’s-Hertogenbosch, 24 October 2024 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today issues a trading update for the first nine months and third quarter (Q3) of 2024.
Highlights Q3 2024
- Revenue comes in at € 30.2 million, in line with Q3 of last year
- EBITDA stable at € 2.7 million
- Net profit stable at € 1.0 million, EBITDA margin comes in at 8.9% in Q3
Highlights first nine months of 2024
- Revenue to € 92.1 million due to decline in hosting revenue and persistent market challenges
- EBITDA down to € 7.1 million in the first nine months of 2024
- Net profit comes in at € 2.2 million
- Operational cash flow comes in at a negative € 0.2 million and net cash position stood at € 0.9 million
