ROCTOOL 2023 financial results: Stability despite the economic situation

The ROCTOOL group, specialist in induction technologies, has published its financial results for the year 2023. Despite a drop in turnover to 9 million euros compared to 9.356 million in 2022, the company was able to maintain activity solid in a difficult economic climate. The second half saw a decrease, especially in services which fell from 2.5 to 2 million euros, although licenses increased.

The net results show a loss of 979 thousand euros, showing an increase in losses compared to 2022. However, the financial structure remains managed, with debt of 3.4 million euros and equity amounting to 1.7 million euros. The cash flow amounts to 1 million euros.

In 2024, ROCTOOL plans to strengthen its partnership with ENRX, by investing in the electrification of tools and integrating joint marketing and technical actions. The aim is to fully exploit this collaboration to support growth. Demonstration centers in Detroit and Shanghai and new R-IDSTM technology are among the initiatives planned to boost activity.