Baltic Classifieds Group Sees 15% Revenue Growth in Yearly Results

The online classifieds operator Baltic Classifieds Group (BCG) has reported 15% revenue growth for the 12 months ended April 30th. The Vilnius-based company continued its post IPO growth trajectory with a solid year, highlights of which included:

• Revenue grew 15% to €82.8 million (2024: €72.1 million). Core classifieds revenue streams B2C and C2C, which together comprise 90% of total revenue, grew 17% and 13% respectively.
• Real estate revenue rose 23% year-on-year to €22.2 million.
• Real estate Average Revenue Per User (ARPU) increased 20% to €217.
• EBITDA grew 17% to €64.4 million (2024: €55.3 million) while the margin increased by 1% to 78%.

In its reporting, the company noted that it benefited from recovering inventory levels, pricing and packaging changes across its portfolio at the beginning of the financial year, as well as a 4% rise in the number of professional customers in the real estate vertical. BCG also managed to trim total operating costs by 13% to €29.3 million and pay off €25 million of its debt.

The year included the acquisition of a Untu.lt, a Lithuanian automated property valuation tool for sellers and a lead generation platform for
agents.

Justinas Šimkus, Chief Executive Officer of Baltic Classifieds Group, said:

“2025 was another year of strong financial, operational, and strategic execution for BCG, with solid momentum across all of our business segments. We remain in the early stages of our monetisation journey, which is demonstrated by resilience of both our top-line and EBITDA growth. Operating in a favourable macroeconomic environment - anchored within the EU, the euro area, and NATO - positions us well for a sustainable long-term growth. Despite recent economic headwinds, the outlook for future economic growth remains positive, especially for Lithuania, further reinforcing our growth prospects."

Founded in Estonia in 1999 and now based in Lithuania, Baltic Classifieds Group was listed on the London Stock Exchange in 2021. The company runs several market-leading real estate, car and jobs portals across the Baltic region.

Baltic Classifieds Group Assets