Munic: well oriented after its annual results – 04/01/2022 at 13:14


(CercleFinance.com) – Munic climbed 6% after the publication of an improvement in net income of +5.4 million euros in 2021, to settle close to balance at -0.23 million, as well a strong improvement of 3.3 million in adjusted EBITDA, to +0.43 million.

The specialist in embedded technologies and artificial intelligence for the valuation of automotive data experienced strong growth in sales, of 156% to nearly 19.3 million euros, marking the rebound in post-pandemic activity.

Claiming an order book as of December 31, 2021 of 17.8 million euros, a level 4.7 times higher than that of last year, Munic aims to continue sustained growth in 2022.



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