sur BEACONSMIND AG (isin : CH0451123589)
Beaconsmind Group Reports Strong Growth in 1H2024, Reaffirms Positive Outlook
Wollerau, Switzerland – September 30, 2024 – beaconsmind Group announced solid financial results for the first half of 2024. Revenue reached CHF 5.9 million, a significant 122% increase from the CHF 2.7 million recorded in the first half of 2023. EBITDA also saw an impressive rise to CHF 1.1 million, up by 740% compared to CHF 135,000 in the second half of 2023.
The company reported a strong balance sheet with CHF 6.2 million in equity and confirmed CHF 0.3 million in cash, achieving free cash flow breakeven during 1H 2024. This progress eliminates the need for additional capital measures moving forward.
beaconsmind Group's recent projects include deployments at the Semperoper Dresden and in multiple Müller supermarkets. The firm has also expanded into Spain and UAE, anticipating further accelerated growth for the full year 2024.
The company plans to continue its growth trajectory through international expansion and potential new acquisitions to boost profitability.
R. P.
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