PAUL Tech AG's Positive Forecast for 2025 Following Transformative 2024

PAUL Tech AG, based in Mannheim, Germany, has released its financial statements for 2024, marking it as a year of transformation. The company made strategic investments in PAUL Net Zero, a new emission-free Heat-as-a-Service offering. Despite a deliberate reduction in previous product sales, which led to a revenue drop to EUR 31.93 million, the company secured orders worth EUR 220 million and forged significant financing agreements to support future projects.

In 2025, PAUL Tech anticipates additional contracts totaling EUR 400 million, with revenues projected to climb up to EUR 80 million. These developments are expected to result in an EBITDA in the low double-digit millions and a net income in the single-digit millions.

With a robust order backlog and secured financing, PAUL Tech is optimistic about achieving profitability in 2025, following substantial investments in PAUL Net Zero that year.