Avemio AG Publishes Audited Figures for 2023, Confirming Preliminary Results

Frankfurt/Main, 28 June 2024 – Avemio AG, a prominent provider of hardware and software solutions in the broadcast and media sector, has released its audited consolidated figures for 2023. The company reported consolidated revenue of EUR 99.2 million, a decrease from EUR 108.7 million in 2022. Earnings before interest, taxes, depreciation, and amortization (EBITDA) were at break-even, down from EUR 4.4 million the previous year. These results confirm the preliminary figures announced earlier.

Avemio maintains strong financial health with equity surpassing EUR 26 million, an equity ratio of 52%, and liquidity amounting to EUR 5.4 million. This solid foundation supports Avemio's ongoing growth strategy, which includes organic growth, targeted international acquisitions, and expanding its media technology group through acquisitions and in-house developments.

The company anticipates stable sales and earnings for the current fiscal year. The comprehensive 2023 Annual Report is accessible on Avemio AG's website.