(Alliance News) - expert.ai Spa reported that it has approved a new business plan and reviewed some 2023 budget figures.

In the past fiscal year, the company reported revenues between EUR32 million and EUR33 million, lower than the EUR38 million forecast in the plan, but up year-on-year from EUR31.6 million in 2022.

As for the plan, the company forecasts a revenue range of EUR32.3-36.1 million for 2024, with gross profit of EUR23.2-26.0million, Ebitda between EUR8.7 million and EUR10.4 million, and cash Ebitda of EUR4.3-5.8 million.

For 2025, revenues are forecast at EUR33.9-42.6 million, gross profit at EUR23.9-30.0 million, Ebitda at EUR8.7-12.6 million, and cash Ebitda between EUR3.7 million and EUR7.4 million.

By 2026, on the other hand, revenue is expected at EUR35.8-52.8 million, gross profit at EUR25.2-37.3 million, Ebitda at EUR9.2-17.9 million, and cash Ebitda at ERU4.1-12.3 million.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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