i2S announces strong 2023 financial results and strategic growth

Par Rémy EISENSTEIN - The year 2023 marked a turning point for i2S Innovative Imaging Solutions with confirmation of the success of its strategic refocusing on high value-added imaging solutions. This orientation has led to a notable increase in sales, in particular thanks to the digitization of heritage and underwater imaging, recording growth of +22% and +255% respectively. The integration of the TWIGA company also played a key role in the increase in i2S's profitability, with a 65% improvement in EBITDA compared to 2022.

Financially, the detailed figures reveal growth of 4.8% in turnover excluding tax compared to 2022, as well as a significant increase in gross margin of 27.2% and operating profit of 92%. .7%. At the same time, the company continued to expand its influence in the international market, with export sales making up 87% of total turnover.

In addition, i2S was able to improve its financial structure, in particular through an increase in shareholders' equity and optimized management of its cash flow, despite a major investment in the acquisition of TWIGA. This financial strength reinforces i2S's confidence in its ability to continue its growth and invest in future development opportunities.

The company projects positively into the future, benefiting from competent human resources and a governance model that encourages commitment. Building on its attractiveness and recent successes, i2S is considering new external growth projects, underlining its desire to double its consolidated turnover by 2030.