Financial development
The company’s revenue has increased to 34.3 million (+ 8.6 % compared to 2022) with an EBITDA margin of 37.3 %. The graph below describes the development of Admicom’s revenue and EBITDA in 2019–2023:
Financial goals
Annual Recurring Revenue (ARR) is expected to grow in 2024 by 5-10%. ARR in 2023 was 32.5 million euros.
Total revenue is expected to grow from 2023 level. Total revenue in 2023 was 34.3 million euros.
Adjusted EBITDA is expected to be 32-37% of revenue.
Dividend policy
Admicom aims to distribute more than half of its earnings as dividends to its owners, provided that any profit distribution does not jeopardize the growth target set in the strategy or other financial targets.
In the distribution of dividends, all shares are treated equally and entitle to the same dividend.