Ateme's 2024 annual results: decline in turnover but encouraging outlook

Ateme Group has announced revenue of €93.5 million for 2024, a 7% decrease compared to the previous year. Despite this decline, monthly recurring revenue increased by 20% over the year, reaching €3.0 million in January 2025.

The company recorded EBITDA of €1.1 million, a significant decrease compared to 2023. However, Ateme managed to reduce its operating expenses, partly through cost streamlining. At the same time, ARR now represents 38% of revenue, thanks to new international contracts.

For 2025, Ateme is focused on improving profitability. In the long term, it aims to achieve revenue of €130 million by 2027. The reorganization of operations in North America is also expected to contribute to the expected growth.