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Chart 12 : Acroud revenue Q322-Q224 (€ m )
|
11 10
9 8
|
10 |
9.3 |
10.3 |
9.9 |
9.9 |
9.5 |
9.5 |
7 |
6.7 |
6 |
5 |
4 |
3 |
2 |
1 |
0 |
Q322 |
Q422 |
Q123 |
Q223 |
Q323 |
Q423 |
Q124 |
Q224 |
Chart 13 : Acroud EBITDA Q322-Q224 (€ m )
2.6 |
2.4 |
2.3 |
2.2 |
2.1 |
2.0 |
1.8 |
1.8 |
1.6 |
1.6 |
1.4 |
1.5 |
1.5 |
1.2 1.0 0.8 0.6 0.4 0.2 0 |
1.2 |
1.2 |
Q322 |
Q422 |
Q123 |
Q223 |
Q323 |
Q423 |
Q124 |
Q224 |
Source : company reports
“ Despite a significant update from Google , which has notably impacted some of our industry peers , our business experienced limited disruption ”
ROBERT ANDERSSON adjusted EBITDA fell by 9 % to SEK1.5m , Andersson said it was a “ consistent performance in both revenue and profitability ”.
He added : “ Despite a significant update from Google , which has notably impacted some of our industry peers , our business experienced limited disruption ,” he added . “ This resilience can be attributed to our diverse offering and strategic approach , which have helped mitigate the potential adverse effects of such industry changes .”
He acknowledged , however , that these numbers , stable as they are , did not represent the “ accelerated growth ” that the company aspires to .
“ A key factor in this is our current financing structure , which limits the funds available for reinvestment into growth initiatives due to the cost of our bond ,” he added . “ Moving forward , our primary focus will be on restructuring and refinancing efforts , enabling us to allocate more resources toward driving growth .”
September 2024