Alma Media (ALMA) Investor presentation summary

Financial performance and key figures

• Revenue reached €313M in FY 2024, with 2.5% annual growth and 4.0% growth in Q1 2025; adjusted operating profit margin was 24.6% in 2024 and 21.7% in Q1 2025.

• Digital business accounted for 84% of total revenue in 2024 and 83.9% in Q1 2025, reflecting a successful digital transformation.

• Return on equity was 23%, ROI 15%, and equity ratio 49% in 2024; leverage remained low at 1.4x net debt/EBITDA in Q1 2025.

• Dividend of €0.46 per share was distributed, and total shareholder return from 2015–2024 was approximately 500%.

• Operating cash flow in Q1 2025 was €22.3M, with cash flow before financing at €8.1M after investments.

Business segments and market positions

• Leading positions in recruitment, housing, vehicles, and news media across Finland and CEE, with #1 or top-3 brands in multiple countries.

• Alma Career: Revenue stable at €26.7M in Q1 2025, but profitability declined due to development costs; digital share 93.9%.

• Alma Marketplaces: Revenue up 17.5% to €26.9M in Q1 2025, with digital services up 25.9% and EBIT margin at 27.5%.

• Alma News Media: Revenue declined 2.7% to €25.8M in Q1 2025, but adjusted EBIT rose 17.3% to €3.0M; digital content revenue up 12%.

• Revenue sources are diversified: 39% classifieds, 19% advertising, 18% digital services, 16% content, 7% other.

Strategic transformation and investments

• Ongoing digital transformation, with over €200M invested in digital growth and divestment of print-based or low-profit businesses.

• Expansion through M&A, including recent acquisitions of Edilex Lakitieto Oy and full ownership of Suomen Tunnistetieto Oy.

• Focus on integrating platforms, AI-driven product development, and scaling digital services across geographies.

• Strategy centers on streamlining customer processes, building new revenue streams, and leveraging synergies.

• Sustainability is integral, with a 65.6% reduction in Scope 1+2 emissions since 2019 and strong governance practices.