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Exosens announces 2024 estimated results above IPO guidance; 2025 guidance highlighting low twenties adjusted EBITDA growth

GlobeNewswire LogoGlobeNewswire2w ago

Exosens announces 2024 estimated results above IPO guidance; 2025 guidance highlighting low twenties adjusted EBITDA growth - GlobeNewswire

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EXOSENS ANNOUNCES 2024 ESTIMATED RESULTS ABOVE IPO GUIDANCE; 2025 GUIDANCE HIGHLIGHTING LOW TWENTIES ADJUSTED EBITDA GROWTH PRESS RELEASEMÉRIGNAC, FRANCE– 8th JANUARY 2025 2024 estimated figures showing strong revenue growth and sustained profitability, above guidance provided at IPOContinued strong performance expected in 2025, with revenue growth in the high-teens and adjusted EBITDA growth in the low twentiesOverall increased market demand further improves the perspectives which implies a high-teens 2024-2026 adjusted EBITDA CAGR Exosens (Ticker: EXENS; ISIN: FR001400Q9V2), a high-tech company focused on providing mission and performance-critical amplification, detection and imaging technology, today publishes full-year 2024 unaudited estimated revenue and adjusted EBITDA, its guidance for full-year 2025 as well as its outlook.2024 estimated figures, above guidance provided at IPO Based on unaudited estimated figures, the Group expects for full-year 2024: Total revenue of between €390–395 million, representing a growth of more than 34% compared to full-year 2023;Adjusted EBITDA of between €116–118 million, representing an adjusted EBITDA margin of around 30%.

These forward-looking statements are based on current beliefs, expectations and assumptions, including, without limitation, assumptions regarding present and future business strategies and the environment in which Exosens operates, and involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to be materially different from the forward-looking statements included in this press release.

Outlook for 2025 and the 2024-2026 period The Group expects continued strong performance in 2025, with revenue growth in the high-teens and adjusted EBITDA growth in the low twenties compared to full year 2024.

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Article Details

Author / Journalist: Exosens

Category: Technology

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News Sentiment: Negative

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Article Type: News Report

Published On: 2025-01-08 @ 06:30:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 759 words

Reading Time: 5 minutes read

Sentences: 23 lines

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Copyright Owner: © GlobeNewswire

News ID: 24970332

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