Swissnet AG Shows Strong Growth with Swissnet AG Analysis

Swissnet AG's recent research update from NuWays AG reveals significant progress. The report, issued on June 2, 2025, recommends a "BUY" rating with a target price of €20 within 12 months. Notably, Swissnet's fiscal year 2024 (FY24) reflected a robust financial turnaround and an exceptional increase in sales.

Swissnet's FY24 sales reached CHF 13.1 million, an impressive 112% year-over-year growth. The surge in sales was attributed to organic growth and the successful integration of acquisitions like Socialwave and KADSOFT. Furthermore, SaaS revenues grew 55% to CHF 7.0 million, and hardware sales jumped 270% to CHF 6.1 million.

The improved financial metrics underline the scalability of Swissnet's operations and its robust business model. Additionally, the company achieved a positive cash flow of CHF 2.6 million. Recent contract wins and expansion efforts are likely to further boost their performance.