(AOF) – In 2023, Streamwide reached a record turnover of 19.5 million euros, an increase of 1.9 million euros (11%). This solid growth has a direct and positive impact on current operating income before depreciation and amortization (EBITDA), which increased by 1.7 million euros (+18% to 11.4 million euros) and represents 59% of annual revenues (+4 points). ). After depreciation (5.8 million euros, including 4.6 million euros for development costs), current operating profit (EBIT) came to 5.6 million euros, an increase of 1.2 million euros.
This Ebit represents 29% of annual revenues, compared to 25% in 2022. The net result is positive at 4.2 million euros, up 0.8 million euros compared to 2022. The net margin thus comes out to 21% against 19% in 2022.
In addition, the group’s financial structure was further strengthened as of December 31, 2023, with equity reaching 22.5 million euros (+1.4 million euros) and a significant net cash position of 6.4 million euros (excluding rental liabilities).
Gross cash flow stood at 15.6 million euros as of December 31, 2023, an increase of 4.3 million euros compared to December 31, 2022.
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