Kumulus Vape: 2025 Results and Outlook for 2026

Kumulus Vape, an e-commerce company specializing in the sale of electronic cigarettes, has published a turnover of 57.4 million euros for 2025, down 5.5% compared to 2024. This decrease is explained by a difficult economic environment, political uncertainties and an abandoned but destabilizing over-taxation project.

B2B activity, representing 87% of revenue, declined by 2.8%, while B2C activity decreased slightly by 4%. The store network experienced a more pronounced decline, mainly due to closures and delayed openings.

Kumulus Vape is preparing for a resurgence in 2026 thanks to strengthened partnerships, a new B2C website, and an expanding network of stores. Improvements to logistics management and the commissioning of Labster for bottling are also on the agenda.