Logic Instrument (ALLOG) Q3 2024 TU earnings summary

Executive summary

• Revenue for the first nine months of 2024 reached €21.2M, up 135% year-over-year, driven by the successful integration of Elexo.

Financial highlights

• Consolidated unaudited revenue for the period ending September 30, 2024, was €21.2M, compared to €9.0M for the same period in 2023.

• Year-over-year revenue growth amounted to €12.2M, representing a 135% increase.

Outlook and guidance

• Plans to expand the product portfolio in mobile solutions for Defense and Extreme Conditions segments.

• Intends to broaden its large account customer base by recruiting industry experts.

• Actively pursuing external growth opportunities in related business areas.