Digitalist Group Oyj reports revenue growth of 15.6% in Q1 2025 and reduced operating loss

From GlobeNewswire: 2025-04-25 02:00:00

Digitalist Group Oyj reports a half-year review for January to March 2025, showing a revenue of 4.5 million euros, up 15.6% from the previous year. Operating loss decreased to 0.3 million euros. The company aims for growth in both Sweden and Finland, focusing on sustainable business in key markets.

The CEO is pleased with the revenue and profitability improvements in 2025 compared to 2024. Revenue grew nearly 16%, reaching 4.5 million euros. Despite ongoing losses, cost-saving measures and improved internal collaboration led to a reduced operating loss of 0.1 million euros in the first quarter.

Demand remains stable in Sweden, aiding revenue growth, while challenges persist in Finland. The launch of Digitalist Private AI Hub signals a focus on AI solutions. The company aims for continued operational efficiency and cost awareness to strengthen financial performance for a cautiously optimistic outlook for 2025.

Looking ahead, Digitalist Group expects revenue and EBITDA to improve in 2025 compared to 2024. The company states its working capital is sufficient for the next 12 months, with potential support from the main shareholder if needed. No significant events have occurred post the reporting period.



Read more at GlobeNewswire:: Digitalist Group Oyj:n johdon osavuotinen katsaus ajalta