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This Research Note examines Energisme, the French energy performance software firm listed on the Euronext Growth market since July 2020. We highlight their 2024 financial results and 2025 outlook, based on their 23rd April and 26th February press releases and 2024 Annual Report. This article updates our previous Research Note in May 2023. Energisme Profile Founded in 2004 and acquired in 2015 by energy sector specialists, Energisme’s IoT offering is its N’Gage platform, a Software as a Service (SaaS) data platform primarily designed to monitor, manage and drive energy and sustainability performance. Energisme collects and analyzes data on more than 500,000 sites in France, facilitating cost reductions and the achievement of energy efficiency objectives. Their current European client base includes customers from a wide range of industries, including education, financial services, healthcare, hotels, manufacturing, facilities management and utilities. Energisme 2024 Financial Highlights 2024 overall revenue declined 17% from €5.8 million in 2023 to €4.8 million […]

The UK Carbon Capture Gamble: Is It Worth £22 Billion? In this eye-opening podcast episode, we dive deep with Nick Hunn into the UK’s massive bet on carbon capture technology! Is the UK government putting all its eggs in one unproven basket? What you’ll discover: Nick brings decades of industry insight to the conversation, comparing […]

In this Research Note, we examine learnd SE, a Luxembourg public company operating in the UK and Ireland as a BMS integrator and energy management service provider. We focus on their 2024 financial results, announced on 30th April 2025, 2024 Annual Report, and Annual Results Presentation. This article updates our previous coverage of learnd’s buy-and-build strategy in March 2024. learnd Profile Founded in 2020, the learnd Group specializes in the provision and administration of cloud-based solutions for building management systems (BMS). learnd offers tailored services encompassing installation, management, and maintenance of these systems provided by third-party suppliers in its customers’ buildings. Additionally, learnd’s remote operations centre (ROC) and open data platform combine in-field and remote engineering expertise, ensuring real-time customer support. Through these services, customers can reduce the energy consumption and carbon emissions of their buildings, thereby decreasing their maintenance costs and enhancing overall cost and energy efficiency. learnd’s current operations and customers are primarily […]

This Research Note examines the Energy and Building Technology (EBT) business sector of the Bosch group, focusing on their 2024 annual results, the Home Comfort and Building Technologies divisions and how forthcoming acquisitions and divestments will impact these businesses in 2025.  This article is based on Bosch’s 2024 results announcement, 31st January 2025, 17th March 2025, Annual Press Conference, 8th May 2025 and previous Memoori analysis. Bosch EBT 2024 Financial Highlights The Energy and Building Technology business sector comprises the Building Technologies and Home Comfort divisions. Bosch Global Service Solutions division is excluded from this analysis due to the majority of its business being non-buildings related. The EBT sector accounts for 8.3% of Bosch group 2024 €90.5 billion revenues and accounts for 9% of total headcount or 35,840 people. The sector reported a nominal decrease in sales revenue of 2.7% to €7.5 billion, compared with the previous-year figure of €7.7 billion. Adjusted for exchange-rate effects, […]