Audius SE Announces Preliminary 2023 Figures and Growth Forecast Through 2026

audius SE shared its preliminary financial results for 2023, reporting an increase in total output to EUR 78.4 million, up from the previous year's EUR 73.9 million. However, the company experienced a slight dip in EBITDA, recording EUR 7.6 million compared to EUR 7.9 million in the prior year. This shift is attributed to new investments and elevated sickness rates.

The company's order backlog also saw positive growth, rising to EUR 56.8 million by the end of 2023 from EUR 50.3 million the previous year. With this strong foundation, audius SE anticipates continued growth, projecting an organic increase in total output to over EUR 85 million for the current year, alongside an expected EBITDA of more than EUR 8.5 million.

Looking ahead, audius SE sets ambitious medium-term targets, aiming for a total output growth of over 50% to exceed EUR 115 million by 2026. This expectation is supported by the prospects of the core business, last year's investments, and potential growth from future acquisitions. The final annual report for the audius Group is scheduled for publication on April 23, 2024.