on MUNIC (EPA:ALMUN)
MUNIC to grow by 58% in the first half of 2025
MUNIC, a company specializing in technologies for the enhancement of automotive data, recorded a turnover of 7 million euros in the first half of 2025. This result marks a 58% increase compared to the same period in 2024. This growth is attributable to the resumption of orders for Smart Dongles and the launch of new projects with existing customers.
Furthermore, sales of the Ekkofleet solution, designed for vehicle fleets, contributed to this performance. Revenue diversification, particularly through services generating high gross margins, plays a crucial role. Sales in the Americas account for 72% of revenue.
The outlook remains optimistic, with MUNIC expecting continued growth through existing contracts and the development of innovative products, such as the DoIP OBD Smart Dongles for advanced vehicles. The company is continuing to develop its EKKO Drive platform for autonomous vehicles.
R. E.
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