Qwamplify: Q4 2024 Financial Results

Qwamplify, a digital marketing agency, posted revenue of €7.2 million for the quarter July-September 2024, an increase of 9% compared to the previous year. Gross margin reached €5.2 million, recording an increase of 6.5%. Over the last twelve months, revenue amounted to €33.1 million, an increase of 4.9%, while gross margin increased by 14.3% to €23.4 million.

This performance is supported by the dynamics of activities in France and the Nordic countries. However, the decline in the Social activity, following the end of the contract with Optical Center, slowed down quarterly growth. For the last quarter of 2024, slight growth is expected despite operating margins under pressure due to the increase in HR costs.