Witbe records a decline in its turnover in 2024

Witbe announces a turnover of 22.3 million euros for 2024, a decrease of 5% compared to the previous year. This decline comes in a difficult economic context, marked by cost constraints among tech players and movements in the streaming industry.

Despite this context, the company saw growth of 2% in the US market, while declining by 13% in EMEA. In Asia, revenue grew by 35%, thanks to an increase in sales of Witbox and software licenses.

Witbe’s ARR (Annual Recurring Revenue) reached €8.7 million, supported by a hybrid sales model. However, the 36% decline in cloud revenues affected recurring revenue. In 2025, Witbe plans technological improvements and increased investment in artificial intelligence.