Wavestone SA

WAVE

Equity

ISIN FR0013357621 / Valor 43511250

Euronext - Euronext Paris (2025-04-04)

EUR 44.20-3.70%

Wavestone SA
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About company

Wavestone SA is a global consulting firm that specializes in advising technology leaders on various aspects of their business, including sustainability, cybersecurity, and the implementation of generative AI. The company conducts surveys and research to provide insights to CIOs, CTOs, CDOs, and CISOs on how to navigate the challenges and opportunities presented by emerging technologies. Wavestone SA aims to help its clients stay ahead of the curve in a rapidly evolving digital landscape.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the first half of the 2024/25 fiscal year, Wavestone SA reported a significant increase in revenue, reaching €457.8 million. This marks a 65% growth compared to the same period in the previous year, H1 2023/24, where revenue was €276.7 million. The growth includes contributions from the acquisitions of Q_PERIOR and Aspirant Consulting.

Operating Profit and Margin

Wavestone SA's recurring operating profit for H1 2024/25 increased by 26% to €46.4 million, up from €36.8 million in H1 2023/24. However, the recurring operating margin decreased to 10.1% from 13.3% in the previous year, impacted by integration costs and seasonal effects.

Net Income and Margin

The net income for Wavestone SA in H1 2024/25 rose by 19% to €27.3 million, compared to €23.0 million in the same period last year. This resulted in a net margin of 6.0%, down from 8.3% in H1 2023/24, influenced by increased financial debt costs and tax expenses.

Financial Structure

As of September 30, 2024, Wavestone SA's equity group share was €578.4 million, up from €569.5 million at the end of March 2024. The net cash position turned negative at €(38.5) million, compared to a positive €19.3 million at the end of March 2024, due to increased financial liabilities and recent acquisitions.

Cash Flow and Investments

Wavestone SA's self-financing capacity increased by 38% to €54.3 million in H1 2024/25. Despite this, operating cash flow was €2.5 million, down from €9.3 million in the previous year, due to changes in working capital and higher tax payments. Investment operations consumed €37.8 million, primarily for Q_PERIOR's earn-out payment.

Summarized from source with an LLMView Source

Key figures

-20.5%1Y

-4.43%3Y

171%5Y

Performance

33.5%1Y

33.0%3Y

35.0%5Y

Volatility