(AOF) – At the end of this first half of 2023, Kalray recorded consolidated revenue of 15.3 million euros against 4.8 million euros at June 30, 2022, a very strong growth of +219%, which illustrates the good commercial momentum of its markets in the field of storage (media, artificial intelligence, health, scientific research). Consolidated sales break down as follows: United States (52%), Europe – including the United Kingdom (46%) – and other countries around the world (2%).
The software / hardware distribution remains substantially the same with 2/3 of revenue on the “Software” part and 1/3 on the “Hardware” part.
Financially, Kalray confirms its revenue target of 40 million euros in 2023, with a sharp acceleration in the second half of the year as announced at the start of this financial year, and an improving EBITDA.
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Growing market and price pressures
According to the SIA, global chip sales were $151.7 billion in the first quarter of 2022, up 23% year-on-year. Sales increased in all major regional markets and for all product categories. As global uncertainties, including the war in Ukraine and the health crisis, weigh on supply chains, demand for semiconductors continues to significantly outpace supply. Manufacturers Samsung and TSMC have announced that they will raise their prices, in a context where players in the sector have good leeway and benefit from increased bargaining power. However, wage increases and component prices could weigh on future performance.