EXASOL Q1 2024 Preliminary Figures: First Positive Operating Result Since IPO, Net Cash Flow Doubles

• Exasol AG announces preliminary Q1 2024 results, showing positive operating result for the first time since its IPO in May 2020
• Annualized recurring revenue (ARR) grew by 16.0% to EUR 40.7 million, and quarterly revenue was EUR 9.9 million, 12.5% above the previous year's level
• Operating result (EBITDA) was positive for the first time at EUR 0.3 million, compared to a loss of EUR -2.2 million in Q1 2023
• Cash and cash equivalents increased to EUR 20.7 million, and the company recorded a positive net cash flow of EUR 7.4 million, more than double compared to Q1 2023
• Exasol confirms its outlook for the 2024 financial year, expecting the ARR to increase by up to 10% compared to the previous year, and consolidated revenue to increase by 10 – 15%
• The full figures for Q1 2024 will be published on May 7, 2024.

The next important date, Spring Conference Equity Forum, at EXASOL is on 01.05.2024.

The price of EXASOL at the time of the news was 2,4000EUR and was down -0,41 % compared with the previous day.
7 minutes after the article was published, the price was 2,4500EUR this corresponds to a plus of +2,08 % since publication.

EXASOL

+0,41 %

-4,65 %

-9,23 %

-23,13 %

-31,57 %

-89,89 %

-82,43 %

-82,43 %

-82,68 %

ISIN:DE000A0LR9G9WKN:A0LR9G

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