Audius SE Reports 7.4% Growth in 2024 Despite Challenging Market

audius SE has announced a 7.4% increase in total revenue for the financial year 2024, reaching EUR 84.2 million. This growth was achieved organically despite a challenging market environment. However, the company's earnings figures were slightly affected by investments in new business areas. EBITDA was recorded at EUR 7.1 million, marginally below last year's EUR 7.6 million.

EBIT amounted to EUR 5.0 million, influenced by increased depreciation and amortization. The company's operating cash flow reached a historical high of EUR 5.6 million, boosting cash reserves to EUR 11.0 million. The equity ratio remained stable, similar to the previous year's level.

The order backlog displayed a significant increase, totaling EUR 79.3 million. audius predicts significant growth and a positive outlook for key financial figures in the coming year, with a comprehensive forecast expected in its upcoming annual report.