sur IT Competence Group SE (ETR:3IT)
Audius Reports 7.4% Revenue Growth and Robust Cash Flow for 2024
Audius SE has announced a 7.4% increase in total revenue for the fiscal year 2024, reaching EUR 84.2 million. Despite significant investments impacting earnings in mobile device management and Amazon Web Services, operating cash flow nearly doubled to EUR 5.6 million.
In 2024, audius's consolidated group revenue rose by 7.2% to EUR 83.9 million. EBITDA was slightly lower than the previous year at EUR 7.13 million, with the EBITDA margin holding at 8.5%. Although consolidated net income decreased to EUR 2.8 million, earnings per share after minority interests remained 42 cents.
The company anticipates 2025 revenue exceeding EUR 90 million, buoyed by a strong order backlog of EUR 79.3 million. Audius plans a dividend of 20 cents per share, reflecting half of the consolidated net income after minority interests. Audius aims for EUR 115 million in revenue by 2026 through organic and inorganic growth.
R. H.
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