The Board of Directors of Defence Tech Holding approves the financial results to 31 December 2023, which show sustained growth in revenue and EBITDA also for 2023.
Below are the main consolidated results as at 31 December 2023:
– RevenuesEuro 21.3m (Euro 19.5m), +9.4% vs. 2022;
– EBITDA AdjEuro 9.0m (Euro 8.1m), +11.9% vs 2022, with EBITDA Margin Adj of 40.4% (36.5% in 2022);
– EBIT AdjEuro 6.4m (Euro 5.9m), +8.2% vs 2022, with EBIT Margin Adj of 28.7% (26.9% in 2022);
– Net ProfitEuro 3.4 million (Euro 4.2 million), due to higher taxes as well as higher financial expenses;
– Positive NFP (net cash): Euro 0.1 mln (Euro 5.8 mln), in line with the investment plan;
– Investments Euro 8.9 million (Euro 24.3 million, of which Euro 7.4 million in tangible and intangible assets), of which Euro 8.4 million in tangible and intangible assets;
– Sustainability Reportimportant targets for 2023 achieved.
