on MUNIC (EPA:ALMUN)
EUR 4.4 million in turnover in the first half of 2024
In a difficult economic context, MUNIC (Euronext Growth® Paris - ALMUN) recorded a turnover of €4.4 million in the first half of 2024, down 30% compared to the previous year.
Product sales fell 36%, hurt by high inventories and increased caution from new customers. However, sales of services and subscriptions reached 24% of half-yearly turnover, up slightly (+5%), thanks to several new contracts.
Geographic sales are distributed 71% in the Americas and 29% in Europe. MUNIC is continuing its R&D efforts and plans to launch new solutions and products by the end of 2024, while developing strategic partnerships.
MUNIC also continues to explore new sources of financing to support its future projects, notably the EKKO platform.
R. E.
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