Financial development
The company’s revenue has increased to 35.6 million with an EBITDA margin of 33.9 %. The graph below describes the development of Admicom’s revenue and EBITDA in 2020–2024:
Mid-term financial targets
In alignment with the new strategy, Admicom has updated its mid-term financial targets to be achieved by the end of 2028:
Growth:
• Organic Annual Recurring Revenue (ARR) growth exceeds 15%
• Net Revenue Retention (NRR) is over 106%
• Customer churn is less than 6%
Profitability:
• Adjusted EBITDA for Finnish operations is over 40%
Leverage:
• Net debt in relation to adjusted EBITDA is less than 2.5
Admicom’s objective is to reach minimum EUR 60 million ARR by end of the strategy period. Reaching EUR 100 million ARR remains to be Admicom’s long-term ambition but without a defined year.
Dividend policy
Admicom has a growth strategy, and our priority is to maintain a strong financial position to invest in growth. When our cash flow and investment needs allow, we aim to allocate approximately 30% of annual profits to returning capital via dividends or share buybacks or combination of those.
Key figures
Calculations of financial ratios
