Cyviz AS ( (DE:8P9) ) has issued an announcement.
Cyviz AS reported its financial results for Q4 2024, achieving an EBITDA of NOK 19.8 million and revenue of NOK 189.3 million. Despite a decrease in order intake compared to Q4 2023, the company maintained strong market positioning with significant contracts in various regions. For 2024, revenue increased by 1.7% while EBITDA grew by 30%, driven by efficiency and increased recurring revenue. The solid order backlog and demand for software solutions position Cyviz for growth in 2025, supported by the successful implementation of a regional business structure and new ventures like the ‘Integrator Kit’ and ‘Software Management Platform.’
More about Cyviz AS
Cyviz is a global technology provider specializing in comprehensive conference and control rooms, as well as command and experience centers. Established in 1998, the company focuses on creating next-generation collaboration rooms to enhance meeting experiences across various locations. Cyviz serves global enterprises and governments, emphasizing usability, decision support, security, and quality, and is listed on Euronext Growth on the Oslo Stock Exchange.
YTD Price Performance: 3.53%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €36.85M
See more data about 8P9 stock on TipRanks’ Stock Analysis page.