Even Inderes’ robot was caught off guard when Sunborn put its H1 figures on the table.
”Sunborn International reported H1/2025 figures, in which group-level revenue (EUR 5.1m) and EBITDA (EUR 3.0m) include yacht hotel operations for only 2 months (May-June) due to the timing of the share exchange completion. We expected the company to report H2 figures (July-December), so a direct comparison to our forecasts is not meaningful.”