With these results, we have beaten all records since the Group’s stablishment, and it’s thanks to the growth of all our lines of business and the consolidation of the accounts of the companies that joined in 2022.

Our EBITDA was 25.2 million euros and net profit reached 15.4 million euros, 50.7% more than the previous year. 
 

Today we present our financial results for 2023, with a turnover of 241 million euros, which is 44% more than in 2022. Our EBITDA exceeded 25 million euros, a 55.4% increase compared to 2022 (16.2 million euros). In relative terms, our EBITDA margin was 10.4%, compared to 9.7% in 2022.

Organic growth in all markets, the full consolidation of the Wairbut and Bilbomática accounts (which joined the Group in 2022) and the development of strategic areas such as cybersecurity, data analytics, and cloud services have been the main factors behind this performance – the best in our history since Altia was established 30 years ago.

Net profit amounted to €15.4 m, 50.7% higher than in 2022 (€10.2 m), while the net margin was 6.4% compared to 6.1% in the previous year. We have managed to increase our profitability in a period of great global economic uncertainty.

Looking at our balance sheet, the Group has grown by 6.6% compared to 2022 (from €143.6 m to €153.2 m). The main figures of the balance sheet point to good financial health, with significant resources available and having reached 19.7% growth in equity. As for net financial debt, the difference between 2022 and 2023 is due to debt write-offs carried out during the year (€-7.9 m). 

It should also be noted that the turnover obtained corresponds 53.5% to the Spanish market and 46.5% to the international market, a clear indicator of our commitment to growth abroad.