Wavestone: 2024/25 Financial Results and 2025/26 Objectives

Wavestone closed the 2024/25 fiscal year with revenue of €943.7 million, up 35% thanks to the integration of Q_PERIOR and Aspirant Consulting. Net income increased by 30% to €75.9 million, despite a slightly reduced net margin of 8.0%. The company managed to stabilize its activity rate at 73% and maintained a solid average daily rate of €939.

For 2025/26, Wavestone is targeting positive organic growth and a recurring operating margin exceeding 13%. The company will adopt a selective recruitment strategy and focus its commercial efforts on promising sectors and technologies, particularly artificial intelligence.

The Executive Management succession plan is progressing, and the consolidation of recent acquisitions remains promising, despite an uncertain economic environment. Net cash reached €25.6 million, supporting the 31% increase in cash flow.