mVISE AG

C1V

Equity

ISIN DE0006204589 / Valor 2377455

Xetra (2024-09-17)

EUR 0.42-7.83%

mVISE AG
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About company

mVISE AG specializes in digital transformation, offering consulting, cloud, and software integration services to businesses.

Summarized from source with an LLMView SourceSector: Technology

Revenue Decline

In the fourth quarter of 2023, mVISE AG reported a revenue decline from €15.6 million in 2022 to €14.0 million. This decrease was primarily attributed to restructuring measures and a shift in the business model.

EBITDA Achievement

Despite the revenue drop, mVISE AG achieved an EBITDA of €1.1 million in Q4 2023, surpassing the previous year's EBITDA of €0.0 million. This accomplishment aligns with the company's forecasted EBITDA target of over €1.0 million for the year.

Profit Margin

The EBITDA margin for mVISE AG in Q4 2023 stood at approximately 8%, a significant improvement from 0% in the previous year. This increase reflects the company's successful cost management and restructuring efforts.

Outlook for 2024

Looking ahead to 2024, mVISE AG anticipates a stable EBITDA, despite ongoing economic uncertainties. The forecast includes the integration of opcyc GmbH, which is expected to contribute positively to the company's financial performance.

Restructuring Costs

mVISE AG projects a notable reduction in EBITDA to €0.1 million in 2024 due to restructuring costs and significant personnel adjustments. However, the company expects these costs to be concentrated in the first half of the year, with a potential EBITDA increase to approximately €1.4 million on an annualized basis by the second half of 2024.

Summarized from source with an LLMView Source

Key figures

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Performance

88.2%1Y

88.2%3Y

88.2%5Y

Volatility