Dutch-based CM.com reports record EBITDA in H1 2024 - Silicon Canals
Briefly

CM.com's gross profit rose 6% YoY to €40.3M, with a gross margin increase to 30% from 27.8%. Revenue saw a 2% dip offset by a 23.3% cut in OPEX to €32.1M.
Normalized EBITDA in H1 2024 marked at €8.2M, a significant improvement from €-3.7M in 2023. CAPEX amounted to €8.9M, with plans for 2024 EBITDA ranging €14-18M.
CAPEX in H1 2024 decreased by 27% YoY to €8.9M. Business unit implementation enhanced order growth, emphasizing improved bottom-line performance.
CM.com handled the largest Whatsapp campaign in 2024, providing services for KLM Dutch Open Golf, showcasing their market reach and operational capabilities.
Read at Silicon Canals
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