on AMA Corporation (EPA:ALAMA)
AMA Corporation Reports 2024 Earnings and 2025 Q1 Revenue
AMA Corporation PLC released its audited financial results for 2024 and reported growth in its order book and revenues for the first quarter of 2025. The company's shift towards an AI-centric model for frontline operations, led by its XpertEye solution, aims to enhance performance and productivity through artificial intelligence. The transformation includes the synchronization of data streams and business-focused generative AI.
Despite the earnings reflecting a 17% drop in revenue to €2.5 million in 2024 compared to 2023, AMA's adjusted gross margin rose to 74%, driven by a shift in product mix focused on software and services. Staff costs decreased by 26%, aligning with workforce changes. Net income improved to €(7.4) million, narrowing losses compared to the previous year. In 2025, AMA plans to expand AI deployment and explore new market opportunities.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all AMA Corporation news