beaconsmind (MLBMD) H2 2024 earnings summary

Executive summary

• Achieved CHF 13.1MM in revenue for 2024, a 112% increase year-over-year, driven by recent acquisitions and organic growth.

• Adjusted EBITDA reached CHF 2.5MM, up from -0.4MM in 2023, reflecting successful cost optimization and synergy realization.

• Major acquisitions (Frederix, Netopsie, Socialwave, T2, Kadsoft, Lokalee, Swissnet AG) transformed the business into two segments: Infrastructure and Software/SaaS.

• Expanded international presence, notably in MENA and APAC, and launched new products including a white-label app for location-based marketing.

• Strategic focus on integration, cross-selling, and further acquisitions to sustain growth and innovation.

Financial highlights

• Net revenue for 2024 was CHF 13.1MM, up from CHF 6.2MM in 2023.

• Adjusted EBITDA improved to CHF 2.5MM from -0.4MM year-over-year; EBIT was CHF 0.6MM versus -2.0MM.

• Net income for 2024 was CHF 1.3MM, reversing a loss of CHF -3.2MM in 2023.

• Cash and cash equivalents increased to CHF 4.4MM from CHF 0.8MM at year-end 2023.

• Total assets rose to CHF 24.8MM, up from CHF 19.3MM at the end of 2023.

Outlook and guidance

• High single-digit organic growth expected in coming years, with additional growth from internationalization and vertical expansion.

• Focus on integrating recent acquisitions, expanding in hospitality, healthcare, and retail, and leveraging cross- and up-selling opportunities.

• Continued pursuit of accretive acquisitions and international expansion, especially in MENA and APAC.

• Optimistic about sustained profitability and robust growth into FY 2025 and beyond.