Financial targets 2024:
- Revenues of
NOK 270 million (15% organic growth) - EBITDA in excess of
NOK 40 million - EBITDA – capex around
NOK 0 - EBITDA – capex of
NOK 20 million excluding Webdoc X
Financial targets 2025:
- Revenues above
NOK 320 million (20% organic growth) - EBITDA of
NOK 80 million - EBITDA – capex of
NOK 40 million - EBITDA – capex of
NOK 60 million excluding Webdoc X
The strength of a business like ours, with minimal churn, strong growth and cost control, is that bottom line scales rapidly as revenues grow. The additional customer contracts and cost reductions lead us to believe that it is time to update our financial goals.
Note: EBITDA and EBITDA - capex is alternative performance measures as a supplement to the financial statements prepared in accordance with IFRS. Please see the latest quarterly report for further details.
© Modular Finance, source