A year of expansion and consolidation , with rising revenues, balanced profits, and a robust balance sheet.
We will distribute a dividend of €0.06 per share, 20% more than the dividend distributed last year.
Today we present our 2024 results, a year in which we increased our revenue to €255.6 million, representing a 5.9% increase compared to 2023. This figure does not include the revenue obtained in 2024 from the recent acquisitions of IN2 and Verne. This growth reflects a positive evolution in our operations, consolidating our expansion process. We maintain a solid financial structure, supported by a 15.5% increase in equity and a balance sheet totaling €167.1 million.
EBITDA exceeded €25 million, in line with the previous year's results. In relative terms, the EBITDA margin was 9.7%, slightly lower than the 10.4% recorded in 2023. This is due to investments made in foreign markets, mainly in the United States, Ireland, and the United Arab Emirates, which are expected to materialize in future growth starting in 2025. Consolidated net profit reached €15.4 million, 0.5% more than in the previous year. Profitability showed a slight contraction, with a net margin of 6% compared to 6.3% in the previous year. The results reflect stable profits following a cycle of significant investments.
From a balance sheet perspective, the 9.2% growth compared to 2023, with assets increasing from €153.1 million to €167.1 million, underscores our strong financial health. This strengthening is supported by equity, which has increased by 15.5%, thus reinforcing the company's solvency. At Altia, we maintain a prudent self-financing policy, which is reflected in its ability to continue generating long-term value.
Regarding shareholder remuneration, the Board of Directors has proposed a total dividend of €0.06 per share, 20% more than the dividend distributed in 2023. This represents a distribution of €4.1 million, equivalent to 26.7% of consolidated net profit. Of this amount, €2.47 million was already paid as an interim dividend in December 2024, and the remainder will be submitted for approval at the next Ordinary General Meeting scheduled for May.
“ The year 2024 has been marked by the expansion and consolidation of our model, following the significant acquisitions of recent years. We have maintained profit levels in a context of strong investment, primarily in foreign markets, and, more importantly, we have strengthened our equity position and the group's financial stability. These results undoubtedly reflect the maturity achieved after the growth of previous years and allow us to face the future with confidence .”
Constantino Fernández · President
We remain steadfast in our objective of sustained growth and balanced profitability. Throughout 2024, we have taken a further step in stabilizing our corporate perimeter, aligning our resources with the new operational dimensions achieved following the integration of our acquisitions. This strategic consolidation process strengthens our competitive position in the technology sector, both nationally and internationally.
" These results confirm our years-long strategy of strong organic growth, complemented by the acquisition of companies that enhance our service offering. The strength of our balance sheet and revenue growth provide a solid foundation upon which we will continue to build the company's development in the coming years ."
Ignacio Cabanas · Economic and Financial Director
Looking to the future, Altia maintains a strategy focused on innovation, efficiency, and commitment to the environment, committed to continuing to generate value for its customers, employees, and shareholders.
