Audax Renewables has presented this Thursday its results for the whole of 2025, a year that closed with a adjusted net profit of 43.5 million euros, 1.1% less than in the previous year. However, the company assures that it has managed to consolidate its growth trajectory, and has closed with an EBITDA greater than 100 million euros for the third consecutive year. Specifically, the EBITDA has been 115.6 million eurosan improvement of 0.2% compared to the previous year. As to revenues have fallen 5.2% in the year compared to 2024, standing at 1,884 million euros. and he debt ratio increases 0.4x compared to the same period of the previous year, reaching 2.3x and «meeting the strategic objective of keeping it at less than 3.0x.» «With the issuance of a new green bond of 75 million euros and the amortization of the convertible bond in November 2025, the gross debt has only increased by 7.4 million euros (+1.3%)», details Audax. The company, as explained, has decided to present the results in an adjusted manner, «neutralizing the extraordinary impact of the ‘System Operation Costs’ associated with the blackout in the Iberian market, in order to facilitate the comparability of the figures between periods.» Throughout 2025 Audax has supplied a total of 15.9 TWh of renewable energy (+2.6% compared to the same period of the previous year). The customer portfolio, for its part, has experienced a significant growth of 5.8%, reaching 462,000 customers, thanks to a commercial strategy «aimed at efficient acquisition, loyalty and continuous improvement of customer satisfaction.» In addition, the energy portfolio increases to 17.0 TWh«consolidating a solid foundation for the future,» says the firm, which has explained that the generation division «continues to increase its installed capacity», which already reaches 325 MW, 21.5% more than the previous year, «thanks to the investment made, the vertical integration strategy and the firm commitment to decarbonization.»