(Finance) – Expert.aia company listed on Euronext Growth Milan and activates in the artificial intelligence market applied to understanding language, has announced that i Total revenues In the 2024 they are 27.3 million euros. The flexion, compared to the provisions of the industrial plan 2024-2026 (32.3-36.1 million) and 32.6 million made in 2023, is linked to the revision of the commercial proposal.
THE’Ebitda It is positive for 3.4 million euros, in strong improvement compared to last year (negative for 0.2 million to 31 December 2023). THE’Ebit It is negative for 5 million euros (negative for 8.8 million at 31 December 2023), in the face of depreciation of intangible assets for 7.9 million, referable mainly to capitalized development costs whose amortization is equal to € 7.1
millions.
The net resultinfluenced by renovation costs of an exceptional and non -recurring nature, highlights a loss of 10.1 million euros (9.9 million at 31 December 2023).
THE’Net financial debt It is equal to 1.7 million euros, with liquid availability of 18.1 million (1.8 million at the end of 2023), compared to a net financial debt as at 31 December 2023 equal to 21.8 million.
“The return to the town positive after a long time testifies that We are in the right direction towards the return to profitability thanks to a series of targeted measures to optimize the operational efficiency, the reduction of costs and the innovation of products and services to allow to better respond to market needs and anticipate future trends – commented theTo Dario Pardi – In this perspective, the recent organizational reorganization ads must be read with the appointment of international managers, as well as the launch of Eiderena Suite, a suite of complete solutions, ready for use and tailor -made for vertical markets, which will allow us to improve our commercial penetration in all the countries in which we operate “.
“We are finally proud of the results obtained that represent the constant commitment by all our team which has laid the foundations for a path of sustainable growth in a high potential market, that of AI and which thanks to our long experience, also the result of collaboration with leading reality, we believe we can play with a leading role, “he added.
Expert.ai has Revised the objectives for 2025 and 2026. Among other things, the Ebitda 2025, initially expected in a range between 8.7 million and 12.6 million, should be between 6 million and 10 million and the Ebitda Cash (Ebitda net of the capital of the R&D costs), initially expected in a range between 3.7 million and 7.4 million, should be between 1 million and 5 million.