SINGULUS TECHNOLOGIES AG Releases Preliminary 2024 Fiscal Figures

SINGULUS TECHNOLOGIES AG has announced its preliminary financial results for the fiscal year 2024. The company achieved sales of €75.9 million, a slight increase from the previous year's €73.2 million, despite ongoing global challenges. Importantly, the EBIT improved significantly to -€0.7 million, compared to -€10.1 million the previous year. Additionally, the EBITDA was reported at €1.9 million, up from -€7.3 million.

The gross margin also saw a notable rise, reaching 33.6%, up from 22.3% from the previous year. Incoming orders were strong, totaling €77.2 million, a substantial increase from the previous year's €43.1 million. As of December 31, 2024, the order backlog stood at €77.4 million, slightly above the previous year's figure. The company's economic break-even point decreased, and net debt was reduced further.