sur ATEME (EPA:ATEME)
Ateme Reports Stable Q4 2024 Revenues Amid Overall Decline
Ateme has announced a stable revenue for the fourth quarter of 2024, reporting €30.3 million, unchanged from Q4 2023. However, total annual revenue stood at €93.5 million, marking a 7% decrease compared to the previous year. A regional analysis shows diverse performance outcomes.
The EMEA region led by contributing €41 million in revenues, reflecting a 16% year-on-year increase. Meanwhile, the USA and Canada witnessed a significant 40% decline, due in part to a challenging business environment and prior year growth comparison. The Asia Pacific region excelled with a revenue boost of 36%, while Latin America experienced a 7% drop.
Despite these challenges, monthly recurring revenues rose by 20%, ending at €2.954 million in January 2025. Ateme begins the new year with €35.4 million in annual recurring revenue. Looking ahead, the company aims for profitability improvements throughout 2025.
R. P.
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