Tourism: Osmozis improves its EBITDA margin in the 1st half – 2023-06-05 at 18:17


(AOF) – Osmozis, specialist in the digital transition of campsites and holiday villages, posted a net loss of 450,000 euros for the 1st half against a gain of 4,000 euros a year ago. The company announces EBITDA (gross operating surplus) “record for a first half” at 1.4 million euros, “multiplied by more than 2.5 in one year”, and an EBITDA margin up by 14 points to 27% of turnover. The latter reached 5.083 million euros, an increase of 21%.

Osmozis “reiterates its ambition to maintain a profitable growth trajectory of its activities for the 2022-2023 financial year”.

“Our ambition to increase our profitability is important this year and this successful first half reinforces it”, comments Gérard Tremblay, CEO of Osmozis. “We are continuing our development in business, up 21%, but above all in profitability, with half-year EBITDA which has multiplied by more than 2.5 in one year. We now have solid recurrence of our revenues and a significant leverage effect of the activity on the margins, thanks to a controlled operational structure as well as our new high-performance and competitive WiFi 6 terminal”.

EBITDA will increase over the year (3.8 million euros in 2021-2022) and an EBITDA margin on turnover “which should remain at a high level”.

AOF – LEARN MORE

The Threat of Open Technology, RAN

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End of the price drop

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