Wallix Confirms Ambitious 2025 Targets: Strong Growth in Recurring Revenue and Operational Improvements

• How Has Wallix Performed in the First Half of 2025?
• What’s Behind Wallix’s Revenue Growth?
• How Has Profitability Improved?
• What’s Wallix’s Financial Health Like?
• What Are Wallix’s 2025 Targets?
• Why Is Wallix Bullish About H2 2025?
• FAQs About Wallix’s 2025 Performance

Wallix, a leading cybersecurity firm, has reaffirmed its 2025 financial targets, showcasing robust growth in recurring revenue (MRR) and operational efficiency. With a 25.2% year-over-year increase in MRR and a strengthened financial position, the company is poised for continued expansion in the SME sector and strategic investments in AI-driven cybersecurity solutions. Here’s a DEEP dive into their mid-year performance and future outlook.

How Has Wallix Performed in the First Half of 2025?

Wallix reported a monthly recurring revenue (MRR) of €2.3 million as of June 30, 2025, marking a 25.2% year-over-year growth. This surge is driven by strong demand from small and medium-sized enterprises (SMEs), operational technology (OT) expansion, and major contract wins in France and the Middle East. Annual recurring revenue reached €27.7 million, reflecting the company’s shift toward subscription-based models.

What’s Behind Wallix’s Revenue Growth?

Consolidated revenue for H1 2025 stood at €18.01 million, up 18.9% year-over-year. Recurring revenue (subscriptions + maintenance) now accounts for 74.5% of total revenue, up from 71.6% in H1 2024 and 58.8% in H1 2023. Key drivers include:

• SME Segment: Increased adoption of Wallix’s cybersecurity solutions.
• Operational Efficiency: Reduced operating costs by €0.9 million.
• Strategic Contracts: Major deals in high-growth regions.

How Has Profitability Improved?

Wallix’s EBITDA improved by €4.1 million, reaching €559,000 (vs. -€3.58 million in H1 2024). Operating loss narrowed to -€2.96 million (from -€6.24 million in 2024), while net loss improved to -€3.1 million (from -€5.59 million). Despite a €1 million negative impact from currency fluctuations and stock-based compensation, the company’s cost-control measures and innovation investments paid off.

What’s Wallix’s Financial Health Like?

As of June 2025, Wallix holds €9.4 million in gross cash, though free cash Flow was -€1.5 million for H1 (improved from -€3.8 million in 2024). Gross financial debt decreased slightly to €8.1 million, with 52% structured as long-term debt. Shareholders’ equity stands at €7.3 million, ensuring financial flexibility for future growth.

What Are Wallix’s 2025 Targets?

Wallix confirms its 2025 goals:

• Hyper-Growth in Recurring Revenue: Sustained by SaaS adoption and cross-selling.
• Positive Operating Income: Expected in H2 due to seasonal sales momentum.
• Strategic Investments: Focus on AI-powered predictive cybersecurity via a "make or buy" approach.

Why Is Wallix Bullish About H2 2025?

The company anticipates stronger H2 performance, citing:

• Recurring Revenue Stability: 74.5% of revenue is now subscription-based.
• Cost Optimization: Further operational efficiencies expected.
• Market Positioning: Expansion in proactive cybersecurity solutions.

FAQs About Wallix’s 2025 Performance

What is Wallix’s MRR growth rate?

Wallix’s MRR grew 25.2% year-over-year to €2.3 million as of June 2025.

How much debt does Wallix have?

Gross debt is €8.1 million, with €5.0 million in non-amortizable convertible bonds.

What’s Wallix’s cash position?

The company holds €9.4 million in gross cash, with a free cash FLOW of -€1.5 million in H1 2025.