Heeros: Pioneer in SaaS business software

Short summary of today’s financial statement release:

  • Revenue 2024: Grew by 1% from the previous year, amounting to 11.4 million euros; recurring revenue decreased by 0.2% and was 10.7 million euros.
  • Profitability: EBITDA grew by 10% to 2.7 million euros.
  • New customer orders (ARR): Increased by 28% and exceeded 760 thousand euros.
  • Cash Flow: Operating cash flow rose by 86%, amounting to 3.8 million euros.
  • Dividend Distribution: The Board proposes no dividend distribution for the financial year 2024.
  • Accountor Finago Oy: Announced a voluntary share purchase offer to Heeros.
  • Market Outlook: Growth is estimated for the European SaaS market through digitalization and automation.

Summary generated by FinDL

https://attachment.news.eu.nasdaq.com/a8049d9988552a9b0853e7d0458ac0ff2

e. The stock price probably won’t budge much from this, though :sweat_smile:

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