Cash Flow ChallengesHigher levels in 2024 were necessary to progressively manage the development of ongoing projects, which absorbed a significant portion of the cash.
Debt ManagementThe company had to resort to debt financing, bringing its net debt to €7.4 million.
Financial LeverageThe company published its guidance for 2025, anticipating revenue of €46-51.5 million, with EBITDA margin of around 60% and net debt improving to €2 million.