EQS-News: Avemio AG Publishes Audited Group Figures for 2024 – Digital Strategy Gains Momentum

Avemio AG Publishes Audited Group Figures for 2024 – Digital Strategy Gains Momentum

Mainz-Kastel, 30 June 2025 – Avemio AG (ISIN DE000A40KY59, Ticker AV2), a leading European system supplier of hardware and software for the professional film, broadcast, audio and video industries, today published its Annual Report 2024. While the market environment was challenging, the Avemio Group made significant strategic progress in the past financial year, particularly in the digital division.

Transformation into a Technology-Driven Service Provider

In 2024, business activities focused on the targeted further development of the Avemio Group into a technology-driven service provider with a growing international focus. The expansion of the digital division was driven forward by the integration of MoovIT GmbH and MoovIT Software Products GmbH, which were acquired in the previous year, and the founding of ObviousFuture GmbH. With innovative solutions such as helmut.cloud and the AI-based platform CaraOne, which was awarded “Product of the Year 2025” at the NAB Show in Las Vegas, Avemio has created a future-proof product portfolio.

At the same time, the value chain was expanded through the acquisition of the LEA Group. This integration strengthens the financing expertise within the Avemio Group and makes it possible to offer usage-based financing models more efficiently and independently of external partners in future – an important step in view of an industry trend away from traditional capital goods towards usage-based operating expenses.

Digital Division Grows Strongly

In the 2024 financial year, the Avemio Group generated consolidated revenues of EUR 87.9 million (2023: EUR 99.2 million). Revenues in the trade division decreased to EUR 78.8 million (2023: EUR 96.1 million) as a result of temporarily weaker demand for high-priced capital goods and project postponements. By contrast, the digital division developed dynamically. Revenues increased to EUR 8.5 million (2023: EUR 2.9 million).

Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR -0.9 million (2023: EUR 0 million). The decline in earnings is mainly a result of the decrease in revenues in the trade division and investments in the Group’s restructuring. Initial measures – in particular the integration of subsidiaries into Teltec AG – have already resulted in savings of around EUR 0.5 million as part of a comprehensive cost-cutting program initiated at an early stage. Full integration is expected to be completed by the end of 2025, enabling annual savings of over EUR 1.5 million.

Solid Equity Ratio and Positive Cash Flow

Despite the negative earnings development, Avemio Group managed to keep its equity ratio almost stable at 49% as at 31 December 2024 (31 December 2023: 52%). Cash and cash equivalents increased slightly to EUR 5.7 million (31 December 2023: EUR 5.4 million). Along with free credit facilities of around EUR 2.0 million, Avemio Group has solid financing for the Company’s further growth. A positive operating cash flow of EUR 2.4 million (2023: EUR -3.6 million) was achieved in particular through optimized working capital and inventory management.

2025 Shaped by Digital Growth

For the current financial year, the Management Board expects the trade division to stabilize and the first growth impetus to come in the second half of the year. The digital division remains a key growth driver. The helmut.cloud and CaraOne products are about to enter the market. Initial pilot projects with well-known customers have been successful. The Company is also experiencing increasing international demand – particularly from the North American market. Concrete talks with leading media companies and initial strategic partnerships have already been initiated.

The objective is to return the operating result to positive levels in 2025. In the medium term, a sustainable increase in Group profitability is to be achieved through the growing share of the higher-margin digital business.

Ralf P. Pfeffer, CEO of Avemio AG: “Our investments in digital business models and AI technologies are increasingly paying off. The positive feedback from initial projects confirms that we are on the right track. From the second half of 2025, we expect a noticeable upturn, both in the trade division and with our digital solutions.”

The 2024 Annual Report of Avemio AG is available on the Company’s website at: https://avemio.com/news/#finanzberichte (German language only).

About Avemio AG

Avemio AG is a media technology group with a focus on professional film and television technology. It is the largest B2B media technology trading group in the German-speaking market and the European Union and has a strong growth track record. As an independent supplier, Avemio provides content producers with products from all well-known manufacturers as well as consulting and technical support for complete production, post-production and broadcast systems. The company also develops and integrates media technology workflows with its own software and cloud solutions. Avemio went public in 2023 via a reverse IPO, followed by its rise to the primary market and admission to trading on the Xetra exchange. The Avemio Group pursues an international buy-and-build strategy and continues to expand its high-margin proprietary software offerings.

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