on STREAM WIDE (EPA:ALSTW)
STREAMWIDE Announces Further Profitable Growth for 2024
STREAMWIDE, a specialist in critical communications software solutions, has unveiled its financial results for 2024. Annual revenue reached €21.0 million, an increase of 8%. EBITDA reached €11.6 million, despite increased operating expenses. Net income climbed 8% to €4.5 million, with a stable net margin of 21%.
This performance is based on the development of the "team on mission" and "team on the run" applications, which provide 70% of annual revenue. STREAMWIDE continues to invest in sector diversification and international development, while strengthening its financial structure with net cash of €6.9 million.
The outlook for 2025 foresees continued growth, supported by international projects and a business model focused on recurring revenue. The group is focusing on innovation to meet growing security and communication needs.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all STREAM WIDE news