Broadpeak Observes Slight Sales Growth in 2024

Broadpeak has released its 2024 results, showing a modest sales increase of 0.9% to €39.4 million. This growth was driven by a 5.9% increase in the second half, offsetting an initial decline. The product mix improved with growing revenue in Maintenance & SaaS (+22%), while equipment sales declined by 44.1%.

Gross margin increased to 81.7%, up from 76.2% the previous year. Adjusted EBITDA reached €2.0 million, up thanks to improved momentum in non-equipment products, which now represent 91% of the business.

Despite a still negative net result (-€4 million), free cash flow recovered to +€1.1 million, contrasting with the loss of -€13.2 million in 2023. For 2025, Broadpeak forecasts continued growth with positive EBITDA.