on Brockhaus Capital Management AG (isin : DE000A2GSU42)
Brockhaus Technologies Reports Preliminary 2024 Financial Results
Brockhaus Technologies AG announced its preliminary financial results for 2024. The company reported a revenue of €205 million, reflecting a 10% increase from 2023's €187 million. However, this figure falls short of the earlier forecasted range of €220 million to €240 million. Similarly, the adjusted EBITDA rose by 7% to €66 million, below the initial forecast of €80 million to €90 million.
The company faced operational challenges, particularly with Bike2Future, its second-hand bicycle platform. Initial ramp-up issues led to unexpected revenue shortfalls. Additionally, IHSE experienced revenue and earnings dips due to customer delivery delays. Despite these hurdles, Brockhaus Technologies remains optimistic about continued organic growth and profitability in 2025.
Final audited results will be disclosed on March 28, 2025, alongside a detailed fiscal 2025 forecast.
R. H.
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