Kalve Coffee, a coffee roasting company, has announced a revision of its EBITDA forecast for 2025, reducing it by 150,000 euros. This decision was made as per the company's recent evaluation of actual results and was communicated via a statement to the Nasdaq Riga exchange. Initially, the full-year EBITDA was projected to be approximately 300,000 euros, but the company now expects it to be around 150,000 euros, with almost half of the discrepancy attributed to difficulties in capitalizing certain expenses connected to its operations in France, adhering to Latvian accounting standards.

The remainder of the EBITDA reduction is linked to various areas of operation across the Baltic region. In contrast, Latvia alone was projected to achieve an EBITDA of about 440,000 euros for 2025, indicating a significant performance disparity. Despite the lowered EBITDA forecast, Kalve Coffee anticipates a consolidated revenue of 5.3 million euros in 2025, reflecting a 55% increase from the previous year, which aligns closely with the management's internal predictions of 5.2 million euros. This revenue growth highlights the company’s potential despite the challenges faced in specific markets.

The implications of this forecast adjustment suggest that while Kalve Coffee is experiencing substantial revenue growth, the reduction in EBITDA forecasts reflects the complexities of expanding into new markets, such as France. Managing operational challenges and adhering to accounting standards will be crucial for the company as it navigates its growth strategy in both domestic and foreign markets. Stakeholders will need to monitor these developments closely as they could impact Kalve Coffee's financial stability and market positioning.