Half-year figures

Fastned grows 44% in revenue, but loss mounts

n de eerste helft van 2025 werden 17 nieuwe locaties in vijf Europese landen geopend.

Fastned, the European fast-charging company, reported 44% revenue growth from charging in the first half of the year compared to last year. However, the net loss increased from €11.4 million in H1 2024 to €18.3 million in H1 2025. The half-year report for 2025 shows that.

In the first half of 2025, Fastned’s charging revenue rose to €54.3 million, compared to €37.8 million in the first half of 2024 (+44%). In the same period, the company delivered 81.4 GWh of renewable energy, up 30% from a year earlier. This was done through more than 3 million charging sessions.

Gross profit rose from €29.8m in the first half of 2024 to €41m in the first half of 2025 (+38%). Net loss increased from 11.4 million euros in H1 2024 to 18.3 million euros in H1 2025. According to Fastned, almost the entire amount of this loss (€16.3 million) is caused by network expansion costs. “This increase is the result of our efforts to expand rapidly in Europe and prepare our organisation for a more ambitious future. This is in line with our strategy to increase the construction pace of new stations in the second half of the year,” the report said.

Fastned’s half-year figures

363 charging stations

The report further stated that Fastned’s network expanded to 363 charging stations by the end of the first half of the year. In addition, the company acquired 37 new sites for future development. This brought the total to 606 locations by the end of July. According to Fastned, this is in line with forecasts and the company remains on track to achieve its target of 1,000 stations by 2030.

Seventeen new stations were opened in the first half of 2025 in five European countries, including the first in Italy. Existing stations were also upgraded to increase capacity. A total of eight upgrades and extensions were completed in the first half of the year, with a further three in July, after reporting.

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This article was automatically translated from the Dutch language original to English (British).

Author: Nina Koelewijn

Source: MobilityEnergy.com

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