Lleida.net increased sales by 16% in 2024, with significant improvement in profits
From GlobeNewswire.: 2025-04-28 02:00:00
Spanish tech company Lleida.net (BME:LLN) (EPA:ALLN) (OTCQX:LLEIF) saw a 16% increase in sales in 2024, reaching €19.05 million, with an audited EBITDA of €3.24 million, a significant improvement from 2023’s €84,000. The company also achieved a net profit of €883,000, recovering from losses of €2.65 million in 2023.
CEO Sisco Sapena emphasized the success of Lleida.net’s recovery plan, highlighting the effort and rigor that went into implementing their strategy. All business lines experienced double-digit growth in 2024, with ICX Wholesale up by 24%, Registered Electronic Notification by 25%, SMS solutions by 13%, and Contracting by 13%.
Lleida.net’s financial debt decreased by 22% to €7.41 million in 2024, thanks to strict cost control measures. The company also increased its consolidated gross margin by 11% to €10.18 million, despite a slight decrease in gross margin on sales due to the greater weight of SMS lines in total turnover.
Founded in 1995, Lleida.net is a leading provider of electronic certification, notification, and signature technology services in Europe. With over 300 patents granted in 60 countries, it is a key player in innovation. The company is listed on stock exchanges in Madrid, Paris, New York, Stuttgart, and Frankfurt.
Read more at GlobeNewswire.:: Lleida.net increased its sales by 16% in 2024 and recorded
