on ORDISSIMO (EPA:ALORD)
2024 Annual Results: Ordissimo Reduces Losses
Ordissimo announces encouraging annual results for the 2024 financial year. Revenue increased by 7.8% to €3.15 million. This increase is mainly due to new orders from its Pix-Star subsidiary in the United States. The company also reduced its net loss to €388,000, compared to €856,000 in 2023.
In Europe, sales declined by nearly 15%, despite the resilience of the retail segment. EBITDA showed an improvement, although it remains negative at -139,000 euros, thanks to a reduction in operating costs of nearly 17%.
For 2025, Ordissimo expects margins to improve in Europe and sales growth in the United States, despite market uncertainties. The company is in the process of acquiring an IT leasing business, which could diversify its revenue streams.
R. P.
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