Officina Stellare (OS) H2 2024 earnings summary

Executive summary

• Consolidated revenue for 2024 reached €15.7 million, up 11% year-over-year from €14.2 million in 2023.

• Consolidated net income attributable to the group was €415 thousand, down from €1.92 million in 2023.

• The group operates in high-tech sectors including aerospace, astronomical research, defense, and is expanding into cybersecurity.

Financial highlights

• EBITDA for 2024 was €1.64 million, a decrease from €3.12 million in 2023.

• Operating income before taxes was €1.19 million, down from €2.87 million in 2023.

• Total assets increased to €47.4 million from €42.8 million at year-end 2023.

• Equity attributable to the group rose to €15.88 million from €15.51 million.

• Cash and cash equivalents at year-end were €761 thousand, down from €1.84 million.

Outlook and guidance

• The group continues to invest in technological innovation and market expansion, particularly in cybersecurity and quantum communication.

• No significant post-balance sheet events were reported that would impact future performance.