Arcure announces improved half-year results

Arcure, a specialist in artificial intelligence for industry, records an increase in its profitability for the first half of 2024. Net income reached €1.2 million, representing 12% of turnover, compared to €0.1 million in the first half of 2023. Gross operating surplus (EBE) stood at €2.2 million, practically double compared to the previous year.

Revenues amounted to €10.1 million, representing growth of 24.5% over one year, with a gross margin up 2 points to 58% corresponding to €5.8 million. Arcure confirms its revenue target of €20 million for 2024, doubling compared to 2021. A healthy financial structure made it possible to raise €1.750 million in additional debt during the second half of the year.

International sales represent 81% of revenue, similar to 84% in fiscal year 2023. The success of Blaxtair® Origin, the main growth driver, contributes significantly to this performance. Arcure continues to invest in R&D to maintain its technological lead and meet the growing needs of global industry players.