The company reaches total revenue of 8.60 M€, improves comparable EBITDA and net profit, and increases its equity to 3.35 M€.
The company reaches total revenue of 8.60 M€, improves comparable EBITDA and net profit, and increases its equity to 3.35 M€.
29 April 2026.- Tree Technology, S.A. (“Treelogic”), a Spanish technology company specialising in artificial intelligence, cybersecurity, eHealth, and advanced technology services, listed on BME Growth under the ticker TRTK since 16 January 2026, has published its results for the year ended 31 December 2025.
The company closed 2025 with a positive performance across its key metrics and significant progress in its financial structure, corporate organisation, and proprietary product strategy.
The year, prior to its admission to BME Growth, was marked by revenue growth, positive profitability, stronger equity, improved liquidity, and the company’s preparation for a new stage as a listed company.
Revenue Growth and Improved Profitability
Treelogic reached total revenue of 8.60 M€ in 2025, up 5.1% on 2024, and turnover of 7.24 M€, an increase of 1.5%. Comparable EBITDA, excluding costs related to admission to BME Growth, stood at 737 K€, up 5.0%, while net profit reached 303 K€, 3.2% higher than the previous year.
The company therefore maintained a positive performance in revenue and results, in a year shaped by preparations for its admission to the market and by the uneven performance of its business lines.
Stronger Equity, Liquidity, and Reduced Net Debt
One of the most significant aspects of the year was the strengthening of equity, which increased from 851 K€ at the end of 2024 to 3.35 M€ at the end of 2025, mainly as a result of the capital increase carried out during the year.
The company also ended the year with a stronger liquidity position. Cash reached 1.48 M€, compared with 107 K€ one year earlier.
At the same time, Treelogic reduced its debt. Debt with credit institutions stood at 1.96 M€, compared with 3.32 M€ in 2024, while other financial liabilities fell to 1.82 M€, compared with 3.51 M€ the previous year. As a result, net financial debt decreased from 3.45 M€ in 2024 to 710 K€ in 2025.
Progress in Proprietary Products and Internal Capabilities
During 2025, Treelogic increased its investment in proprietary development. Capitalised development costs reached 487 K€, compared with 245 K€ in 2024, representing growth of 99%.
This effort focused on a set of solutions under development linked to the company’s main areas of activity:
• WalletHound, a tool for identifying cryptocurrency wallets from seed phrases, aimed at law enforcement agencies, legal firms, and individuals.
• Sepsis IA, an early warning system for sepsis in hospital environments based on real-time clinical data and artificial intelligence.
• SET urological triage, a specialised module added to the SET hospital system during the year.
• SmartC-ADS, a cybersecurity solution for smart contracts across multiple blockchains and distributed ledger technologies.
The evolution of the cost structure also reflects a greater internalisation of technical capabilities. Procurements decreased by 19.3%, while personnel costs increased in line with the strengthening of the team and the decision to retain within the company part of the technical knowledge required for its projects.
Diversified Activity Across Three Business Lines
Treelogic maintains its activity structured around AI and Cybersecurity, eHealth, and IT Services. AI and Cybersecurity remained the largest business line, accounting for 59.8% of turnover; eHealth represented 16.0%; and IT Services reached 24.2%.
The company operates in markets with good growth prospects, particularly artificial intelligence, cybersecurity, and digital health, areas in which Treelogic combines R&D projects, technology services, and the development of proprietary solutions.
“2025 was an important year for Treelogic. We grew revenue, improved comparable EBITDA and net profit, significantly strengthened equity, and ended the year with a more robust cash position.
We also reduced net financial debt and made progress in the development of proprietary products, while completing the work required for admission to BME Growth.
We enter 2026 with a more balanced financial structure, an organisation adapted to our new status as a listed company, and a strategy focused on consolidating our capabilities in artificial intelligence, cybersecurity, eHealth, and technology services.”
About Treelogic
Treelogic is a Spanish technology company specialising in the design, development, and implementation of advanced solutions based on artificial intelligence, cybersecurity, and advanced software for strategic sectors. The company actively participates in national and European R&D projects, and operates mainly in Spain with a growing presence in Latin America. Treelogic is listed on BME Growth under the ticker TRTK.
This document may contain forward-looking statements based on the current expectations of the management of Tree Technology, S.A. These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated. The company assumes no obligation to publicly update these statements.