with an EBITDA margin targeting between 20% and 25%. This ambitious roadmap outlines the company's commitment to sustained growth and continual improvement in profitability.
Conclusion
With strong revenue performance, innovative strategies, and substantial international growth, Bilendi is poised to maintain its competitive edge in the rapidly evolving market research landscape. The company’s forward-looking vision, supported by a robust operational strategy, positions it well as a leader in the industry.
Frequently Asked Questions
What were Bilendi's revenues for the first half of 2025?
Bilendi reported revenues of €43.5 million for the first half of 2025, marking an increase of 42.2% compared to the previous year.
How has the acquisition of Netquest impacted Bilendi?
The acquisition of Netquest has been significant, contributing to overall revenue growth and enhancing Bilendi's market presence globally.
What growth did Bilendi experience in international markets?
Bilendi experienced a 55% increase in international revenue, reaching €36.4 million, showcasing strong performance across various regions.
What innovative solutions has Bilendi introduced?
Bilendi launched the Bilendi Platform and Bilendi Discuss, utilizing AI to streamline market research and improve user experiences.
What are Bilendi's future revenue goals?
Bilendi aims to achieve €100 million in revenue by 2026, maintaining an EBITDA margin of 20% to 25%.
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