Soditech half-year results as of June 30, 2024

The Soditech Board of Directors approved the accounts for the first half of 2024 at its meeting on September 16, 2024. Although audit procedures are ongoing, the initial results show significant growth.

The company's revenue increased by 12% compared to June 2023. However, significant expenses related to the launch of new space projects impacted the operating result, which shows a loss of €425,069.

The order book, up 134%, provides visibility on turnover for the second half of 2024 and for the year 2025. However, these prospects remain conditional on the completion and compliance with the schedules of current projects.

As of June 30, 2024, total assets amounted to €7,565,197, mainly in fixed assets and receivables. Equity reached €2,408,179, despite a net loss of €465,023 for the period. Financial liabilities amounted to €2,467,557.

Soditech, an SME specializing in subassemblies for the space, research and defense sectors, continues to rely on its experience and structure to successfully carry out its long-term projects.