As announced on December 13, 2023, Wedia is conducting exclusive negotiations with a view to the sale of the company Galilée (51% owned by Wedia). Given this operation currently being finalized, Wedia is publishing 2023 accounts restated for Galilée’s activity. For the sake of comparison, fiscal years 2022 and 2021 also restate Galileo’s activity from previously published figures.
2023 | 2022 | 2021 | Var 22/23 | |
|
Consolidated turnover in €k |
13,941 |
12,415 |
9,854 |
+12% |
|
Including CA SaaS |
11.212 |
9,561 |
6,692 |
+17% |
|
Including CA Services |
2,729 |
2,855 |
3.163 |
-4% |
*Consolidated turnover restated for the Galilée activity which stands at €5,231 in 2023, compared to €5,720 thousand in 2022
For the entire 2023 financial year, the Wedia group, a B2B SaaS publisher for marketing and communication, achieved consolidated turnover of €13.9 million, up 12% compared to the financial year. 2022 (€12.4 million).
The distribution of income by type is as follows:
SaaS revenues, the highest in the Group’s history, are up 17% compared to the 2022 financial year. These revenues are growing continuously, with average annual growth of 17% since 2019. SaaS revenues now represent 80 % of turnover and half are generated internationally (including 18% in North America).
The Group’s Services activity (consulting, configuration, change management) decreased by 4% compared to the 2022 financial year, which reflects better “packaging” of the Wedia solution (therefore reduced “setup” time per client) , often for the benefit of SaaS revenue.
Commercial Dynamics
Investments in Sales and Marketing have enabled us to experience strong commercial momentum over the past financial year. The Group is proud to announce new signings with renowned companies, one of the world leaders in luxury in France, Canon Europe in Netherlands, the PAG bank in China, as well as numerous brands, particularly in the retail and luxury sectors (Fnac Darty, Pierre Hermé, Charles Heidsieck, JM Weston, Intersport, etc.).
In addition, Wedia was listed by Constellation Research as one of the 10 global players in “Digital Asset Management for High-Volume commerce”.
Growth strategy
With its B2B SaaS software offering, already established and widely recognized in the Digital Asset and Social Media Management sectors, as well as a base of more than 5,000 customers, the Group has significant growth potential.
In addition, the Wedia.ai initiative, dedicated to image generation, as well as the “AI Content Inspiration” functionality, focused on the creation of content for social networks, marked the first steps in the deep integration of artificial intelligence. This proactive strategy in the face of market developments gives the Group a competitive advantage capable of supporting its growth.
Furthermore, recognized as a key player in the consolidation of a still very fragmented market, the Wedia group confirms its active external growth strategy. This approach aims not only to strengthen its market presence, but also to expand the solutions portfolio, thus consolidating its leadership in the industry.
Next meeting :
2023 annual results, Thursday March 28, 2024 after close of trading
About Wedia (Isin: FR0010688440-ALWED) –
www.wedia-group.com
Listed on Euronext Growth, the Wedia group is an international player, specialist in B2B SaaS in the world of Digital Asset and Social Media Management.
Through its two offers, Wedia and Iconosquare, the Group supports its clients (marketers, communicators, e-retailers, social media managers, etc.) in the sustainability, personalization, distribution and performance measurement of their content ( photos, videos, social posts…).
These offers allow the Group’s various clients to simplify the organization of their marketing content, automate their distribution across different digital and physical channels and ultimately measure their effectiveness.
The Group’s high-end and innovative positioning is validated by prestigious clients (Décathlon, Universal, Merck and NASA) and by leading technology analysts (Gartner, Forrester and Constellation Research).
To serve its 5,000 customers in more than 120 countries, the Wedia group, based in France, Germany and Canada, can count on more than 100 committed employees.
The Wedia group achieved 2023 revenues of nearly €14 million, including more than 80% SaaS revenues, and is driving its development with a proven mix of controlled organic and external growth.
CONTACTS
Nicolas BOUTET – CEO – [email protected]
Olivier SCHMITZ – DAF – [email protected]
Julia BRIDGER -Partner – [email protected]
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– Information on annual turnover
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