2023: A YEAR OF PROFITABLE HYPERGROWTH
TURNOVER: +50.7%
ADJUSTED EBITDA1: 23.2% OF REVENUE
REINFORCED FUNDAMENTALS WITH A VERY SOLID BALANCE SHEET STRUCTURE
CONFIRMATION OF THE AMBITION OF PLAN 4C
• 50.7% growth in turnover for the 2023 financial year
• Adjusted EBITDA1 for the 2023 financial year at 3,263 thousand euros (23.2% of turnover)
• Operating profit for the 2023 financial year of 2,477 thousand euros (17.6% of turnover)
• Net profit for the 2023 financial year of 2,140 thousand euros (15.2% of turnover)
• Increase in available liquidity from 5,456 thousand euros to 6,237 thousand euros as of December 31, 2023
• Net cash (excluding rental obligations) of 6,109 thousand euros as of December 31, 2023
• An exercise which secures the trajectory of the 4C Plan and which densifies all of the Group’s assets
• Shareholders and investors video conference – Thursday March 28, 2024 at 11:00 a.m.
Grenoble (France) – March 27, 2024 – 6:30 p.m.
MEMSCAP (Euronext Paris: MEMS), a leading provider of high precision and high stability pressure sensor solutions for the aerospace and medical markets, using MEMS (Micro Electro Mechanical Systems) technology, today announces its annual results for the 2023 fiscal year ended December 31, 2023.