LAIQON AG Projects Strong Growth Amid Strategic Transformations

LAIQON AG, analyzed by NuWays AG, has showcased substantial growth in its FY'24 sales and EBITDA preliminaries. While group sales increased modestly by 1% to €31 million, the company's core segments, Wealth Management and Digital Wealth, reported significant organic growth rates of 15% and 77% respectively. Asset Management, constrained by tough market conditions, expanded by just 3%. The divestment of LLOYD FONDS Real Assets, a non-core area, slightly dampened total sales. However, performance fees exceeded forecasts, reaching €2.3 million.

Assets under Management (AuMs) rose by 8% to €6.6 billion, in alignment with capital market trends. Notably, LAIQON achieved a better-than-expected EBITDA of €-4 million, thanks to an optimized expense structure. Looking ahead, the company plans to scale its AuMs to €8 billion by FY'25e and anticipates a positive EBITDA outcome of €2.8 million.