on GECI INTERNATIONAL (EPA:ALGEC)
GECI International Review and Outlook for 2024/2025
GECI International announced revenue of €18.1 million for the 2024/2025 financial year, marking a slight decrease of 4.7% compared to the previous year, at constant scope and exchange rates. This modest decline comes in a challenging economic environment and highlights the group's strategic shift towards High-Performance Computing (HPC) in France and Smart City projects in Brazil. With revenue split between France (51.6%) and Brazil (48.4%), the company continues to strengthen its partnerships with leaders such as Nvidia and IBM, consolidating its offerings and commercial presence.
GECI International is continuing to develop its HPC and Smart Cities activities, planning to accelerate its growth in these segments. The company is focusing on high-value offerings and hopes to fully benefit from its streamlining policy initiated in 2024/2025 the following year. At the same time, the termination of the Cash Redeemable Bond financing agreement with Yorkville Advisors, having used only €250,000 of a €10 million facility, reflects its stabilized financial position.
R. P.
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