29 October 2024
Lleida.net Reports Sales of 4.38 Million Euros in the Third Quarter of 2024
Madrid, October 29 - Tech company Lleida.net posted third-quarter sales of €4.38 million in 2024, marking a 16% increase over the same period last year.
As a leading player in registered electronic notification, signature, and contracting, Lleida.net has reached €13.95 million in cumulative sales so far this year, up 12% compared to 2023.
Listed in Paris, Madrid, New York, and Frankfurt, the company implemented a Recovery Plan in December 2023 following three consecutive quarters of negative results the previous year.
In this third quarter, Lleida.net delivered a positive EBITDA of €824,000, up a striking 646% from the same period in 2023, which saw a loss of €151,000.
As of September 30, 2024, the company’s cumulative EBITDA stands at €2.21 million, reflecting a 1322% increase over the prior year.
All business lines saw growth this quarter, with the registered electronic notification and contracting segments showing especially robust double-digit increases.
In November 2023, the company presented a Recovery Plan to restore a growth trajectory.
Additionally, Lleida.net reduced its net financial debt by 5% this quarter, now standing at €8.04 million.
"As we committed with the launch of our Recovery Plan, the company has returned to profitability, reaching performance levels seen in our strongest years," said Sisco Sapena, CEO and founder.
“Our focus is no longer just on ensuring operational viability but on driving growth and profitability, putting our investors at the heart of our strategy,” he added.
Founded in 1995, Lleida.net has been publicly listed since 2015, trading on BME Growth in Madrid, Euronext Growth in Paris, and OTC Markets in New York and Frankfurt.
With over 300 patents awarded across 60 countries for innovations in certified electronic notification, contracting, and signature solutions, Lleida.net is recognised as an industry leader.