Q1 2025 FOR SIILI: Siili continued AI strategy implementation and actions for profitability improvements, revenue at the previous year’s level Siili Solutions Plc Stock Exchange Release 22 April 2025 at 9:30 am EEST January-March 2025 We completed the acquisition of a majority stake in Intergrations Group OyWe launched an Advisory service to accelerate our clients’ digital business and use of artificial intelligenceWe adjusted our competence profile to match our strategy and the current market situationThe revenue for the first quarter was EUR 29.9 (29.8) million, representing increase of 0.3% year on year.
Adjusted EBITA for the first quarter was EUR 1.3 (1.6) million, which corresponds to 4.2% (5.3%) of revenue EUR millionQ1/2025Q1/2024Revenue29.929.8Revenue growth, %0.3%-11.3%Organic revenue growth, %-1.6%-11.3%Share of international revenue, %27.1%27.7%Adjusted EBITA1.31.6Adjusted EBITA, % of revenue4.2%5.3%EBITA1.21.4EBIT0.91.1Earnings per share, EUR0.050.07Number of employees at the end of the period957973Average number of employees during the period950990Total full-time employees and subcontractors (FTE) at the end of the period1,0751,087 Outlook of 2025 Revenue for 2025 is expected to be EUR 108-130 million and adjusted EBITA EUR 4.7-7.7 million.
CEO Tomi Pienimäki: The first quarter of this year was challenging for Siili as the sluggish market conditions prevailed, and we took concrete steps to improve the profitability of our operations.
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