Headquartered in Cambridge, UK, Hybrid Software Group PLC, developer of enterprise software for industrial print manufacturing, has published its half-year report and unaudited condensed consolidated interim financial statements for the six months ended 30 June 2024.
The figures provided by the company show its financial highlights (unaudited) for the six months ended 30 June. The company’s revenue, in thousands of euros, in 2023 was 24,906 and in 2024 has gone up to 26,922. The difference in profit/loss, in thousands of euros, between the year is also very different. After recording and unaudited loss of 334 the figure in 2024 has gone to a profit of 2151.
Mike Rottenborn, Hybrid Software Group CEO commented, ‘Hybrid Software Group performed well in the first half of 2024, with rising revenues in all business segments. Overall, our revenues grew 8.1% over the first half of 2024, with all three reporting segments seeing growth in the range of 7% – 10%. The first semester also brought a significant boost in profitability, with our EBITDA up 75% and adjusted operating profit up 188% from last year’s figures to €6.48 million and €4.38 million, respectively.’