Bitpanda Reports Loss for 2025 Fiscal Year

Vienna-based Bitpanda GmbH reported a loss of approximately 14 million euros for the 2025 fiscal year, a significant shift from the nearly 62 million euro profit recorded the previous year. While adjusted revenue grew from 321 million to 371 million euros, adjusted EBITDA fell from 52 million to 13 million euros. The company attributed the decline to aggressive expansion efforts, including a 56 percent increase in marketing expenditures to nearly 107 million euros. The net loss was further impacted by write-downs on investments and higher interest costs.