Alfio Bardolla Training Group has approved its consolidated financial report for the six months to 30 June 2026, posting a sharp revenue decline and negative operating results. The company reorganised its sales network and sold AGL Aste Immobiliari to refocus on training.
Key figures
- Total revenue: €6.8 million, down 37% from H1 2025.
- Sales and service revenue: €6.3 million, down 41%.
- EBITDA: negative €0.3 million, from positive €1.7 million; excluding the AGL gain, it would have been negative €0.8 million.
- Net result: negative €1.1 million, including a €0.8 million loss attributable to the group.
- Net financial debt: €1.0 million, improving from €1.5 million at year-end 2025.
Performance and strategy
Online courses and products lost 50% of revenue, while coaching declined 35%. Production costs fell 22%, but the largely fixed cost base could not offset lower volumes. The sale of the 83.67% stake in AGL for €1.19 million generated a consolidated gain of €431,000.
After the period end, ABTG secured a temporary €400,000 credit facility and launched new programmes combining on-demand content, coaching and live sessions, using artificial intelligence as support rather than a replacement for trainers.
The company
Alfio Bardolla Training Group is an Italian digital financial and business training provider listed on Euronext Growth Milan.
Primary source: ABTG official release dated 29 September 2026. The interim report underwent a voluntary limited review.