Rebirth S.p.A. – Updates on the capital increase
25 March 2026Rebirth S.p.A. reports its 2025 full-year results, delivering strong revenue growth and a marked improvement in operational profitability
Formello, 15 April 2026 – Rebirth S.p.A. (ISIN Code: IT0005460081 – Ticker: ALREB), a dynamic company, specialized in the development and management of real estate assets, listed on the Euronext Growth Paris market, announces the results of the Consolidated Financial Statements prepared for the year 2025, and the prospects for the future.
The Board of Directors of our company, a company listed on the Stock Exchange and active in real estate development and in the management of tourist-accommodation facilities, has drawn up and approved for the first time the Annual Report in the Consolidated version, considering the rapid expansion of the group perimeter, and the increase in operating activities.
Strong growth in consolidated economic and financial results

The Rebirth Group closes the 2025 financial year with a consolidated Value of Production of 6.3 million Euro, up 23% compared to the 5.1 million Euro recorded as at 31 December 2024. The result confirms the solidity of organic growth and the effectiveness of the expansion and integration strategy of the Group’s operating companies.
Revenues from core business amount to 5.3 million Euro, compared to 3,6 million Euro in the previous year, thanks to the growing contribution of the real estate divisions, as per development program, in particular from property sales, net of the advancing of real estate projects (inventories), and to the services of the entities being part of the group consolidation from fiscal year 2025 (in particular UMCI Srl, Rebirth Hospitality Srl).
The Gross Operating Margin (EBITDA) amounted to 1,695 thousand Euro, compared to 922 thousand Euro in 2024 (+84%), confirming the structural strengthening of profitability.
Operating profit (EBIT) amounted to (793) thousand Euro, compared with (345) thousand Euro in the prior fiscal year, while Net result for the year came to (1,167) thousand Euro versus (56) thousand Euro in 2024.
This evolution primarily reflects higher Other operating costs, notably non-recurring items recorded in 2025, including a significant one-off real estate loss ((755) thousand Euro). In addition, financial items had an adverse impact in 2025, contrasting with a positive contribution in 2024, which benefited from a non-recurring capital gain on the disposal of a non-strategic investment.
In 2025, financial items mainly reflect the cost of the Group’s financial structure, net of limited non-recurring financial income.
Without the effect of the mentioned financial element, amounting to 910 thousand euro, results of fiscal years 2024 and 2025, would have appeared more closely aligned.
Capital solidity and structural growth
Total Assets showed moderate growth to 41.4 million Euro, from 40.9 million Euro in 2024, in particular thanks to the increase in tangible fixed assets, which mainly represent real estate assets, which rose from 26.1 million Euro in 2024 to 28.7 million Euro in 2025.
Consolidated shareholders’ equity shows a decrease mainly due to the net effect of the result for the year recorded and the capital increases carried out during the year, still standing at 28.1 million Euro, confirming the Group’s financial solidity and ability to support new investments thanks to the contributions of existing and new shareholders.
Performance by operating segment
• Real Estate (Rebirth S.p.A.) – The Group’s leading sector, with an individual Production Value of 4.6 million Euro, in line with that of the previous year, The results reflect the enhancement of assets and the full operation of ongoing projects.
• Maintenance (Motus S.r.l.) –An optimization of orders, in particular with higher focus on market and minor dependence from the orders from the group, together with a more efficient cost management.
• Tourism and foreign hospitality (Rebirth Canarie, Gold Drake, Rebirth Hospitality) – The activities show progressive progress: the revenues of the cluster go from 19 thousand Euro in 2024 to 298 thousand Euro in 2025, in particular thanks to the implementation of the three tourist real estate units on the island of Fuerteventura, as well as thanks to the activation of the first line of activity of the ambitious revitalization project of the historic village of Marta (VT) and which will give life to the Marta Lake Scattered Hotel.
• Credit Brokerage (UMCI) – Also in this sector there was a positive increase in the value of production, which rose to 1.4 million Euro from 1.1 million Euro in 2024.
Business model evolution
2025 represents a key year in Rebirth’s evolutionary path, with the strengthening of the integrated group model:
• Integration of the technical supply chain through total control of Motus S.r.l.
• Development of the Hospitality division, with a strategic focus on the tourism segment
• Rationalization of the investment portfolio, with the disposal of non-core assets
• Strengthening of international presence, particularly in Spain
These initiatives consolidate Rebirth’s role as an integrated operating platform, capable of covering the entire real estate value chain.
Sustainability and governance
During the year, the Company obtained its first ESG rating, with a score of 47/100 (green band), highlighting:
• attention to environmental issues and energy efficiency
• development of welfare and inclusion policies
• strengthening governance and compliance practices
Sustainability remains a central element of the long-term strategy.
Statement from Massimiliano Alfieri, Chief Executive Officer
“2025 represents a particularly significant milestone in the development path of the Rebirth Group. Over the last few years, in fact, the articulated system of collateral, complementary and synergistic activities that connect the core activity to the other key activities of the reference supply chain has been progressively completed around the parent company.
The year just ended was characterized by a further strengthening of the Group’s presence in its core activities. Alongside the historic real estate business, which continues to represent the central core of the entrepreneurial project, other business lines have progressively become more important, including technical and maintenance services, credit brokerage and initiatives in the tourism-accommodation sector. This progressive diversification now allows the Group to operate with a broader and more integrated model, capable of generating synergies between different activities and seizing development opportunities in complementary markets.
2025 was also a year of organizational consolidation and investment in business development, aimed at strengthening the Group’s operating structure and supporting the Group’s future growth. In this context, some initiatives are still in a phase of progressive maturation, while others are already contributing significantly to the overall operational dimension.
Looking to the future, the Rebirth Group intends to continue on the path of growth undertaken, enhancing the skills developed over the years and further strengthening the synergies between the various activities. The financial solidity and experience gained are fundamental elements to face the next stages of development with confidence.
Finally, I would like to express my sincere thanks to all the people who contribute every day to the growth of the Group, as well as to our partners and stakeholders for the trust and support that continue to accompany our journey.”
Outlook and Management Developments
During 2026, the Group plans to continue on its development path by leveraging the capital strengthening recently launched, including through a capital increase aimed at supporting growth and seizing new investment opportunities. In this context, the real estate business will continue to be the main driver of value creation, thanks to the progress of pipeline initiatives and the enhancement of the assets in the portfolio. At the same time, the technical division is expected to consolidate its strategic role in supporting internal development, contributing to greater integration and an improvement in overall efficiency. The hospitality sector will continue to mature, with the aim of progressively increasing its economic contribution and strengthening the Group’s positioning in the tourism-accommodation segment. More generally, Rebirth intends to consolidate its integrated industrial model, oriented towards the creation of sustainable value in the medium to long term, benefiting from the investments made and an organizational structure that is now more solid and scalable.
