Q.beyond Boosts EBITDA to €2.0M in Q1 2024, a Whopping €3.3M Increase!

• q.beyond AG increased its EBITDA by €3.3 million to €2.0 million in Q1 2024.
• The company reported revenues of €47.1 million and a free cash flow of €0.6 million in the same period.
• The 2025 Strategy of the company is being implemented as planned, with a focus on profitability over growth.
• Both segments of the company, Managed Services and Consulting, saw an increase in profitability in the past quarter.
• The company confirmed its outlook for the 2024 financial year, with EBITDA expected to rise to between €8 million and €10 million.
• As part of its 2025 Strategy, q.beyond aims to raise its EBITDA margin to between 7% and 8% in the coming year, and generate sustainably positive consolidated net income.

The next important date, Publication of the Q1/2024 Quarterly Report, at q.beyond is on 13.05.2024.

The price of q.beyond at the time of the news was 0,7080EUR and was up +0,28 % compared with the previous day.
19 minutes after the article was published, the price was 0,7070EUR this corresponds to a minus of -0,14 % since publication.

q.beyond

+1,41 %

+4,98 %

+40,42 %

+28,34 %

+19,97 %

-51,89 %

-38,78 %

-75,77 %

-94,35 %

ISIN:DE0005137004WKN:513700

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