FINANCIAL INFORMATION

Our first half of 2024 sees 12% growth, with operating revenue of 43.2 million euros

In the first half of 2024, our operating revenue reached 43.2 million euros, a 12% vs 2023, while our Recurrent EBITDA was 6.9 million euros. Total revenues (which include the re-billing of services to clients) improved by 16% reaching 54.5 million euros.

The first six months of 2024 were marked by a transformation within our company, driven by the launch of our new organizational model focused on two main practice areas: Marketing and Corporate Affairs. We also experienced growth in the United States and achieved record investments during this period, including the acquisition of Lambert by LLYC (United States) and the preparation for the acquisitions of Dattis by LLYC (Colombia) and Zeus by LLYC (Spain), which were completed in the second half of the year.

Breaking down our results by business unit, Marketing accounted for 40% of our operational revenues and 12% of the Recurrent EBITDA as of June. Meanwhile, Corporate Affairs contributed 60% of our income and 88% of the gross operating revenue.

Our effective expense management has played a crucial role in maintaining this margin. This focus on efficiency not only ensures our profitability but also positions us favorably to face future challenges.