Exasol publishes 2024 Annual Report – Audited figures in line with preliminary results and forecast
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EQS-News: EXASOL AG
/ Key word(s): Annual Results/Annual Report
Exasol publishes 2024 Annual Report – Audited figures in line with preliminary results and forecast
Revenue increased by 12.9% to EUR 39.6 million (previous year: EUR 35.1 million), EBITDA stood at EUR 2.0 million (previous year: EUR -5.7 million), and consolidated earnings after taxes were EUR 0.2 million (previous year: EUR -8.2 million). For the first time since the IPO in 2020, Exasol has achieved positive results, laying the groundwork for significantly accelerating ARR and revenue growth in the medium term. A key success factor is the refinement of the strategy. Exasol’s growth strategy focuses on on-premise and hybrid solutions, as well as its focal industries of finance, telecommunications, healthcare, utilities, and the public sector. In these areas, Exasol’s analytics engine – one of the fastest databases in the world – offers clear competitive advantages in terms of performance and investment-to-operating cost ratio. This strategic refinement strengthens the company’s market position and opens new potential for future growth. Exasol confirms the guidance published on 19 February 2025 for the financial year 2025 and expects ARR and revenue growth in the mid-single-digit percentage range compared to the financial year 2024. The guidance take into account that opposing effects from terminations by companies outside the focus sectors are still expected in the financial year 2025. However, this impact will diminish in the medium term due to the increasing shift in the portfolio. At the same time, strong double-digit ARR growth in core markets will continue in 2025. The 2024 annual report of Exasol AG is available for download at https://ir.exasol.com/publications/. Exasol is the world’s most powerful analytics engine, purpose-built to handle the most demanding data workloads with an unmatched price/performance ratio. Trusted by global enterprises across diverse industries, Exasol delivers exceptional reliability and performance. With in-memory computing, massively parallel processing (MPP), self-tuning functionality, and advanced AI capabilities, Exasol simplifies complex analytics. This enables organizations to extract maximum value from their data while maintaining operational cost efficiency. Whether used as a standalone data warehouse, an analytics accelerator, or an AI/ML model enabler, Exasol ensures reliable, high-performance analytics across both on-premises and hybrid environments. For more information about how Exasol can transform your data analytics capabilities, visit www.exasol.com.
18.03.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | EXASOL AG |
| Neumeyerstraße 22-26 | |
| 90411 Nuremberg | |
| Germany | |
| Internet: | www.exasol.com |
| ISIN: | DE000A0LR9G9 |
| WKN: | A0LR9G |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2101782 |
| End of News | EQS News Service |
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2101782 18.03.2025 CET/CEST
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