Amper (AMP) H2 2024 earnings summary

Executive summary

• Consolidated revenue reached €419.5 million for FY 2024, up 13.6% year-over-year from €369.4 million.

• Consolidated net profit attributable to the parent was €142 thousand, reversing a loss of €1.5 million in 2023.

• EBITDA and operating profit improved, with operating profit at €14.9 million versus €10.4 million prior year.

Financial highlights

• Consolidated assets increased to €408.4 million from €374.7 million year-over-year.

• Cash and equivalents rose to €32.3 million from €25.6 million at year-end 2023.

• Equity attributable to the parent dropped to €63.3 million from €77.1 million, mainly due to negative reserves and other equity movements.

• Net financial expenses increased to €16.8 million from €13.6 million year-over-year.

Outlook and guidance

• No explicit forward-looking guidance provided, but improved profitability and cash position suggest a more stable financial outlook.