Green Earth Group N.V. (“Green Earth” or “the Group”) (Euronext: EARTH: NL0009169515), a leading end-to-end developer of nature-based solutions, publishes its 2025 semi-annual consolidated financial results. Green Earth confirms it is on schedule with its strategic roadmap and remains focused on scaling its revenue base and expanding its verified project portfolio.
Key highlights from the semi-annual report:
- Financial results: For the first half of 2025, Green Earth reported revenue of €215,000, compared to €29,000 in the same period last year (+641% YoY). The Group has demonstrated continued growth in line with its transition into a revenue-generating phase: total revenue was €43,000 in 2023, more than doubling to €88,000 in 2024. The acceleration to €215,000 in just the first six months of 2025 marks a step-change in Green Earth’s commercial performance, validating both its business model and years of sustained investment now coming to fruition. This uplift translated into the Group’s first operational gross profit as a project developer of €144,000, compared to a gross loss in the prior years.
- Investments and assets: As per the strategic plan during this scaling phase, Green Earth continued to invest heavily in project development, workforce, and operations, resulting in EBITDA of -€1.6 million and a loss before tax of €2.3 million. These results are consistent with management’s strategy to invest in pipeline expansion and long-term value creation over short-term profitability. On the balance sheet, total assets grew to €14.6 million, up from €7.9 million in the prior year (+84% YoY), reflecting continued investment in project growth. The Group ended the period with €4.05 million in cash in the bank.
- Project pipeline: The Group has now sold 43,000 carbon credits in total, with a pipeline of over 21 million carbon and plastic credits expected over the project lifetimes. This performance underscores the strength of Green Earth’s portfolio and its proven ability to convert project activity into measurable financial outcomes. Forward momentum is reinforced by three projects that achieved their validation in 2024, with credit issuances expected over the coming years.
During H1 2025, Green Earth advanced two new projects toward implementation: the Green Wheels Plastic Collection Project in Sri Lanka and the Lake Aral Afforestation Project in Kazakhstan. In parallel, more than 10 additional initiatives are currently in feasibility study, positioning Green Earth for continued growth in the years ahead.
- Stakeholder engagement: Green Earth’s close partnerships with approximately 25,000 smallholder farmers in Kenya, Cameroon, and Uganda have strengthened its agroforestry supply chain. These collaborations are essential to ensuring project success and reinforce the Group’s ability to deliver consistent, sustainable impact while enhancing livelihoods at the community level.
- Important milestones: The Group successfully completed its rebranding to Green Earth and adopted its new ticker symbol EARTH on Euronext Amsterdam. This milestone reflects a sharpened identity and a renewed focus on Engineering Possibilities at scale for people, nature, and investors.
The full semi-annual report is available for download on Green Earth’s website at www.green.earth/financial-reports. Additionally, a roadshow for investors is scheduled in the coming period to discuss the project pipeline, activities and outlook in further detail. Registration for events can be made here.
Selwyn Duijvestijn, CEO of Green Earth, commented: “This performance comes from just a single project in our pipeline issuing a limited number of credits—yet it’s already generating revenue and gross profit. With three projects validated and a deep pipeline of high-quality initiatives underway, the scalability of our model is no longer theoretical—It reflects years of sustained investment now starting to come through. We’re still at the starting line, and what we've achieved so far is just a glimpse of what’s coming.”
Outlook and long-term vision
Green Earth remains firmly on track with its roadmap and continues to scale operations across projects, revenues, and stakeholder engagement. On 27 June 2025, the Group issued its strategic outlook for the next 12 months, which outlines clear objectives for revenue growth, client expansion, and verified impact.
Looking further ahead, Green Earth reaffirms its 2030 vision of becoming Europe’s leading public company in verified ecosystem restoration. With its new brand positioning under Engineering Possibilities, the Group continues to combine ecological science, data intelligence, and market expertise to deliver trusted, investable nature-based solutions worldwide.
Contact for press enquiries
For more information about Green Earth’s initiatives, please contact:
GREEN EARTH
press@green.earth
+31320788118
Or visit our website: https://www.green.earth/
About Green Earth
Green Earth is a publicly traded purpose company listed on Euronext Amsterdam under the ticker symbol EARTH. As an end-to-end developer of nature-based solutions, the Group restores ecosystems, protects biodiversity, and supports local communities while generating verified environmental credits accredited by leading third parties. Green Earth’s mission is to make natural capital investable and accessible—creating lasting value for people, nature, and investors worldwide. www.green.earth
Disclaimer
This press release does not contain an (invitation to make an) offer to buy or sell or otherwise acquire or subscribe to shares in Green Earth and is not an advice or recommendation to take or refrain from taking any action. This press release contains statements that could be construed as forward-looking statements, including about the financial position of Green Earth, the results it achieved and the business(es) it runs. Forward-looking statements are all statements that do not relate to historical facts. These statements are based on information currently available and forecasts and estimates made by Green Earth’s management. Although Green Earth believes that these statements are based on reasonable assumptions, it cannot guarantee that the ultimate results will not differ materially from those statements that could be construed as forward-looking statements. Factors that may lead to or contribute to differences in current expectations include, but are not limited to: developments in legislation, technology, tax, regulation, stock market price fluctuations, legal proceedings, regulatory investigations, competitive relationships and general economic conditions. These and other factors, risks and uncertainties that may affect any forward-looking statement or the actual results of Green Earth are discussed in the annual report. The forward-looking statements in this document speak only as of the date of this document. Subject to any legal obligation, Green Earth assumes no obligation or responsibility to update the forward-looking statements contained in this document, whether related to new information, future events or otherwise. The provision of Green Earth’s services and products is subject to its General Terms and Conditions.
