“BMIT Technologies Reports Record FY2025 Revenue and Declares €4 Million Dividend…”

The Board of Directors of BMIT Technologies p.l.c. has approved the Annual Report and Consolidated Financial Statements for the financial year ended 31 December 2025.

The Board has recommended a final net dividend of €0.0183 per ordinary share, amounting to a total distribution of €4.0 million. Shareholders may elect to receive the dividend in cash or in new ordinary shares at an attribution price of €0.27 per share, subject to shareholder approval at the AGM.

The dividend will be payable to shareholders registered as at 15 April 2026.

The Company’s Annual General Meeting will be held on 19 May 2026. Shareholders registered as at 17 April 2026 will be entitled to receive notice and to participate and vote at the meeting.

Financial Highlights – FY 2025

BMIT, a leading digital infrastructure provider and a subsidiary of GO plc, reported record revenue of €36.5 million, an increase of 8.7% year-on-year.

• Data Centre, Managed IT Services, and Hardware & Licence Sales revenue rose 9.2% to €32.3 million.
• Mobile Network Towers & Property Holdings revenue increased 6.6% to€4.3 million, with total managed sites rising to 299.

EBITDA amounted to €12.0 million, while net profit attributable to shareholders was €3.4 million. Higher operating and finance costs reflected continued investment in strategic growth initiatives.

Financial Position and Investments

As at 31 December 2025, total assets stood at €96.4 million, with total equity of €12.8 million. Duringthe year, BMIT completed strategic investments to strengthen its digital infrastructure and cloud capabilities, including acquisitions in cloud services and property-based infrastructure assets.

Chairman’s Comment

Chairman Nikhil Patil commented:

“Our continued investment in digital infrastructure and managed IT services is creating a more resilient and diversified business model, positioning BMIT for sustainable long-term growth.”

CrediaBank: Strong Performance and Regional Growth Plans

CrediaBank delivered record results in 2025, its first full year following the merger of Attica Bank and Pancreta Bank, confirming the strength of the combined platform.

Recurring pre-provision profits rose 88% year-on-year to €82.5m, while recurring profit before tax increased 93% to €57.8m. Net interest income grew 58% to €168.3m, supported by strong credit expansion, while fee and commission income nearly doubled to €37.2m, enhancing revenue diversification.

Lending activity reached record levels, with €3.4bn in new disbursements and €1.1bn in net credit growth. Deposits increased to €6.8bn, supporting strong liquidity, while capital ratios strengthened, with CET1 at 11% and non-performing exposures contained at 2.9%.

The group completed its operational integration in 2025 and is now focused on four strategic priorities: expanding market share in Greece, accelerating growth in Malta, advancing digital transformation, and pursuing selective M&A. A key growth catalyst is the planned acquisition of a 70.03% stake in HSBC Bank Malta, which would significantly increase scale and enhance regional diversification, subject to regulatory approvals.

Medium-term targets include RoTE above 17%, a cost-to-income ratio in the low-40% range, and continued balance-sheet growth.

Malta International Airport Sees Strong Passenger Growth in February

Malta International Airport recorded a strong February performance, handling 658,328passengers, as traffic growth extended beyond the traditional peak season.

Passenger numbers were 17% higher than a year earlier and nearly 39% above February 2024 levels, supported by increased flight activity and improved load factors. Aircraft movements rose 12.1% year-on-year to 4,426, while average seat occupancy increased to 81.6%.

Italy and the United Kingdom remained the airport’s two largest markets, together accounting for over 36% of total traffic. Poland continued its rapid expansion, representing 14.1% of passenger movements and reinforcing its position as one of Malta’s leading source markets.

Looking ahead, Malta International Airport has announced an expanded Summer 2026 schedule, aimed at further strengthening international connectivity. Highlights include the launch of direct services to the United States by Delta Air Lines, alongside additional routes and increased frequencies across Northern Europe, the UK, and the Mediterranean.

While the year has begun on a positive note, the airport said it continues to monitor geopolitical developments and remains in close coordination with airline partners.

Malta Properties Company – FY2025 Financial & Operational Highlights

Malta Properties Company plc reported a profit before tax of €2.5 million in 2025, during a transitional year marked by ongoing renovations across its property portfolio. Total income declined 12% to €5.01 million, and EBITDA stood at €3.28 million, reflecting temporary vacancy and repositioning of several assets. Administrative costs remained stable at €1.75 million.

Chairman Christian Sammut noted the focus on leasing activity and major property upgrades, with nearly half the portfolio secured with new tenants over 2024–2025. Key projects included the refurbishment of the Marsa Central Building, full leasing of the Swatar property, and continued construction at The Exchange at Spencer Hill.

The company also entered into a promise of sale for its Telgħet is-Saqqajja property in Rabat for €2 million. The property portfolio increased in value 3.4% to €93.9 million, strengthening the balance sheet.

Looking ahead, revenue is expected to rise in 2026 as renovations conclude and newly leased spaces become operational. The Board has recommended a net dividend of €0.015 per share, subject to shareholder approval at the upcoming AGM.

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