(Boursier.com) — NetMedia Group achieved a consolidated turnover of 23.2 million euros as of December 31, 2023, representing growth of 149% compared to the previous financial year. This development includes a change in scope effective January 1 with the integration of NetMedia activities by Makheia (merger in December 2022).
Now the 5th independent communications group in France, Netmedia Group is establishing itself with an innovative positioning on its markets by deploying a portfolio of leading proprietary BtoB media brands (ActionCo, Décision Achats, DAF Mag, Emarketing, etc.) and marketing solutions. efficient communication for advertisers.
During the 2023 financial year, the Group focused on the integration of the new structures acquired, on the organization of its teams and the implementation of synergies between its assets and know-how. Also present in England, Germany and Spain, the group has also developed its international offering through partnerships with numerous B2B media publishers.
NetMedia Group posted an Ebitda of -1.7 ME as of December 31, 2023, including an Ebitda loss of -2 ME over the first half and a positive Ebitda of 0.3 ME in the 2nd half of the financial year.
The Group’s consolidated operating profit stood at -1.8 ME as of December 31, 2023, a level comparable to that of the previous year (-1.7 ME).
THE net profit group share is -4.7 ME (-1.9 ME in 2022).
On the balance sheet, NetMedia Group displays a controlled financial situation with equity of 2.1 ME and active cash flow of 2.5 ME as of December 31, 2023. The group is continuing its debt reduction; financial debt falls to 4.6 ME (6.3 ME in 2022), i.e. a net debt of 2.1 ME.
Outlook
In 2024, NetMedia Group will benefit from consolidated structures, which will gradually come into working order to continue its development. The Group deploys an innovative offering with high added value in its markets through three complementary business divisions: the Consulting division; the Media division; the Activation center.
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